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Property and land snapped up at auction

Property and land snapped up at auction

March 2017

A packed Batch Country House at Lympsham was the scene for Greenslade Taylor Hunt’s latest successful property and land auction.

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Southey Barton

Strong interest in properties and land

November 2016

Greenslade Taylor Hunt are delighted to report an extremely successful property auction held at The Castle Hotel, Taunton, on Friday 28, October 2016.

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Tiny paddock sells for £64,000

Tiny paddock sells for record price

October 2015

A MASSIVE £64,000 was achieved for a paddock measuring a mere 0.54 acres by the Langport office of Greenslade Taylor Hunt.

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Land at North Petherton went for £220,000

Busy day for property at auction

May 2015

ONCE again the reliability of selling at auction and the opportunity to achieve prices well in excess of the guide proved a winning formula for property specialists Greenslade Taylor Hunt.

The firm’s recent sale at The Castle Hotel, Taunton, attracted a good crowd of eager buyers with deep pockets.

Top lot was a parcel of land of around 3.81 acres at Stafflands Lane, North Petherton. This smashed its guide price of £80,000. The hammer finally came down at £220,000.

Would-be buyers were attracted by its excellent location and planning prospects. It is adjacent to residential developments on two sides.

Martyn Venner, Associate with Greenslade Taylor Hunt, said: “The auction room was very busy. There was a lot of competition for the land lots.”

Another good seller was a parcel of pastureland at Chilton Trinity that also had excellent development potential.

Extending to around 5.83 acres the mainly level land had good road access and mains water. It had development and agricultural appeal. It sold for £155,000 from a pre-sale guide of £70,000.

A renovation project at Rodway, Cannington, found a buyer after the auction. This semi-detached property was in need of a complete overhaul, but had the potential to be transformed into a fabulous home with good-sized gardens. It sold for £150,000.


The firm’s next property auctions take place on Tuesday, May 5, at Mendip Spring Golf Club, Honeyhall Lane, Congresbury, Bristol. Others are scheduled for Friday, May 12, at Langport Arms Hotel, Langport, and Saturday, May 13 at The Shrubbery Hotel, Station Road, Ilminster. See the website www.gth.net for full details.

 

Holcombe Farmhouse

Roaring trade at inaugural auction

July 2014

There was standing room only as 100 people packed into the Swan Hotel, Wells, to see four lots go under the hammer at Greenslade Taylor Hunt’s first collective sale in the town.

Star lot was Holcombe Farmhouse set in an idyllic location at Doulting, Shepton Mallet, sat in just over two acres. Four eager bidders pushed the bidding way past the guide, eventually being knocked down at £452,000.

Orchard House at Westfield Lane, Draycott,  also had similar competition selling at £280,000 – comfortably above the guide price. This property, in need of complete renovation, had come to the market for the first time in more than 60 years.

Land at Godney Road, Glastonbury, with planning permission for a commercial building sold immediately after the auction. 

This was the eighth collective sale run by the well-regarded auctioneers this year and shows once again the appeal for buyers and vendors of the sale room.

Jeremy Bell, Partner and auctioneer, said: “Disappointed buyers still looking for properties are keen to proceed – vendors with land and properties most often obtain premium prices selling by auction and also have the benefit of certainty of contract.”

Please contact Simon Havens, Partner at the Wells office, 74 High Street, for advice on marketing or phone him on (01749) 605605.

Charles Clark, Auctioneer

£14M of property sold at auction

February 2014

Leading auctioneers Greenslade Taylor Hunt sold more than £14M worth of  property at specialist sales last year.

The firm was founded on the art of auctioneering and has a proven track record in this type of sale conducting numerous property auctions throughout Somerset, Dorset and Devon each year.

The high profile sales attract local, regional and national clients who are keen to benefit from the firm’s professionalism and in-depth market knowledge.

Property auctions remain a popular – and successful mode of sale. Their convenience and speed appeal along with the evidence that a higher price can often be achieved in the heat of the auction room than by private treaty sales.

