Property auction attracts £7m
PROCEEDS of more than £7m were generated at the recent Eddisons Property Auction.
In total, 88 (75 per cent) of the 118 lots which came under the hammer at the two day sale in Leeds and Manchester sold.
Tony Webber of Eddisons says: “Cash buyers looking for value for money reacted positively to the realistic guide prices. Many lots attracted competitive bidding which contributed to a strong all round performance.”
Residential stock performed well, including a vacant six bedroom, four storey terrace house on Dragon Road in Harrogate, which sold for £200,000. A vacant three bedroom detached stone built lodge house on Ashlands Road in Ilkley sold for £175,000.