11 June 2015
Derelict Farmhouse attracts a full Auction Room
Pughs conducted their June property auction where the star of the show was a Farmhouse which has been derelict for approximately 40 years set within 2 acres of garden and paddocks in the village of Aston Ingham.
The guide for this property was £90,000 - £130,000. There were many buyers in the room for it and bidding started swiftly and soon reached £140,000 where there was a brief pause before two bidders took the property to £200,000. There was another brief pause as a new bidder took over and the bidding went steadily to £251,000 where it was finally sold to a local purchaser. Auctioneer James Pugh was jovial within the bidding and was happy to take a £1,000 bid.
Other sales that evening included a three bedroom detached house in Tarrington in need of modernisation with a guide of £180,000 - £220,000 sold for £265,000. Also a town property with a large garden with potential for residential development with a guide of £220,000 - £280,000 sold for a good price of £256,000.
July auction is now launched with currently three properties in Gloucestershire for more information please contact James Pugh