East Midlands July Auction Raises over £3M with 83% Success Rate

Posted on 10th August 2017 by Jordan Holmes

July has been another successful month for IAM Sold with all auctions achieving high success rates.

 
Our East Midlands Property Auction at The Bentley Hotel, Lincoln on Wednesday 12th July raised an impressive £3,044,950 selling 24 of the 29 lots available resulting in a fantastic 83% success rate.

 

Among the properties sold at auction were:

 

23 Roman Wharf, Lincoln A spacious two bedroom property in a fantastic location, ideal for first time buyers, sold for £15,000 above its starting price of £130,000.

 

Nutbush, Oasby – This spacious bungalow, in need of refurbishment, located in the much sought after village of Oatsby offering an ideal opportunity for investors sold for £190,000, £10,000 above its starting price.

 

3 Talbot Close, Navenby – Selling for £79,000, £4,000 over its £75,000 starting price is this modern 1 bedroom mid terraced bungalow with beautiful gardens in a highly desirable location.

 

To view the complete set of results from the auction please follow the link > EMPA Results 12th July 2017

 

Our next East Midlands Property Auction will be held on Wednesday 13th September at The Bentley Hotel, Lincoln. If you have any questions or would like to enter your property for auction please contact our team on 01522 775259 or email enquiries@iam-sold.co.uk.

jordanholmes

Jordan Holmes

Marketing Executive

My name is Jordan Holmes and I am the Marketing Executive at Intelligent Services Group. I have a BA (Hons) in Marketing and Advertising Management which I obtained from Leeds Metropolitan University. I have a keen interest in rugby union, golf, football, weight training and scuba diving. I also have a passion for music and travel. Read more posts from Jordan
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IAM Sold Ltd is rated 4.63 stars by Reviews.co.uk based on 328 merchant reviews

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328 Reviews
I sold my property through the modern method of auction and, in hindsight, I'm not sure it was the right method of sale for me. Listing a property at a value significantly below what you believe it is worth seems somewhat counter intuitive and I'm not sure I fully embraced the process. While I remain unconvinced by the modern method of auction, this should not be seen as a reflection on Iamsold - the person assigned to sell the property on my behalf worked extremely hard to extract the maximum revenue from the sale and I couldn't have asked for more.
They sold my house within a month
Friendly, informative, did what they said they would do, kept in regular contact and mist importantly, sold the house.