Sign in to follow this  
Followers 0
tommyboy

Auction - Goldings - 16 Lots

31 posts in this topic

Live Auction

| Goldings LiveLink | Goldings Order of Sale | Lot 1 Details with Next to Lot 2 etc |

Today's auction from Goldings has 16 lots going under the hammer.

If you have local knowledge about any of the lots please post onto the thread - It's the local information that gives us the stories behind the figures.

Today's Live Auctionfrom: Goldings Auction 19/11/2008 All LiveLink information and live data feeds are provided by EI Group

View summary of this auction

Share this post


Link to post
Share on other sites

Lot 1 ( Guide Price: 100-110 )

Vendor: Goldings

Address: 47 Stallards Crescent, Kirby Cross, Frinton-on-Sea, Essex, CO13

The description from the Goldings website is: Freehold Detached Bungalow 4 Room(s) Garden Garage/s Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £137,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 2 ( Guide Price: 120-130 )

Vendor: Goldings

Address: Cherry Tree Cottage, Church Street, Witham, Essex, CM8

The description from the Goldings website is: Freehold Detached House Two Floor 5 Room(s) Garden Parking Space Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £150,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
Lot 1 ( Guide Price: 100-110 )

Vendor: Goldings

Address: 47 Stallards Crescent, Kirby Cross, Frinton-on-Sea, Essex, CO13

The description from the Goldings website is: Freehold Detached Bungalow 4 Room(s) Garden Garage/s Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £137,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

One nice 4 bed bungalow in Frinton gone for £137,000. Colcheter house (lot 3) struggling to get to £125K.

Not quite a bargain, but it's a sign that the owners are not setting silly reserves. Let's hope that lasts.

Share this post


Link to post
Share on other sites

Lot 3 ( Guide Price: 120-130 )

Vendor: Goldings

Address: 43 Smythies Avenue, Colchester, Essex, CO1

The description from the Goldings website is: Freehold Semi-Detached House Two Floor 5 Room(s) Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £126,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 4 ( Guide Price: 85-95 )

Vendor: Goldings

Address: 29 Queens Court, Kings Parade, Holland-on-Sea, Clacton-on-Sea, Essex, CO15

The description from the Goldings website is: Leasehold Top Floor Maisonette Assured Shorthold Tenancy © Goldings

Map: Click Here

Last Sold Price: £65,000 on 16/11/2001

Auction Result: Sold ( Highest Bid was: £93,000 )

Today's auction price results in a Profit of £28,000 ( 43.1% ) since purchase on 16/11/2001.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 5 ( Guide Price: 20-25 )

Vendor: Goldings

Address: 5 Tamarisk Way, Jaywick, Clacton-on-Sea, Essex, CO15

The description from the Goldings website is: Freehold Detached Bungalow Three Room(s) Garden One Parking Space Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: No Bids

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 4 had an AST at £7,500. Sold at 93,000. A yield of 8.1%. We're still not at value prices yet I'm afraid. Good to see Lot 5 attracted no bidders.

Share this post


Link to post
Share on other sites

Lot 6 ( Guide Price: 140-160 )

Vendor: Goldings

Address: Land R/O 100 Colchester Road, St. Osyth, Clacton-on-Sea, Essex, CO16

The description from the Goldings website is: Freehold Residential Development Site 0.4 Acre Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: No Bids

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 7 ( Guide Price: 10-15 )

Vendor: Goldings

Address: Land at Oak Hill/Acorn Rise, Hollesley, Woodbridge, Suffolk, IP12

The description from the Goldings website is: Freehold Amenity Land One Acre Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £10,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
Lot 7 ( Guide Price: 10-15 )

Vendor: Goldings

Address: Land at Oak Hill/Acorn Rise, Hollesley, Woodbridge, Suffolk, IP12

The description from the Goldings website is: Freehold Amenity Land One Acre Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £10,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Land in Woodbridge is doing well. Lot 9 should be interesting (Rendlesham rather than Woodbridge)

Share this post


Link to post
Share on other sites
Lot 4 had an AST at £7,500. Sold at 93,000. A yield of 8.1%. We're still not at value prices yet I'm afraid. Good to see Lot 5 attracted no bidders.

