Thursday, 18 June 2015

Auction Result - £135,000 for Two Bed Cottage in Houghton Conquest



On 4th June I posted about the property above going for auction, so I went along yesterday to see how much interest there was and what it sold for. There were quite a few in the auction room, around 100 people i'd guess, going after 10 Lots. One was withdrawn prior due to a planning issue, and another didn't meet the reserve, but all others sold. The room nearly emptied after Lot 9 sold - a plot of land in Stanbridge, guided at £30k. This eventually sold for £131k! 

The cottage in Houghton Conquest was the last lot of the day, and hardly anyone was left in the room. Bidding started around the guide of £120k and slowly increased in £1k bids between two people, then £500 bids to reach £131,500 - then a new bidder behind me came straight in at £135,000 and got it! Good work.

Considering another two bed house in the same village is showing as sold on Rightmove for £174,995, this seems like a very nice little investment!


1 comment:

  1. Full results now published:

    1 Land at Abbey Lane, Ampthill, Bedford, Bedfordshire, MK45 2FX Sold for £208,000.
    2 15 Kempston Road, Bedford, Bedfordshire, MK42 9DX Sold for £210,000.
    3 Lavendon Road, Olney, Buckinghamshire, MK46 4HH Sold for £84,000.
    4 46, 46A, 46B High Street, New Bradwell, Milton Keynes, Buckinghamshire, MK13 0BT Sold for £241,000.
    5 6 Bedford Road, Moggerhanger, Bedford, Bedfordshire, MK44 3RR Withdrawn Prior to Auction.
    6 Land adjacent to Stanborough Farm, Great North Road, Welwyn Garden City, Hertfordshire, AL8 7TE Unsold, the last bid was £170,000. Please refer to Auctioneer for Reserve.
    7 Land adj Watersmeet, High Street, Dadford, Buckingham, Buckinghamshire, MK18 5JX Sold for £32,000.
    8 94 Jersey Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 5BH Sold for £170,000.
    9 Land at Cleavers Cottage, 87 Leighton Road, Stanbridge, Leighton Buzzard, Bedfordshire, LU7 9HW Sold for £131,000.
    10 57 Bedford Road, Houghton Conquest, Bedford, Bedfordshire, MK45 3NA Sold for £135,000.

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