Jubilee June auction - Deep South Media

A former care home in Kent is among 121 lots listed by Clive Emson Auctioneers in the firm’s Jubilee June auction.

The 20-bedroom property at Barham, between Canterbury and Dover, is guided at £900-950,000 (lot 30).

James Emson, Managing Director, said: “The building, dating back to the 18^th Century and with period features, is one of the highlights of our Jubilee June auction.

“They include rental investment properties and, with the potential to breathe new life into obsolete spaces, former pubs, public toilets, primary schools and churches.

“Property continues to attract investors, who have to make their savings work harder due to the 40-year high inflation rate of 9% and the low interest rate of 1%.

“This was reflected in our May auction, which attracted 1,734 unique bids from 25 countries.”

James added: “According to data from the Nationwide building society, the average house price in 1952, when Her Majesty became Queen, was £1,891 – it is now £260,771, showing how bricks and mortar have grown in value over the decades and why property has an enduring appeal.” [Source: Nationwide Building Society]

June’s auction comprises 43 investment, 37 residential, 14 commercial, 12 development and 15 land lots.

A residential site with consent for seven houses at Chatham, Kent, on the site of the former Upper Bell Inn, has an estimate of £1.3m to £1.5m (lot 38).

In historic Old Portsmouth, Hampshire, a five-storey former restaurant and bar, with living accommodation, is guided at £1m to £1.1m (lot 120).

Receivers have instructed the sale of a former 36-acre rare breeds farm at West Coker, three miles from Yeovil in Somerset. Guide price: £400,000-plus (lot 4).

A two-bedroom fisherman’s loft close to the waterfront at Brixham, Devon, with a workshop and sea/harbour views, has a £240,000-plus estimate (lot 9).

Let at £67,080 per annum, a block of 13 flats at East Cowes, Isle of Wight, is guided at £750,000-plus (lot 11).