Welcome to Pearsons Property Auctions. We sell property and land throughout our branch network area and the Isle of Wight.

In constant demand are investments with a good return, land with or without potential for development/planning permission, strategic land, paddocks and woodland, unusual houses, garages, commercial freeholds, long leasehold properties, property held on defective leases, flats including retirement apartments and bungalows. Any property where there is room to improve, from a basic redecoration to major building and structural work, is extremely popular and the prospect to enhance the value makes these possibilities reach excellent prices.

Our regular property sales are held in the Ageas Suite, Ageas Bowl County Cricket Ground, West End, SO30 3XH.

Here there are excellent facilities and with the auctions starting at 11am in the mid-week they are always well attended.

VIEW AGEAS BOWL ON GOOGLE MAP

The clear advantages of selling by auction.

  • The buyer will need to out-bid all others to be successful
  • Contracts will exchange on the auction day therefore avoiding the usual risk of a sale agreed falling through, wasting time, causing stress and causing extra costs
  • This method avoids the need to rely on opinion of value as there is no asking price and the buyers will in effect price the property themselves
  • It also means that the seller does not have to decide who to sell to as the highest bid will succeed, ensuring the best price is achieved on the day
  • This way of marketing will attract buyers from a much wider geographical area than offering locally and the more buyers there are the higher the price is likely to be

The sale of property by public auction has become increasingly popular where the seller wishes to control both the pricing and the timing of the sale. This method attracts potential buyers from a wider geographical area than the more usual private treaty method with many keen buyers searching out auctions to find their ideal purchase.

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How it works

Properties and land being offered through the Pearsons Auction will all be subject to a confidential “Reserve Price”. This is the figure agreed below which you do not wish to sell, a safety net price to avoid any chance of selling for too little. The auctioneer will then set a Price Guide for advertising at an attractive level to ensure a good amount of interest is generated.

We will then liaise with your solicitor to arrange the necessary Legal Pack which will include proof of the title, a local search and anything else considered essential for a buyer to decide to buy. Potential buyers will then be shown the lot and we will discuss and review the results with you throughout the marketing period.

On the day, all those interested will be asked to attend the auction and bid in competition with each other. On the fall of the gavel a legally binding contract is formed and the buyer is committed to complete the purchase on a predetermined date, usually four weeks after the sale.

VIEW COMMON AUCTION CONDITIONS OF SALE

Upcoming auctions

16th March, 2022

6th April, 2022

25th May, 2022

Read our blog by auctioneer Steve Sprake

Upcoming properties for our 16th March, 2022 auction

Our guide to buying and selling at auction

MEET THE TEAM

Steve Sprake

Auctioneer
023 8047 4274

Jo Sharp

Auction Assistant
023 8047 4274

Gary Juryeff

Auction Manager
023 8047 4274

Pearsons Auctions, West End

Based in West End, just to the East of Southampton and close to the M27, the Auction Department offers a comprehensive auction service from initial appraisal and valuation of property and land, to running one of the most successful regular South Coast public property auctions. We are backed by local expertise from our network of branches and partner agents.

Auctions: 023 80 474 274
auctions@pearsons.com

62 High Street, West End, Hampshire SO30 3DT

Dear Darren. Thank you for your swift response. I look forward to hearing from you. I must say it is nice to deal with an agent who does what he says he will; you have been very helpful as have Pearsons as a company.
Ms B E

WHY CHOOSE PEARSONS?

Buying without being there (proxy/telephone bidding)

If you cannot attend the auction, or do not wish to, you can still bid on our lots by Proxy or Telephone. You will be required to arrange this in advance, download the form and terms and conditions.

VIEW PROXY/TELEPHONE TERMS & FORM

Money laundering regulations

The Anti-Money laundering regulations, 4th Directive came into effect on 26th June 2017 and as Property Auctions fall within a ‘relevant business’, it is therefore a requirement of Pearsons to follow certain procedures within this legislation.

VIEW MONEY LAUNDERING REGULATIONS

Thinking of selling at auction?

Please contact Steve Sprake or Gary Juryeff on 023 80 474 274 or fill in our contact form.

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