Lot 1 - Builders Yard - Front

 

Lot 1 Builders Yard, Sandringham Lane, Fratton, Portsmouth PO1 5DN

 

 

Lot 2 & 3 Flat 1 & 2 Shaplands Mews Block - Front

Lot 2 Flat 1, Shaplands Mews, 35 Union Street, Ryde, Isle of Wight PO33 2DA

Lot 3 Flat 2, Shaplands Mews, 35 Union Street, Ryde, Isle of Wight PO33 2DA

 

 

Lot 4 - Tennyson House front

Lot 4 Flat 9, Tennyson House, 11 Union Road, Ryde, Isle of Wight PO33 2AZ

 

 

 

Lot 5 - Sutton Court Front

 

Lot 5 The Freehold Interest of Sutton Court, Paxton Road, Fareham, Hampshire PO14 1FH

 

 

 

 

 

 

 

Lot 6 - 9 St Annes - Front

 

Lot 6 9 St Anne’s Road, Woolston, Southampton, Hampshire SO19 9FH

 

 

Lot 8 - 88b St Georges Front

 

Lot 8 88b St Georges Square, Portsmouth, Hampshire PO1 3AR

 

 

Lot 9 - Bakery Front

 

Lot 9 ‘Woodruffs Bakery’ 4 Deacon Road, Merry Oak, Southampton SO19 7PZ

 

 

 

 

Lot 13 - Splinters - Front

Lot 13 ‘Splinters’ Winsor Road, Winsor, Southampton SO40 2HJ

 

 

 

Lot 14 - 8 South View - Front

 

Lot 14 8 South View Road, Upper Shirley, Southampton SO15 5JB

 

Lot 15 - Southampton Rd 2nd Shot

Lot 15 - Southampton Rd Main Shot

 

Lot 15 48A & B Southampton Road, Fareham, Hampshire PO16 7DY


Our March Auction, reflected the mood in the current Economic Climate, with generally a nervous anticipation in the Room.

 

With a change of venue to the Hampshire Suite, the Auction itself was well attended, with a wide and varied selection of Lots.

The Auctioneer, anticipated that he would have his work ‘cut – out’ and so it proved, with less than half of the Lots Sold in the room.

However, a familiar pattern has since occurred with a number of offers being received outside of the Auction Room, which has led to an increased number of Sales.

 

We move on to our May Auction in positive mood, with a number of Lots already secured, so please call soon if you would like your property featured.

 


There was an air of uncertainty around the February auction. Activity had been good and there were a reasonable number of enquiries with a few offers being presented before the day, which resulted in a couple of properties being sold prior. Outstanding legal issues regrettably accounted for others having to be withdrawn and on the day 9 lots were available and taken to the room.

Yes, things sold at the venue and those together with others that went within the next 24 hours meant a success rate of 78% had been achieved!

An excellent result in these more difficult times.


 

 

Lot 1- 38a Gainsford Road Front

Lot 1 – 38a Gainsford Road, Southampton SO19 7AU

Guide Price £95,000

Lot 3 - Stride Ave - Front

 

Lot 3 – 164 Stride Avenue, Portsmouth, PO3 6HW

Guide Price £80,000

 

Lot 4 - 13 Morgan Road - Front

Lot 4 – 13 Morgan Road, Southsea, PO4 8JS

Price Guide £150,000 – £175,000

 

 

Lot 5 - 7 Hillsley Road Front

 

Lot 5 – 7 Hillsley Road, Paulsgrove, Portsmouth, PO6 4LD

Price Guide £125,000 – £150,000

Lot 6 -Shalom front (3)

Lot 6 – ‘Shalom’ Romsey Road, Nursling, Southampton, SO16 0XA

Guide Price £265,000

 

 

 

 

 

Lot 7 - 67 Drayton Road Front

 

Lot 7 – 67 Drayton Road, North End, Portsmouth, PO2 0BX

Guide Price £160,000

Lot 8 - 58 West Street Front

 

Lot 8 – Flat 1, 58 West Street, Alresford, SO24 9AU

Guide Price £95,000

Lot 9 - 4 Church Path Front

 

Lot 9 – 4 Church Path, Emsworth, PO10 7DP

Guide Price £235,000

Lot 10 - 58 Yarborough Rd - Front

 

Lot 10 – 58 Yarborough Road, East Cowes, Isle of Wight, PO32 6SH

Guide Price £185,000

Lot 11 - 19 Salet Way Front

 

Lot 11 – 19 Salet Way, Waterlooville, PO7 8QS

Guide Price £275,000

Lot 12 - 1&2 Morestead Front

 

Lot 12 – 1 & 2 Morestead Hill Cottages, Morestead, Winchester, SO21 1NB

Guide Price £550,000

Lot 13 - 116 Bridge Road Front (1)

 

Lot 13 – 116 Bridge Road, Sarisbury Green, Southampton, SO31 7EP

Guide Price £450,000

Lot 14 - Ryedown Farmhouse Front

 

Lot 14 – ‘Ryedown Farm House’ Ryedown Lane, East Wellow, SO51 6BD

Guide Price £595,000

 


Pearsons Auction department are pleased to announce that amidst all the current economic uncertainty, their December Auction was not only well attended, but also successfully sold over 2.5 million worth of property across the region.