For example a detached cottage requiring renovation at Crickham, near Wedmore, went for £470,000 last year from a guide of £250,000-£300,000.

Pre-sale marketing helps to create a “buzz” around a property and the whole process can help maximize a sale prior to auction. A period village cottage requiring renovation in Kents Orchard, South Chard, was a prime example of this. It was guided at £80,000, but sold prior to auction for £110,000. Equally popular was a detached cottage at Ilminster. It was guided at £150,000, but was snapped up prior to auction for £195,000.

Meanwhile an equestrian unit with 16.57 acres including stabling and gallops at Wedmore bested its guide price of £150,000 and went for £180,000 at auction.

Land sales are an important part of the property auction business too. Last year 4.77 acres of pastureland at Buckland St Mary achieved £60,000 from a guide of  £25,000.

Similarly 9.48 acres of pastureland at Othery achieved £72,000 from a guide of £55,000.

A diverse range of properties from houses and Grade II listed buildings, to farms and smallholdings, are all offered by the firm, at regular property auctions.

The next auction takes place at The Castle Hotel, Taunton, on Tuesday, March 4, from 2.30pm where 10 lots are on offer. A property auction will also take place at The Shrubbery Hotel, Ilminster, on Tuesday, March 25 with nine lots. For up-to-date details on the auctions see www.gth.net

In the current market, selling by auction is an important and attractive method of sale.

If you are considering a sale by auction please contact: Justin Lowe MRICS (Yeovil office) tel: (01935) 415300 or email: justin.lowe@gth.net, Charles Clark M.A (Cantab) MRICS FAAV (Chard office)  tel: (01460) 238383 or email: charles.clark@gth.net or Jeremy Bell  FRICS, FAAV, IRRV, FARLA, FLAA (Burnham-on-Sea office) tel: (01278) 765588 or email: jeremy.bell@gth.net.

The firm also holds regular, successful livestock, agricultural machinery and antique auctions.

Packed Auction Sale Room

Auctioneers top £5m mark with two back to back property auctions in two days

October 2013

Jeremy Bell, FRICS, property auctioneer with Greenslade Taylor Hunt reports standing room only as 250 people packed the firm’s 15th collective land and property auction of the year at the Batch Country House at Lympsham, near Weston-super-Mare,  on Wednesday night. (October 9)

All seven lots were snapped up at the sale that comprised property from the north Somerset area from Bridgwater to Weston-super-Mare and out towards Wells.

Star attraction was a period cottage known as The Cedars, Crickham. Unlived in for a number of years the property required complete renovation. Its superb semi-rural location sat in two acres on the Isle of Wedmore attracted a total of eight separate parties vying for ownership. Eventually the gavel went down at  £470,000. The impressive price is perhaps not that surprising as 27 interested parties had requested legal packs prior to the auction.

Jeremy Bell said: “Confidence has returned to the residential market with the atmosphere resembling that of the 2006/2007 property market. Whereas since 2008 there has been a certain lack of ‘confidence’ being a self-fulfilling prophecy, however the tide appears now to have turned and equally that prophecy is true with now growing confidence. You get what you think and we are all now thinking better times are ahead.”

This was reflected at the Shrubbery Hotel, Ilminster, where the firm held another successful property auction the day before the Lympsham event where most of the lots exceeded their guide prices. The sale grossed £2,600,000. A substantial piece of commercial, arable and pasture land close to the A303 at South Barrow, Yeovil, went for £630,000 from a guide of £495,000 equating to £8,147 per acre.

The firm’s next collective sales are already booked on November 20, at Yatton Rugby Club and November 27 at Batch Country House. Both start at 7pm.

Among the lots on offer will be Horsecastle Farm which extends to 153.52 acres which will be offered in eight lots, also a farmhouse for modernisation sat in 3.6 acres and three residential town houses ripe for modernisation which would provide ideal buy-to-let investment opportunities.

