Flats to go under virtual hammer for sale for £220,000 at property auction

PUBLISHED: 16:32 20 April 2020 | UPDATED: 06:58 21 April 2020

The flats going under the hammer at an online property auction. Pic: submitted

The flats going under the hammer at an online property auction. Pic: submitted

A three-storey residence in Sheringham is poised to go under the virtual gavel in an online auction next month.

The terraced property comprising a maisonette and ground floor flat with a garden in St Peters Road is among 64 lots in the latest auction being held by land and property auction house Clive Emson on May 6.

Paul Bridgeman, a Clive Emson auctioneer covering East Anglia, said: “Given the location and opportunity for a quick sale, we anticipate keen interest from bidders. Within half a mile is the picturesque beach and waterfront, high street shopping, golf course and public transport links.

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“Once enhanced, the flats may be suitable for letting, perhaps as holiday lets, owner occupation or perhaps conversion into a single dwelling, subject to planning consents.”

James Emson, Clive Emson’s MD, said: “The online bidding technology is tried and tested and once again proved its effectiveness in our March auction. We recorded £14m of sales in March, a sales rate of 70%, and there is no doubt that bidders, who must register first, are becoming more familiar with making bids online during the live auction.”

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