25 May 2024

Property and land sells for £1.7m at Shrewsbury collective auction

Thirteen properties and parcels of land across Shropshire and South Cheshire sold for more than £1.7 million at a successful collective auction in Shrewsbury on Friday.


Strong demand for small parcels of land in Shropshire and South Cheshire continued. Prices in excess of £20,000 per acre were achieved in the auction organised by Halls, a leading regional firm of estate agents, chartered surveyors, auctioneers and valuers.


The property lots included Station House, Rednal, near Oswestry, a substantial and attractive, Grade II listed former railway station which attracted huge pre-auction interest and exceeded its guide price to sell for £175,000.


Halls chairman Allen Gittins said the property, which included a range of outbuildings, had excellent potential for renovation into a unique family home.


The auction’s top price of £466,000 went to 1, Upper Longwood, Eaton Constantine, near Shrewsbury, a two bedroomed house with scope for modernisation and improvement, large gardens, a versatile brick barn incorporating stables and grazing land. The whole property, which exceeded its guide price, extended to around 3.2 acres.


Neighbouring 8, Lower Longwood, Eaton Constantine, sold for £325,000. This period, detached, three bedroomed country cottage, requiring modernisation and refurbishment, included a range of adaptable outbuildings and an amenity paddock


Another property requiring modernisation and improvement was 1, Shrewsbury Road, Cressage, near Shrewsbury. This detached, four bedroomed cottage with attractive gardens sold for £225,000.


2, Mill Lane Cottages. Horseman’s Green, Whitchurch, a characterful, two-bedroomed, semi-detached property requiring modernisation and improvement, set within generous gardens with off street parking, achieved £120,000.


Three parcels of amenity land at Criftins, near Ellesmere, extending to 2.8, 2.43 and 1.9 acres, sold for £35,000, £50,000 and £30,000 respectively while two parcels of land at All Stretton, Church Stretton, extending to 13.54 and 4.54 acres, made £75,000 and £50,000, respectively.


The other lots of land were 9.8 acres at Leebotwood, Church Stretton which sold for £100,000, 2.37 acres at Lower Wych, near Malpas, which made £34,000, more than double its guide price and 2.28 acres at Chapel Lane, Dudleston Heath, which sold for £37,000.


Mr Gittins said: “This was our biggest ever collective property and land auction, with an interesting mix of properties from a wide geographical area, from Cheshire to Powys.


“There was a large crowd in the saleroom, resulting in competitive bidding for most lots and excellent prices being achieved. These auctions provide certainty of sale at the fall of the hammer, with contracts signed on the day.”


Halls’ next collective property and land auction is on Friday, July 12. For more information about entering a property or land in the auction contact Halls on Tel: 01691 622602.