A Wirral house submitted for auction was sold prior to the event after Smith and Sons arranged viewings which led to an immediate sale. Tony McDonough reports
A £250,000 home in Wirral entered for auction was sold in a record seven days.
Owners of the three-bedroom house in Leighton Road in Meols entered the property for the Smith and Sons auction, due to take place on May 5, with a guide price of £250,000. However, within two days the firm was already arranging viewings and just a week later, a price was agreed.
Chris Johnson, auctioneer at Smith and Sons, said: “This property came to us very late on in terms of our auction entry dates, however, having inspected the property and agreed a price, we began marketing it later that day.
“The speed at which this deal has been finalised is pretty unusual but is indicative of two things – firstly, the simplicity and transparency of the auction and sale process, and secondly, the wider levels of activity within the property market at this time.
“Our next auction takes place on the 5th May when we will be selling a number of fantastic properties with strong returns on investments and marketed at realistic price points.”
The home in Meols required a programme of modernisation and upgrade with the possibility to extend. Set in good sized gardens in a quiet neighbourhood, the property is ideal for owner occupation or onward sale, with high demand for homes in the area.