Lots to cel­e­brate at prop­erty auc­tion

Yorkshire Post - Property - - PROPERTY -

AUC­TION house Man­ning Stain­ton en­joyed its best ever per­for­mance with a 90 per cent sales suc­cess rate at its lat­est auc­tion.

De­mand for prop­er­ties from buy-to-let in­vestors was strong with ev­ery prop­erty in that cat­e­gory sell­ing and many for con­sid­er­ably more than the guide price.

Ren­o­va­tion projects were also in de­mand, with a struc­turally dam­aged prop­erty in Leeds sell­ing at £91,500 from a guide of £15,000 to £25,000.

Auc­tion house di­rec­tor David Pank said: “The im­prov­ing mar­ket could be felt in the at­mos­phere of the room with some lots hav­ing up to ten buy­ers com­pet­ing to win them.”

The next auc­tion is at El­land Road Sta­dium, Leeds, on De­cem­ber 4.

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