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Milton
Keynes
Bidding for lot one at a recent property auction at the Holiday Inn, Newport
Pagnell, had the entire room on the edge of their seats. In a frenzy of
bidding, Robinson and Halls specialist auctioneer, David Jones took
the empty 0.51 ha (1.26 acre), Bedfordshire plot from its guide price
of £10,000 to £68,000.
The small plot on the edge of Tempsford, near Sandy, was surplus to the
owners requirements.
The land had not been marketed before and local residents were concerned
about its potential future uses.
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Robinson and Hall
advised property consultants from Gerald Eve to go straight to auction,
as they were confident that they could attract the appropriate audience.
Each bid increased the price by £1,000. Before long, many prospects
had dropped out, and as the bidding battle was reduced to a handful of
people, the intensity increased.
Other lots to come under the hammer included a workshop in Kempston at
£56,000, a small parcel of land in one of Kempstons residential
areas at £30,000, and flat in Stevenage at £104,000.
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