Jeremy Bell can be contacted at the firm’s Burnham-on-Sea office on 01278 765588 or 07860 319379. Justin Lowe is at the firm’s Yeovil office and can be contacted on 01935 415300 and Charles Clark is at the Chard office on 01460 238383.

13-15 Penel Orlieu

Ripe for redevelopment

September 2013

A substantial building in the heart of a busy town centre is to be auctioned later this month (October) by property specialists Greenslade Taylor Hunt.

The three storey building at 13-15 Penel Orlieu, Bridgwater, is just off the busy High Street and is close to the centre of the night time economy with restaurants, licensed premises and a cinema nearby.

It could prove an ideal investment for a purchaser looking to create a variety of business enterprises including restaurant, licensed premises, nightclub or gym subject to the necessary consents.

Martyn Venner, Associate at Greenslade Taylor Hunt says “This auction lot offers an investor or a developer a good opportunity to acquire a mixed residential and commercial project at a sensible guide price.”

Last year the large terraced building was granted permission for A1 retail purposes, formerly operating as an Amusement Arcade under a Sui Generis use class.

The building provides plenty of floor space. The ground floor retail space is approx. 2,670 sq ft, with the first floor comprising 2,434 sq ft and the second floor 624 sq ft.

In the past, the separately accessed first and second floors have been used as residential accommodation, but require extensive modernisation.

The property is being offered for sale at auction at a guide of £125,000-£150,000.

The auction will take place, unless the property is sold prior to the sale, at the Castle Hotel, Taunton, on October 24.

For further details or to arrange a viewing contact Martyn Venner at Greenslade Taylor Hunt’s Bridgwater office on 01278 425555.

Ruishton Court

Diverse trio all exceeded guide price at auction

July 2013

Three very different property propositions all comfortably exceeded their guide prices at Greenslade Taylor Hunt’s auction at The Castle Hotel, Taunton.

A former nursing home, a versatile farmhouse and some pastureland all proved irresistible to bidders.

 A number of active would-be buyers in the room drove up the price for Ruishton Court, an impressive period property at Henlade, near Taunton. The location close to the M5 at junction 25 and the opportunity for additional development proved appealing. The gavel eventually went down at £625,000. The guide price had been £500,000.

Pithayne Farm, Hemyock, which enjoys a superb rural position adjoining pasture and woodland, but requiring complete renovation of the three-bed farmhouse proved another draw. The sale’s figure soared past the guide of £500,000 and settled at £605,000.

The final lot was a small piece of agricultural land of 1.31 acres at Spaxton, near Bridgwater. This attracted a high degree of interest from the village with two bidders vying eagerly for this attractive level parcel of land. It achieved £35,000 from a guide of £20,000.

Greenslade Taylor Hunt’s next property auction takes place at the Langport Arms Hotel, Langport, on September 26.

Barn at Littleton

Opportunity to ‘make your dream home’

June 2013

Have you been inspired by the many property television programmes and hankered after a development project of your own?

Suitable opportunities are rare to find, but if the answer is yes then an auction lot at Littleton, near Somerton may have you reaching for your wallet.

This lot comprises two impressive traditional stone barns to be sold by auction by Greenslade Taylor Hunt at The Shrubbery Hotel, Ilminster, on July, 24.

Littleton is a small, quiet hamlet between Somerton and Street and full planning permission has been granted to convert this large barn - 3500 sq ft into a wonderful residential dwelling together with small detached barn to make into offices, garaging, garden store etc.

The property will combine the best of modern design whilst sympathetically retaining and restoring the existing features. The plot itself extends to 0.81 acres and there is a further two acres of adjoining pastureland available.

The site is “shovel ready” as all redundant farm buildings have been removed.

The barn is being offered for sale at a guide price of  £200-£240,000. For more information please contact Greenslade Taylor Hunt’s  Langport office on (01458) 250000.

Hill Farm Cottages, Beaminster

Autumn Flush of Property

November 2012

Following the recent success of Greenslade Taylor Hunts October collective property auctions, in which 30 lots over the counties of Somerset and Dorset went under the hammer totalling over £5 million.

