Our May Property Auction highlighted the continued appeal of auction for both buyers and sellers, offering a fast, transparent, and secure way to buy and sell property.
Whether you’re searching for your next home, an investment opportunity, or a property with renovation potential, auction gives buyers the chance to explore a wide range of opportunities, including properties that may not always be available through the traditional open market.
For sellers, auction can create strong competition between committed buyers, helping to drive interest and achieve the best possible result within a fixed timeframe. With a clear sales process and exchange taking place when the hammer falls, sellers benefit from greater certainty and a reduced risk of fall-throughs.
For buyers, one of the biggest advantages is transparency. Everyone bids on the same terms, creating a fair and open process from start to finish. With information available upfront and fixed timescales in place, buyers can make informed decisions and bid with confidence.
Our experienced auction team is on hand throughout the process, helping both buyers and sellers understand how auction works and guiding them through each stage.
Our next auction takes place on 10th–11th June.
If you’re looking to buy or sell property this summer, get in touch – we’d be delighted to help you take your next step.
Our May online property auction delivered another strong result, with a varied selection of residential, commercial, and development opportunities attracting strong interest from buyers.
From home movers and investors to developers and sellers looking for a secure route to sale, auction continues to offer clear advantages on both sides. Buyers benefit from transparency, upfront information, and fixed timescales, while sellers benefit from competitive bidding, committed buyers, and the certainty of exchange when the hammer falls.
In total, 33 lots sold, thereby generating over £4.5 million in sales.
For buyers, auction provides a clear and efficient route to securing property. For sellers, it offers speed, certainty, and the opportunity to achieve strong results through competitive bidding.
These results show why more people are choosing auction as an efficient, transparent, and confident way to buy and sell property.
The family had inherited Rosslyn Road from their late father and decided the time was right to bring the property to auction.
Although the property required modernisation and improvement works throughout, auction was identified as a strong route to market – offering a clear, structured process and the opportunity to generate competitive buyer interest.
The property was offered with vacant possession and entered into auction with a reserve price of £124,000.
Demand on the day exceeded expectations, with strong bidding from interested buyers driving the final sale price to an outstanding £175,000 – achieving £51,000 above the reserve price.
For buyers, the property represented a clear opportunity to secure a vacant 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 vacant possession, particularly where buyers can clearly see the potential and bid with confidence.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The family achieved an excellent result that exceeded expectations, 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 owners of Winterdyne Street had previously let the property, but with the home recently becoming vacant, they no longer wished to continue managing the letting side of the investment.
After reviewing their options, auction was identified as the most suitable route – offering a faster, more secure sale while also creating a competitive environment for buyers looking for a well-located opportunity with vacant possession.
The property was entered into auction with a reserve price of £109,000, attracting strong interest from both buyers and investors.
This interest translated into competitive bidding on the day, with the final sale price reaching an impressive £166,000 – significantly exceeding both the guide price and reserve.
For buyers, the property represented a clear opportunity to secure a vacant home with investment potential through a transparent bidding process. With all parties bidding on the same terms, the auction created a fair and decisive route to purchase.
The result also demonstrated the strength of auction in generating competition, with the final price surpassing what the sellers were likely to have achieved on the open market.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The sellers achieved a fast, secure sale that far exceeded expectations, while the successful buyer was able to secure the property through a straightforward and transparent process – once again highlighting the benefits of auction for both parties.
The vendor of St. Kildas Avenue had inherited the property following the sad passing of his sister and was looking for a clear and reliable route to sale.
With probate-related sales, certainty and structure can be especially important, and auction was identified as a suitable option – offering fixed timescales, transparent bidding, and a secure sale once the hammer falls.
The property was brought to auction with a guide price of £135,000, attracting strong buyer interest ahead of the sale.
Competitive bidding helped drive the final sale price to £163,000, exceeding the guide price and meeting the vendor’s expectations. When first discussing the sale, the vendor had hoped to achieve around £160,000, so the result delivered exactly the kind of outcome he was looking for.
For buyers, the property represented an opportunity to secure a home with potential through a fair and transparent auction process, with all bidders able to compete on the same terms.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The vendor achieved a secure sale at a price that met his expectations, while the successful buyer was able to confidently secure the property through a straightforward and structured process – demonstrating the value auction can provide for both parties.
The vendor of Kendall Road was looking for a secure route to sale, with the property presenting a more complex situation due to the presence of Japanese knotweed.
While this can sometimes create uncertainty for buyers on the open market, auction was identified as a suitable route – allowing interested parties to review the information upfront, understand the opportunity, and bid with confidence in a transparent environment.
Despite the knotweed, the property generated strong buyer interest and was entered into auction with a clear reserve in place.
Competitive bidding on the day helped drive the final sale price beyond the vendor’s reserve, delivering a strong result despite the challenges associated with the property.
For buyers, Kendall Road represented an opportunity to secure a property with known considerations already disclosed, giving them the chance to make an informed decision before bidding.
Contracts were exchanged immediately on the fall of the hammer, giving both buyer and seller certainty, with completion set within a fixed timeframe.
The vendor achieved a successful sale above reserve, while the buyer was able to secure the property through a clear and structured process – demonstrating how auction can deliver results even where a property has more complex factors to consider.
The family of Fir Road decided to bring the property to auction after their mum moved into a care home, leaving the children responsible for managing the sale.
With the family looking for a clear and reliable route forward, auction was identified as a strong option – offering structure, speed, and certainty, while helping to generate competitive interest from serious buyers.
The property was entered into auction with a reserve price in place and attracted strong buyer attention ahead of the sale.
On the day, competitive bidding helped drive the final sale price above the reserve, delivering a result that exceeded the family’s expectations.
For buyers, Fir Road represented a desirable opportunity in a sought-after Stockport location, with the auction process giving them a transparent and decisive way to secure the property.
The family achieved a successful sale above expectations, while the successful buyer was able to secure the property through a straightforward and structured process – once again demonstrating the benefits of auction for both parties.
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 10th-11th June, 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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