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01 October 2014

September News

Pughs property auction held on the 24th September at The Feathers hotel was a great evening with the sale room full of interest in the six lots included

First to be sold was Land at Cedar Lodge, Staunton which was approximately 2.83 acres (1.14 hectares) of flat pasture land split into two well fenced paddocks. The guide price for the land was 30,000-35,000 bidding was tense but with two very interested parties the final hammer price was way over guide price and sold for 67,000.

Lot number 2 was a parcel of amenity woodland approx. 0.45 acres (0.18 hectares) on the south of the Malvern Hills. The guide price for the woodland was 5,000- 10,000 and after a lot of interest in the property it sold for 9,000

Next to be sold was Hawkes Hill, a most rural and idyllic country property located in the midst of Castlemorton Common, with the benefit of just under one acre of grounds with direct access to walks. The guide price for the property was 350,000- 400,000 bidding was strong and the property finally sold within the guide price for 390,000.

Lot 4 was Woodland part of Collinpark wood. The 8.19 Acres of woodland had road frontage and access to the Eden Hill Road situated between Pauntley and Upleadon, Newent, Gloucestershire. The woodland was a designated Site of Special Scientific Interest. The guide price for the land was 35,000-40,000 and finally sold to the same buyer of lot 2 for 39,000

The penultimate lot of the evening was Farmyard and Buildings situated to one side of Windy Oaks Farm which has the benefit of a separate vehicular access and large concrete yard with substantial modern farm buildings. The guide for the buildings was 160,000, but the property did not make the reserve and was not sold.

The final lot of the evening was Land at Windy Oaks Farm, approximately 7.31 acres (2.96 hectares ) of pasture in a quite location on the Herefordshire/Worcestershire borders, ideal for a small holder or pony paddocks. The guide price was 65,000 and after slow bidding the land sold for 44,000.

September has been busy with private treaty sales with properties selling quickly ranging from a three bedroom detached cottage in Cradley to a well-presented two bedroom semi-detached house in Ledbury.

Residential Letting demand continues with a total of six properties let this month, five of which were let within the first week of advertisement. Properties such as a three bedroom barn conversion to a two bedroom end of terrace Victorian cottage in Ledbury Town.

We are now taking entries for our next property auction to be held in Spring 2015. If you are interested in selling, renting or are on the market and looking for a property, please do not hesitate to contact the office on 01531 631122.

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