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See the full results of Brown & Co’s property auction

PUBLISHED: 09:38 28 September 2018

Town Close Road, which sold at auction for £700,000. Pic: www.brown-co.com

Town Close Road, which sold at auction for £700,000. Pic: www.brown-co.com

Around £2.7 million worth of property sold at auction yesterday with a Norwich Golden Triangle house in need of renovation selling for £700,000 - but the former Mermaid pub did not find a buyer.

The former Mermaid Inn, Hedenham, which failed to sell at auction. Pic: www.edp24.co.ukThe former Mermaid Inn, Hedenham, which failed to sell at auction. Pic: www.edp24.co.uk

Brown & Co’s auction at the Assembly House in Norwich saw 15 out of 19 lots sold on the day, including one lot sold in the room immediately afterwards, so with a 79 per cent success rate.

Peter Hornor, auctioneer and chartered surveyor at Brown & Co, said: “I see that we realised some £2.7million worth of property sales on the day. We were thrilled with the result of the sale of 1 Town Close Road in the prestigious Town Close Estate in Norwich which sold at £700,000, well in excess of the reserve, reminding us that properties in this area of Norwich tend to sell at a premium particularly when compared with other areas of the city - this property needs complete renovation.”

However, the former Mermaid pub, Hedenham, near Bungay, which in recent years has fallen on hard times, still needs a buyer.

The full results:

1 10 Kings Road, Holt, Norfolk, NR25 6DB £90,000 - £110,000 Sold for £105,000

2 Parcel of land between 106 & 107, Grange Close, Hoveton, Norwich, Norfolk, NR12 8EB £10,000 - £20,000 sold for £13,000

3 Land and 6 Garages to rear of 5 & 6, Little Barney Lane, Barney, Fakenham, Norfolk, NR21 0NE £15,000 - £25,000 sold for £31,500

4 Parcel of land to the rear of 49 & 51, Priory Crescent, Binham, Fakenham, Norfolk, NR21 0DB £10,000 - £20,000 sold for £12,500

5 Flats 1 - 4, 30 Cromer Road, Sheringham, Norfolk, NR26 8RR £300,000 - £350,000 sold for £399,000

6 2 Laburnum Road, North Walsham, Norfolk, NR28 0EL £125,000 - £150,000 sold for £140,000

7 16 Fen Street, Old Buckenham, Norfolk, NR17 1SR £225,000 - £250,000 WITHDRAWN PRIOR

8 1, 3 & 5 Le Strange Terrace, Hunstanton, Norfolk, PE36 5AJ £225,000 - £275,000 sold for £226,000

9 253 Heigham Street, Norwich, Norfolk, NR2 4LT £110,000 - £130,000 AVAILABLE

10 Ashleigh, Downham Road, Nordelph, Downham Market, Norfolk, PE38 0BQ £110,000 - £130,000 sold for £115,000

11 3 Fairfield Road, Downham Market, Norfolk, PE38 9ET £40,000 - £60,000 sold for £82,500

12 17 Chestnut Close, Costessey, Norwich, Norfolk, NR50PL £60,000 - £80,000 sold for £92,000

13 16 Mousehold Lane, Norwich, Norfolk, NR7 8HF £125,000 - £150,000 SOLD AFTER

14 2 Kents Lane, Bungay, Suffolk, NR35 1JF £250,000 - £275,000 sold for £270,000

15 23 Middletons Lane, Hellesdon, Norwich, Norfolk, NR6 5NQ £140,000 - £160,000 sold for £155,000

16 Halfpenny Cottage, Ramsgate Street, Edgefield, Norfolk, NR24 2AX £165,000 - £175,000 AVAILABLE

17 28 Meadowbrook Close, Norwich, Norfolk, NR1 2HJ £165,000 - £185,000 AVAILABLE

18 41 Marine Parade, Gorleston, Great Yarmouth, Norfolk, NR31 6EX £375,000 - £425,000 sold for £390,000

19 The Former Mermaid Public House, Norwich Road, Hedenham, Norfolk, NR35 2LB £190,000 - £225,000 AVAILABLE

20 1 Town Close Road,
Norwich, Norfolk, NR2 2NB £625,000 - £675,000 sold for £700,000.

You can contact Brown & Co at www.brown-co.com or on 01603 629871.

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