Think Property Auction Is Only for Low Price Properties? Think Again
Property Auction: Not just for Bargain Hunters!
When many people think of property auctions, images of dilapidated fixer-uppers and budget renovations often come to mind. But the world of property auction has evolved significantly, and at Pattinson Auction, we are leading the way in reshaping this perception.
Breaking the Stereotype
Property auction is no longer the preserve of seasoned investors snapping up low-cost homes. Increasingly, sellers of premium properties are turning to the auction method of sale for a faster, more transparent way to sell. At Pattinson Auction, we’re proud to be at the forefront of this shift.
A recent example demonstrates this perfectly: 4-bedroom end-of-terrace home in South London has just sold through our national auction facility for an impressive £1,800,000, with a Starting Bid of £1,750,000!
This home was far from the low-price stereotype of auction properties. It boasted:
Period features
Spacious, manicured gardens
Off-street parking and a garage
Freehold status
An enviable location in South London
Such a property might traditionally have gone on the open market for an open treaty sale, but in today’s competitive market and with fall-throughs on the rise, sellers and buyers alike are discovering that property auction provides both speed and certainty.
Why are more sellers choosing auction?
Fixed timelines and fast completions
Legally binding sales, reducing fall-throughs
Competitive bidding drives prices higher
National exposure with local support
Whether you're selling a flat or a million-pound home, auction can offer you speed, certainty, and maximum value.