Town and Country’s May Auction was another successful month, with over £17.1m+ in properties sold through our national online platform.
Throughout the month, we listed a diverse range of properties, including residential homes, commercial buildings, and vacant land across the UK.
The auction attracted significant attention from buyers nationwide, all eager to engage in the competitive bidding process. The wide variety of properties available sparked fierce competition, driving strong results across the board.
In this blog, we highlight key results from the May auction, showcase post-auction opportunities now open for offers, and share details of upcoming auction dates.
Auction Highlights
Historic Grade II listed cottage in riverside setting Sells Prior to Auction.
Otter Cottage, part of a remarkable former mill is steeped in history, with origins believed to date back to Roman times and references in the Domesday Book of King John. Rich in character, Otter Cottage retains an array of period features, creating a truly unique rural retreat.
Rich in character and retaining an array of period features, Otter Cottage presented a truly unique rural retreat. The property also offered excellent potential as a holiday let investment, capable of generating regular income, or as a private holiday cottage in an idyllic setting.
Unique Coastal Cottage Sells Prior to Auction
One of the most photographed rows of cottages on Anglesey, this truly unique two-bedroom detached fisherman’s cottage occupied a stunning position on the headland at Moelfre, enjoying uninterrupted coastal views and being within walking distance of the village centre.
Having recently been utilised as a successful holiday let, the cottage offered excellent potential as a permanent residence, holiday home, or investment property, subject to any necessary consents.
Generating significant interest due to its rarity, character, and exceptional setting, the property was successfully sold prior to auction.
Extended Investment Property Attracts 67 Bids and Sells for £533,000
A substantial freehold extended end-of-terrace property, sold with tenants in situ.
The property proved extremely popular with investors, attracting 67 bids and achieving a sale price of £533,000, significantly exceeding its £450,000 guide price.
Landmark Grade II Listed Venue Sold Prior to Auction
This substantial Grade II listed former events venue presented a rare opportunity to acquire a landmark building with significant redevelopment potential. Previously operating as a well-known Asian wedding and function hall, the property offered extensive accommodation and scope for a variety of future uses, subject to the necessary consents.
Full Renovation Bungalow Sells Above Guide at £208,000
Situated in the popular residential suburb of Radipole, the property offered an excellent renovation opportunity, with accommodation comprising an entrance hall, lounge, kitchen, bathroom, conservatory, and three bedrooms.
Requiring complete modernisation throughout, the bungalow attracted strong interest, receiving 25 bids against a guide price of £150,000–£200,000, and successfully sold for £208,000.
Potential-Packed Three-Bedroom Bungalow Sells Prior to Auction for £343,000
A charming and versatile three-bedroom link-detached bungalow, available with no ongoing chain.
Bursting with potential and situated in a sought-after location, the property generated strong interest from prospective buyers and was successfully sold prior to auction for £343,000.
Income-Producing Bolton Investment Opportunity Offered with Tenant in Situ
A two-bedroom mid-terrace property, situated within a popular residential area of Bolton.
Presenting an excellent opportunity for investors, the property was offered with tenants already in situ and generated an annual rental income of £8,400 per annum (£700 per calendar month), providing an immediate income-producing asset.
Iver Property Sells Prior to Auction £100,000 Above Guide Price
This well-positioned property in Iver offered exceptional potential for extension, refurbishment and modernisation, with generous grounds backing directly onto open farmland. Combining a sought-after village location with a rare opportunity to create a substantial family home or investment property, the property generated significant buyer interest from the outset.
High-Yield Mixed-Use Investment Attracts 17 Bids and Sells for £698,000
A substantial freehold detached mixed-use investment property extending to approximately 1,305.52 sq m (14,053 sq ft).
Offering an attractive income-producing opportunity, the building was 96% occupied at the time of sale and generated a passing gross rent of £84,295 per annum. With scope to increase income further when fully let at open market rental values, the property offered a potential gross yield of circa 14%.
The combination of strong existing income, high occupancy levels, and future asset management opportunities generated significant interest from investors nationwide.
Substantial Freehold Industrial Unit Offered in Established Trading Estate
A substantial freehold workshop and industrial unit, situated within the well-established Atlantic Trading Estate in Barry.
The unit provided extensive workshop space together with office and ancillary accommodation, making it an attractive proposition for both owner-occupiers and investors. Further enhancing its appeal, the property was held freehold and benefited from no ground rent or service charges, offering strong long-term value.
Tenanted Three-Bedroom Investment Property Offering Immediate Income
A spacious three-bedroom investment property, sold with a sitting tenant in place and providing immediate rental income from day one.
With the advantage of instant cash flow and long-term rental potential, the property generated strong interest from investors seeking a ready-made income-producing asset.
Former Café with Flat Above Sells Prior to Auction
A former café with a two-bedroom flat above, presenting an attractive mixed-use investment opportunity.
The café had previously been let at £800 per calendar month, while the vacant flat offered an estimated rental income of around £700 per calendar month, providing strong income potential for investors and owner-occupiers alike.
Generating early interest due to its flexibility and investment prospects, the property was successfully sold prior to auction.
City Centre Apartment Sells Prior to Auction
The apartment also presented an attractive investment opportunity, with estimated long-term rental income of £700+ per month and excellent short-term letting potential. Located within an area benefiting from significant regeneration and ongoing investment, the property offered buyers the prospect of both income and future growth.
Generating strong interest throughout the marketing period, the property was successfully sold prior to auction.
Tenanted Apartment Attracts 7 Bids and Sells for £55,000
Sold with a tenant in situ, the apartment generated a rental income of £750 per calendar month and was professionally managed, making it an ideal low-maintenance investment.
The property attracted strong interest from investors seeking an immediate income-producing asset, receiving 7 bids before successfully selling for £55,000.
Unsold Lots Available
A selection of lots remains available for a limited time. Take a look through the March lots now open for offers.
Buy in Our Next Auction
If you’re interested in buying a property, we invite you to get in touch with our team. Our upcoming online auctions are scheduled for 10th and 24th June. We’re here to assist with any questions or enquiries you may have.
Sell in Our Next Auction
Entries are now open for June Auctions, with two dates scheduled in June on the 10th and 24th. Don’t miss the chance to sell your property at auction — get in touch with the Town & Country team today.