We are now pleased to announce that we have five more new and interesting properties to the market. All the properties would appeal to a wide range buyers that may be seeking an investment opportunity or a project for enjoyment.

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Martyn Venner

The Gavel is still hard at Work

June 2012

Guide prices were dwarfed at another extremely successful property auction held by Greenslade Taylor Hunt at the Castle Hotel, Taunton, on June 8th.

Star billing went to a highly attractive residential holding close to North Curry.

The three-bedroom farmhouse at Knapp set in just over eight acres was offered at a guide price of £425,000. The gavel fell at £500,000.

A character cottage within Exmoor National Park also proved a hit. The stone built three-bedroom detached property at Brompton Regis was guided at £225,000.  It sold for £300,000.

A delightful period cottage requiring modernisation also topped its guide price.  The house in the favoured village of Nether Stowey was on at a guide of £140,000. The three-bedroom home sold for £145,000.

A landmark Bridgwater building also beat its guide price of £50,000. The Grade II listed Harbour Masters cottage at Chilton Street requires complete modernisation. The property, dating from the 19th century, sold for £68,000.

It was not only property that proved profitable. Land lots also edged their guide prices at the sale at The Castle Hotel, Taunton. Parcels of productive pasture land at Brompton Regis were snapped up. One lot went for £81,000 from a guide of £70,000.

A second lot went for £56,000. It had been offered at a guide of £45,000.

Martyn Venner, manager of Greenslade Taylor Hunt’s Bridgwater office, said ‘The above results have proved again that for the right property, with the right agent and right marketing strategy top results can still be achieved, experience counts!’   

The next collective property auction is on the 20th July at The Castle Hotel, Taunton. Entries are still invited.

If you require more information about selling at auction please contact Martyn Venner at Bridgwater on 01278 425555 or Michael Dukes of the Taunton Office on 01823 277121.

Waterdene Farm, Crowcombe

Property auction sees prices climb

May 2012

Guide prices were smashed at an extremely successful property auction held by Greenslade Taylor Hunt at The Castle Hotel, Taunton last Thursday.

Martyn Venner, Associate at Greenslade Taylor Hunt’s Bridgwater office, said: “We were delighted with the 100% success rate of our latest auction especially under the current economic conditions.

“We, as a firm, are very selective as to the type of property we put under the hammer but with the correct advice, marketing and expertise it can prove very successful.  Greenslade Taylor Hunt are renowned for holding successful property auctions throughout the year and if you are considering selling the auction route could be the method that suits you. Experience counts!”

Highlights included the sale of Waterdene Farm, Crowcombe. This three-bedroom residential holding, in an idyllic rural position at the foot of the Quantock Hills, set in 57 acres was marketed at a guide price of £650,000. The hammer fell at £835,000.

A renovation project in the favoured village of Bishopswood proved popular. The Yews, a two/three bedroom property with large gardens backing onto fields, sold for £229,000 exceeding the guide of £220,000.

It was not just residential property that attracted competition at the sale. A beautiful woodland at Combe Florey, near Taunton, proved a draw. This appealing mixed woodland forming part of Combe Wood and extending to 17.04 acres made £93,000 off an auction guide of £85,000.

Land comprising 16.05 acres at Ham Hill, Combe St Nicholas, near Chard, also went for well over its guide price of £90,000 and sold for £120,000 equating to £7,500 per acre.

A three-bedroom bungalow with great views and ripe for renovation at Marshwood, West Dorset, achieved £170,000 off a guide of £120,000.

Finally two small mature cider orchards at Stockditch Road, Kingsbury Episcopi, made £9,000 and £7,000 respectively both exceeding the guides.

The firm’s next collective property auction is scheduled to take place at The Castle Hotel, Taunton, on June 8. A variety of residential and agricultural property will be on offer including a three-bedroom residential holding at North Curry and a selection of land at Brompton Regis, near Dulverton. For further details log on to the website www.gth.net

Jeremy Bell

Another successful multi-lot Collective Property Sale grosses £½ million for GTH

May 2012

Land lots across the region of North Somerset were offered to a packed auction room of 150 people resulting in a good test of the land market this spring.

