Auction Date: 3rd December 2025
Event Type: Livestream Auction
Auction Contract: Unconditional Auction Sale
Property Type: Freehold — Vacant Two-Bedroom Cottage
Status: Refurbishment Opportunity
Location: Close to Ingatestone Village Centre & Train Station
Lot Description
A vacant two-bedroom freehold cottage requiring full refurbishment, offering excellent potential for improvement and value uplift. Positioned in a desirable village location with convenient access to local amenities and transport links.
Vendor Circumstances
Power of Attorney sale. The property was vacant, with the seller currently in care. A swift, secure, and transparent sales method was required — making the unconditional auction route ideal.
Guide Price & Result
- Auction Guide Price: £200,000 + fees
- SOLD Under the Hammer: £294,000
- Percentage Achieved Over Guide: 47% above guide price
Buyer Engagement
The marketing campaign delivered strong buyer activity:
- 43 individual parties registered interest
- 17 bidders formally registered to bid
This high engagement translated into highly competitive bidding on auction day.
Outcome & Key Learning
This sale achieved an exceptional result, realising 47% above the auction guide price. From instruction through to legal completion, the entire Dedman Gray Auctions sales journey was completed in approximately 8 weeks, demonstrating the effectiveness and speed of the auction process — particularly for properties requiring refurbishment or offered by sellers seeking certainty and efficiency.
Thinking About Selling by Auction?
If you are considering selling by auction but are unsure whether your property or asset is suitable, our team is happy to provide expert advice free of charge and without obligation.
📞 Call: 01702 311010
✉️ Email: auction@dedmanauctions.com