Property goes £33,000 over guide
HUNTERS the Estate Agent is celebrating auction success, after a water-damaged property with a reserve / guide price of £10,000 sold for £43,000.
The property on Industrial Street, Todmorden, had suffered from flood damage and the uninsured vendors agreed to accept a cash offer from an investment company of £10,000. The investment company then instructed Hunters to dispose it, setting a guide price of £10,000.
John Waterhouse, director of Hunters auction house, said: “We are thrilled with our success with Industrial Street.” The next auction is on July 24 at York Racecourse.