Jeremy Bell, Partner at Greenslade Taylor Hunt’s Burnham-on-Sea office, said: “Selling land by public auction is the only sensible method of sale, very often achieving higher prices than the stated guide prices which one wouldn’t get if selling by private treaty.

“Occasionally selling land by tender may also achieve a premium if a special purchaser can be identified. This is where the experience of the auctioneer and firm’s reputation and local knowledge comes into play in giving the best professional advice.”

The sale conducted by Greenslade Taylor Hunt at Batch Country House, Lympsham, saw a number of lots exceed their guide prices.

A particular highlight was 8.46 acres (3.42ha) at Cheddar Moor Drove, Draycott, near Cheddar. This comprised two parcels of land and was on at a guide price of £50,000-£60,000. The hammer went down at £85,000.

Land at Touch Lane, Compton Dundon, near Somerton, comprising 10.94 acres (4.43ha) was marketed at a guide price of £55,000-£65,000. It sold for £70,500.

Agricultural pasture land at Westhay Moor Drove, Westhay Moor, near Wells, achieved £88,000. It was on at a guide price of £60,000-£70,000.

The firm’s next similar auction is planned for mid June. Jeremy Bell can be contacted on 01278 765588.

No image available

Strong interest in East Devon properties and land

October 2011

Despite the ongoing difficulties being experienced within the wider economy, Will Handel from Greenslade Taylor Hunts Honiton Office reports a successful auction of property and land in East Devon.

The auction comprised 5 Lots, with two having been sold prior to auction, and included three residential properties requiring modernisation in addition to agricultural land and resulted in a packed auction room and competitive bidding.

First on offer was Fieldhead at Luppitt which comprised a 2/3 bed bungalow requiring updating which having been guided at £225,000 was eventually sold after keen bidding for £293,000.

Blue Anchor at Payhembury comprised a period detached 2 bed cottage also requiring general updating and offering scope for alteration and/or addition which was marketed with a guide of £225,000 and sold for £250,000.

Beechcroft at Southleigh, a 2 bed woolaway bungalow requiring much updating and subject to an Agricultural Occupancy Condition sold for £100,000.

The land was keenly contested providing further evidence that the demand for good agricultural land remains strong. Considerable interest prior to the auction resulted in two lots being sold before the auction whilst on the day 4.49 acres sold for £38,000.

Will Handel, in the firms Honiton office commented ‘the auction system continues to be popular with vendors and purchasers alike, and for the right property with the correct marketing is a highly effective method of sale. Properties requiring updating and modernisation continue to be keenly contested whilst the land market has shown no signs of easing".

The Honiton Office are now taking entries for their Collective Property Auctions for 2012 and for a free market appraisal or to discuss the suitability of your property for auction please contact Will Handel on 01404 46222.

Martyn Venner

8 Out of 9 Success Rate at Taunton Auction

October 2011

Over 150 people crammed into the venue anxious to bid for their chosen lot and as a result we saw 8 out of 9 properties successfully sold under the hammer with all guide prices being exceeded. 

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Record £5.386M Property Auction

July 2011

Not only was Friday 24 June Mid Summers Day, but also the day on which one of the largest and most successful Auctions of Agricultural property in the South West was held. The Auction - possibly one of the largest to be held within Devon for many years unusually included two large Farms, together with other Agricultural property. With a one hundred percent success rate, the sale totalled £5,386,000. Held at the Padbrook Park Hotel, Cullompton; Auctioneer Tony Overhill FRICS and Partner in GREENSLADE TAYLOR HUNT's Tiverton office offered the mixed portfolio to a capacity audience of over three hundred interested parties.

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Property Specialists in the South West

Greenslade Taylor Hunt offers an extensive range of property services covering the residential and commercial markets, equestrian properties, farms and new homes in the South West.

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