Britain’s largest independent regional land and property auctioneers is holding its biggest online auction to date in response to the pandemic lockdown.
Clive Emson has 64 lots, covering southern England, the West Midlands and South Wales, with the online sale on Wednesday, 6 May.
James Emson, Managing Director, said: “We’ve been successfully running online auctions in tandem with our popular regional venues for some years now – the online bidding technology is tried and tested and once again proved its effectiveness in our March auction.
“We recorded £14m of sales in March, a sales rate of 70%, and there is no doubt that bidders, who must register first, are becoming more familiar with making bids online during the live auction.”
He added: “Our May auction has a variety of stock, including houses, flats and commercial premises where the property particulars were prepared before the national lockdown. Some of the lots going under the virtual hammer don’t require viewings, such as development sites, ground rents and land.”
Vacant properties can be viewed virtually with walk- through videos and additional photos.
James added: “This is Clive Emson’s largest online auction since we were established 31 years ago and the business has always pushed hard on technology and innovation. This approach is serving the market well.
“The national lockdown has meant that land and property investors, and agents, are doing even more research online – there is wealth of data and information which can be readily accessed so that bidders can make relatively informed decisions without a physical inspection.”
The May sale covers Cambridgeshire, Cornwall, Essex, Glamorgan, Gloucestershire, Isle of Wight, Hampshire, Kent, London, Norfolk, Surrey, Sussex, Wiltshire and the West Midlands.
Highlights include a converted church house in the South Downs National Park, apparently built for the Duke of Norfolk in the 1880s. The Old Church at The Street, Houghton, near Arundel in East Sussex, is guided at £480,000 to £520,000 and has most recently been used as an antiques retail space.
Other lots include a 0.1-acre parcel of land on the edge of a residential area in Cambridge, close to a science park campus (£1,000-plus) and 118 acres of moorland near Liskeard in Cornwall (£35-40,000).
A four-bedroom detached property at Colchester in Essex is guided at £200,000-plus, a 0.77-acre plot of land close to houses in Barry, South Glamorgan ( £75-80,000) and a 0.26-acre site near Cheltenham, Gloucestershire, with views across open countryside (£25-50,000).
Also for sale is a mixed commercial and residential property at Totland Bay on the Isle of Wight (£450,000-plus), a part-renovated, semi-detached house near Petersfield, Hampshire, with views to the rear over Harting Down on the South Downs Way (£300,000-plus) and a six-bedroom house and former coach house near Cranbrook in Kent (£500-510,000).
A yard with a garage/store between two houses in Plumstead, London, has an estimate of £150-155,000 and a three-storey terraced residential property in Sheringham, Norfolk, half a mile from the coast, is guided at £220,000-plus.
Just over half an acre of land at Godalming, Surrey, is guided at £30,000-plus, a timber bungalow in east Wiltshire, on the western edge of the New Forest (£140-160,000) and a plot of land in a residential area of Sutton Coldfield in the West Midlands (£15-20,000).
Note to reporters
Clive Emson Auctioneers holds a regional auction at five locations, eight times a year – effectively one every six weeks.
Britain’s largest independent regional land and property auction house, the firm generated sales worth £14 million at the second auction of the year with a sales rate of 70%.
This was despite the impact of coronavirus which meant sales had to be broadcast live and then held solely online.
The third Clive Emson auction of 2020 is taking place solely online due to Covid-19 precautions on Wednesday May 6, 2020, with 64 lots.
Visit Clive Emson’s website for more details.