Strettons auction appeared to have investors buying with a similar yield possible. 8% seems too low to be considered a good investment especially on second hand houses maybe requiring work.

Share this post


Link to post
Share on other sites

Lot 8 ( Guide Price: 25-30 )

Vendor: Goldings

Address: Land off Bealings Road, Martlesham, Woodbridge, Suffolk, IP12

The description from the Goldings website is: Freehold Amenity Land Three Acre Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold Prior

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
Strettons auction appeared to have investors buying with a similar yield possible. 8% seems too low to be considered a good investment especially on second hand houses maybe requiring work.

And £7,500 is a high rent for a two bed maisonette in Clacton (I suspect).

I pay considerably less for a house in Ipswich.

The Rendlesham auction has just got a £350K bid! But then going up in twos. Must have sunk a bit before getting an opening bid.

Share this post


Link to post
Share on other sites

Lot 9 ( Guide Price: 400 Plus )

Vendor: Goldings

Address: Former Community Centre, Bentwaters Parks, Rendlesham, Woodbridge, Suffolk, IP12

The description from the Goldings website is: Freehold Former Community Building & Land 1.5 Acre Residential Development Potential Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Unsold ( Highest Bid was: £360,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
The Rendlesham auction has just got a £350K bid! But then going up in twos. Must have sunk a bit before getting an opening bid.

And Rendlesham did not sell at £360K. First reserve not met.

Share this post


Link to post
Share on other sites

Lot 10 ( Guide Price: 380-400 )

Vendor: Goldings

Address: Evergreen, Gosbeck Road, Crowfield, Ipswich, Suffolk, IP6

The description from the Goldings website is: Freehold Bungalow & Land Development Potential 4 House Vacant © Goldings

Map: Click Here

Last Sold Price: £325,000 on 26/01/2007

Auction Result: No Bids

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Could have some interesting development land not selling. All the next few seem to have planning permission of some sort. Ipswich (10) didn't get any bids. Now for Clacton (11).

Share this post


Link to post
Share on other sites

Lot 11 ( Guide Price: 150-200 )

Vendor: Goldings

Address: The Warehouse, Estuary Crescent, Clacton-on-Sea, Essex, CO15

The description from the Goldings website is: Freehold Warehouse 7500 Square Feet Outline Planning Permission 6 Semi-Detached House Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Unsold ( Highest Bid was: £132,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites

Lot 12 ( Guide Price: 180-200 )

Vendor: Goldings

Address: Land off Orchard Close, Eye, Suffolk, IP23

The description from the Goldings website is: Freehold Residential Development Site Planning Permission Three Detached House Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: No Bids

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
None of the residential developments seems to have sold. Just a couple of acres of amenity land.

Lot 12 unsold. Now Lot 13 is another "potential development" but this time with a house on land. Will we have a developer no show. It's struggling to get an opening bid.

Share this post


Link to post
Share on other sites

Lot 13 ( Guide Price: 325-350 )

Vendor: Goldings

Address: Wellwick House, Colchester Road, St. Osyth, Clacton-on-Sea, Essex, CO16

The description from the Goldings website is: Freehold Detached House 10 Room(s) Out Building 0.3 Acre Development Potential Vacant © Goldings

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: No Bids

Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

View this auction Live

View summary of this lot

Share this post


Link to post
Share on other sites
Lot 12 unsold. Now Lot 13 is another "potential development" but this time with a house on land. Will we have a developer no show. It's struggling to get an opening bid.

Only 3 more "proper" houses to go now. All the development potential land either didn't sell or didn't even attract bids.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0

  • Recently Browsing   0 members

    No registered users viewing this page.