Busy auction brings 2011 to close
EDDISONS report that 106 (72 per cent) of the 147 lots offered at their recent two-day property auction in Leeds and Manchester sold, generating proceeds of over £8.2m.
Tony Webber of Eddisons says: “This was a very strong performance to end the year in which our eight two-day auctions have generated total proceeds of just under £67m.
“Despite the financial gloom and doom buyers were out in force and showed a willingness to spend on a range of stock which they perceived as offering good value for money or which gave a healthy return on investment.”
Among the highlights was a Grade II listed 18th century house in Calverley near Leeds which sold for £158,000.