Lot: 16 | Titus, Good Easter, Chelmsford, Essex, CM1 4QA
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Background
After a private treaty sale collapsed, the seller needed a swift and reliable sale to move forward. The property – a charming Grade II listed, part-thatched period home set within approximately 0.8 acres – offered significant scope for value enhancement through renovation.
Challenge
While the property’s character and setting were highly appealing, the need for renovation meant the pool of potential buyers was likely to be more specialised, favouring cash purchasers and experienced renovators.
Outcome
The property was successfully sold under the hammer on auction day following highly competitive bidding. The winning bid reached £475,000, delivering an excellent result for the seller and demonstrating strong demand for unique period properties with potential.
Key Learnings
- Auction is ideal for time-sensitive sales, particularly following a failed private treaty transaction.
- Unique, character properties in need of works can generate strong competition among motivated buyers when marketed to the right audience.
- Transparency and urgency in the auction process encourage decisive bidding and help secure premium prices.
Conclusion
This sale is a further example of how Dedman Gray Auctions, as Essex’s most successful property auctioneer, achieves outstanding results for properties that might otherwise face delays or uncertainty in the open market.
By combining expert marketing, a wide-reaching buyer network, and the speed and certainty of the unconditional auction process, we consistently deliver strong prices and fast completions – even for properties requiring renovation or specialist interest.
If you have a property with redevelopment potential, character features, or simply need to sell quickly, contact Dedman Gray Auctions to discover how we can deliver a fast, secure, and successful sale.