The property was placed on the market with a guide price of £830,000. By the time the online Network E auction finished, a price of £1,035,000 had been achieved.
Richard Killoughery of Christies Network Auctions said: “The property was being handled by Executors and they were recommended to use Network E as the method of sale as it was felt it combined the best aspects of a private treaty sale with the transparency, certainty and speed of an auction.
Three open house viewing sessions were held and sixty interested parties were shown around.
Bidding was fierce with a total of 64 bids culminating in an excellent price of £1,035,000 being achieved.
Crucially a non-refundable deposit was immediately paid and exchange set for twenty-eight days.Selling and buying can be a stressful time but the speed and transparency of the Network E process works superbly for seller and buyer alike”
Network E is a unique service provided by NAVA auction house of the year Network Auctions and is exclusively available in the local area via Christies Network Auctions. Unlike traditional auctions, the process is suitable for sellers and buyers who would normally look to sell and buy via traditional methods.
To find out more, Richard Killoughery at Christies Network Auctions can be contacted via their website at www.christiesworld.com/auctions
