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.
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 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.
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
MEET THE TEAM
023 8047 4274
023 8047 4274
023 8047 4274
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
62 High Street, West End, Hampshire SO30 3DT
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
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