blundells Property Auctions held its second property auction of the year this week. However, the auction was the first of 2017 with the auction house’s new branding.
Lucy Crapper, Associate Director and Auctioneer, said: 'I’m delighted to finally present our new branding for auctions in the Yorkshire region. We felt it was time to refresh our image and work alongside the well-known and hugely successful Blundells brand.
'The re-brand is already showing a fantastic early start and we have seen enquiries double for clients looking to sell or to buy and we already have many once in a lifetime lots confirmed for the June auction so watch this space, Blundells auctions are back!’
The May auction got off to a good start when lot 2, a two-bedroom maisonette, Sheffield, received plenty of spirted bidding. The property had a guide price of £30,000 - £40,000 and eventually sold for above the top of the guide at £47,000.
Lucy added: ‘Our May auction saw another great turnout with standing room only, there was plenty of competitive bidding in the room and on the phones and we achieved some great prices.’
'We sold 82% of the catalogue and raised above £1.7million and still rising with post auction sales.'
There was fierce bidding throughout the auction, with auction buyers going head-to-head: Auction highlights include:
Lot 3 - A small piece of land located on High Street, Dunsville, Doncaster. The land stretches to 0.03 acres and eventually sold for more than 100% of its guide price.
Lot 17 - A three-bedroom semi-detached house with potential in Handsworth, Sheffield, caught the attention of many bidders. The hammer fell and we sold for £110,000.
Lot 19 - This two-bedroom terrace needing full renovation in Chesterfield, Derbyshire, sold for £106,000.
Prior to the auction the Blundells team presented latest investor and landlord market updates for bidders.
Lucy said: 'The presentation was really well received and we intend to roll this out for the rest of the year, what better place to acquire all this property knowledge in one space!'
Blundells next auction will be held on Wednesday, 28th June at the DoubleTree by Hilton, Sheffield Park, Chesterfield Road South, Sheffield. Instructions are now being invited and the catalogue closes on the 31st May.
For more information, visit www.blundellspropertyauctions.co.uk or call 0114 254 1185.