Our June Property Auction delivered another fantastic set of results, showing once again why auction continues to be such a powerful route for both buyers and sellers.
With a wide range of homes, investment opportunities, renovation projects, commercial premises, and development prospects going under the virtual hammer, the auction attracted strong interest from motivated buyers looking to secure their next opportunity with confidence.
For sellers, auction offered the speed, certainty, and competitive environment that can make all the difference. With committed buyers bidding transparently and exchange taking place when the hammer falls, sellers benefited from a clear process, fixed timescales, and a reduced risk of sales falling through.
For buyers, the appeal was just as strong. Auction provides a fair and open way to purchase property, with key information available upfront and everyone bidding on the same terms. Whether looking for a new home, a buy-to-let investment, or a project with potential, buyers were able to act decisively and bid with confidence.
The results speak for themselves.
Our June online property auction saw 49 lots sold, generating over £5.7 million in sales, and a 60% conversion rate, delivering successful outcomes for sellers across a varied mix of property types.
These success stories highlight exactly why more people are choosing auction as a fast, transparent, and secure way to buy and sell property.
Whether you’re a homeowner looking for a reliable route to sale, an investor searching for your next opportunity, or a buyer keen to explore properties with potential, our experienced auction team is here to guide you every step of the way.
Thinking of buying or selling this summer?
Get in touch with Edward Mellor today and find out how our next property auction on 1st-2nd July could help you make your move. Registration to bid is now open.
Our vendor had lived at 134 Henrietta Street for most of her life, but had reached a point where the amount of work the property required had become overwhelming.
Looking for a fresh start, she knew it was time to move on, but with little to no experience of selling a property, she was unsure where to begin.
With the property continuing to deteriorate and the vendor keen to achieve a quick sale, auction was identified as a strong route to market – offering a clear, structured process and the opportunity to generate competitive buyer interest within a short timeframe.
The property entered auction with an initial guide price of £50,000, designed to attract strong interest and encourage competitive bidding from committed buyers.
Demand on the day exceeded all expectations, with an incredible 59 registered bidders – one of the highest numbers we have ever seen for a single lot.
Strong competition from interested buyers drove the final sale price to an outstanding £219,000 – achieving £169,000 above the initial guide price.
For buyers, the property represented a clear opportunity to secure a home with scope to add value. The auction process gave them access to a property with renovation potential in a transparent and competitive environment.
The result highlights the strength of presenting a property with clear potential to the auction market, particularly where buyers can see the opportunity and are motivated to bid with confidence.
At the time of the sale, the vendor was living in temporary accommodation and hoping to secure her next home as soon as possible.
Thanks to the outstanding result achieved at auction, she can now begin that search with far more options than she ever expected.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The outcome was life-changing for the vendor, who was absolutely delighted with the result, while the successful buyer secured a property with genuine potential through a straightforward and decisive auction process – demonstrating the benefits of auction for both parties.
The sellers had been trying to sell 45 Hardcastle Road on the open market for eight months before their buyer pulled out following the survey.
Having already experienced the disappointment and uncertainty of a sale falling through, they came to auction looking for a quicker, more secure route to sale and wanted to avoid the risk of another fall-through.
Their original agreed sale price had been £238,000, and naturally the sellers wanted to achieve as close to this figure as possible.
After plenty of discussion, auction was identified as a strong route to market – offering a clear, structured process and the opportunity to generate competitive buyer interest within a fixed timeframe.
The sellers trusted our auction strategy and agreed to set the reserve at £195,000, which we advised would generate the best level of interest and competition in the room.
The property entered auction with a reserve price of £195,000.
Demand on the day was strong, with competitive bidding from interested buyers driving the final sale price to £232,000 – just £6,000 below their previous agreed sale.
For buyers, the property represented a clear opportunity to secure a home through a transparent and competitive auction process. With fixed timescales in place and information available upfront, buyers were able to bid with confidence.
The result highlights the importance of trusting the auction process and setting the right pricing strategy, particularly where sellers are looking to achieve a strong result while avoiding the uncertainty of the traditional open market.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion due within 28 days.
The sellers achieved a secure sale that came very close to their previous offer, while the successful buyer secured the property through a straightforward and decisive auction process – demonstrating the benefits of auction for both parties.
The family had inherited Minavon in Northwich from a deceased family member and were looking for a quick and secure route to sale during what was already a very stressful time.
The property had previously been marketed on the high street but remained unsold, leaving the family stuck and unsure of the best way forward.
Auction was identified as a strong route to market – offering a clear, structured process and the opportunity to achieve a secure sale within a fixed timeframe.
For the sellers, speed and certainty were particularly important. Having already experienced delays through the traditional open market, they needed a route that could provide confidence and a clear outcome.
The property was brought to auction, where the process helped create focused buyer interest and a decisive route to sale.
Following the auction, contracts were exchanged, giving the sellers the certainty they needed, with completion taking place within 28 days.
For buyers, the property represented a clear opportunity to secure a home through a transparent auction process, with fixed timescales and a straightforward route to completion.
The result highlights how auction can provide an effective alternative when a property has struggled to sell through traditional methods, particularly where sellers need speed, certainty, and support during a difficult time.
The family achieved a quick and secure transaction, helping them move forward without the continued uncertainty of the open market, while the successful buyer secured the property through a clear and decisive auction process – demonstrating the benefits of auction for both parties.
The vendors had spent several months trying to sell 14 Edgefield Avenue on the open market with two different estate agents, but had reached a dead end.
Following a recommendation from a friend, they contacted our auction team to explore an alternative route to sale.
After discussing their circumstances, we understood that they required a quick and secure sale and had a specific figure they needed to achieve to meet their financial commitments.
Auction was identified as a strong route to market – offering a clear, structured process and the opportunity to generate competitive buyer interest within a fixed timeframe.
We then put together a tailored marketing strategy designed to maximise exposure and attract the right buyers.
Although the property was marketed at a slightly higher level than our typical auction pricing strategy, we were confident that, with the right marketing campaign, we could generate strong interest ahead of the auction.
The property was launched with a starting bid of £180,000 and entered into auction with a reserve price of £205,000.
Prior to the auction, we received five offers, demonstrating strong buyer demand and giving the vendors confidence ahead of auction day.
On the day, the property successfully sold for its reserve price of £205,000.
For buyers, the property represented a clear opportunity to secure a home through a transparent and decisive auction process. The auction route gave them access to a property that had previously struggled to sell through traditional methods, with clear terms and fixed timescales in place.
The result highlights how auction can provide an effective alternative route to sale, particularly where sellers require speed, certainty, and a defined outcome.
Contracts were exchanged immediately on the fall of the hammer, with a non-refundable 10% deposit paid, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The vendors achieved the figure they needed through a quick and secure sale, while the successful buyer secured the property through a straightforward auction process – demonstrating the benefits of auction where traditional methods of sale have struggled.
If you’re considering buying or selling at auction – or simply want to understand how the process works – our experienced auction team is here to help.
Edward Mellor is a leading national property auction house and the only local organisation to specialise in auction, estate agency, and financial services under one roof.
Our next online property auction will take place on 1st-2nd July and registration to bid is now open.
If you’re thinking of selling, why not arrange a free, no-obligation property appraisal with one of our specialists?
Whatever the property type, our expertise in auction sales means we can help you achieve a competitive price within a fixed 28-day completion timescale. Get in touch today to find out how we can help.
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