This Auction concludes a very successful year in general for the Auction department and we head into the New Year with eager anticipation for greater things to come. We are already taking instructions for our next Auction on February 13th 2019. If you feel that your property might suit, then please give us a call.

We would like to take this opportunity to wish you a Merry Christmas & Happy New Year.


 

 

 

 

 

 

2 Alten Road Front

 

Waterlooville – Guide Price  £195,000 + fees* Freehold

This semi-detached bungalow requires extensive updating and refurbishment, is set within a popular well established residential area amidst similar style homes.

 

 

 

 

 

2 Elmore Front

 

Havant – Guide Price £90,000 + fees* Leasehold

A one bedroom converted flat for auction. Positioned in central Havant with one allocated parking space, this would make an ideal investment.

 

2 Harvest Road Front

Denmead – Guide Price £250,000 + fees* Freehold

Three bedroom detached family home set in sought after location enjoying views to the front across open green and Nature Reserve. A short distance from Denmead village centre.

 

4 Darwin Front

 

 

Southampton – Guide Price £95,000 + fees* Leasehold

A well-appointed  one bedroom first floor apartment offering an ideal buy to let opportunity with the additional benefit of parking to rear.

 

 

5 School Road Front

 

Winchester – Guide Price £290,000 + fees* Freehold

A three bedroom, terraced home situated in the popular village of Twyford. The property requires modernisation and retains a wealth of character and charm.

 

 

7 Darwin Front

 

 

Southampton – Guide Price £68,000 + fees* Leasehold

This studio apartment on the top floor (second floor) of this converted character property is within the popular residential area of Shirley.

 

 

 

9 The Albany Front

 

 

Southampton – Guide Price £168,000 + fees* Leasehold

Set within a secure gated location, close to the historic City Walls, this well-appointed first floor apartment is offered for sale with no forward chain. The property is located in the heart of the City centre and was previously let for £865.00 pcm.

 

 

11 Queen Ann Drive Front

 

Havant – Guide Price £250,000 + fees* Freehold

This detached three bedroom house is being sold as a project and has the potential to become a stunning family home.

 

 

13 Somerset Front

 

 

Southsea – Guide Price £160,000 + fees* Freehold

In need of updating throughout, this two bedroom terraced house, close to the sea front and Southsea Common, would make an ideal acquisition for any investor or someone looking to add value.

 

16 Warblington Front

 

Havant – Guide Price £325,000 + fees* Freehold

This light and airy detached four bedroom property sits in the popular location of Warblington Avenue situated opposite the tennis courts. This property requires some cosmetic updating.

 

27 Hartlands Front

Fareham – Guide Price £150,000 + fees* Freehold

This older style two/three bedroom house is situated within the heart of Fareham town centre.

 

 

27 Shooters Hill Front

 

 

Southampton – Guide Price £145,000 + fees*  Freehold

In need of modernisation but brimming with potential, this two bedroom terraced house is offered for sale with no forward chain.

 

 

37 Posbrooke Road

 

 

Southsea – Guide Price £ 170,000 + fees* Freehold

This three bedroom family home in need of general modernisation throughout, would make an ideal acquisition for anyone looking to add value.

 

43 Orchard Front

 

 

Havant – Guide Price £250,000 + fees* Freehold

This property is located in central Havant and benefits from being walking distance to the town. Requiring some modernisation, this house however boasts good room sizes throughout, a nice garden, garage and parking.

 

64 The Avenue Front

 

Fareham – Guide Price £550,000 + fees* Freehold

This most attractive older style four bedroom detached house is set in approximately two thirds of acre (0.647 Pro Map). There is an additional parcel of land which is approximately a quarter of an acre (0.249 Pro Map) The property is located within a highly regarded non-estate position set back from the road.

 

 

116 Brideg Road Front

 

 

Sarisbury Green – Guide Price £475,000 + fees* Freehold

A unique opportunity to purchase premises within this popular area, which offers a commercial unit with main road frontage, residential premises, plus a large plot at the rear with planning permission for a detached dwelling. Planning permission has been granted to build an attractive three bedroom detached house.

 

175 Foundry - front

 

 

Southampton – Guide Price £ 195,000 + fees* Freehold

A semi-detached, three bedroom family home situated within easy walking distance to Shirley High Street. The property is in need some modernisation and benefits from three receptions rooms and a garage.

 

DSC_5473

 

 

Isle of Wight – Guide Price £ 140,000 + fees* Freehold

Offered to the market chain free and recently refurbished throughout is this modern, three bedroom detached house offering views of the English Channel.

 

Garages

Fareham – Guide Price £20,000 + fees per Garage & £7,000 + fees for Parking Space – Freehold

An attractive opportunity to purchase one of these single lock up garages within a purpose built block of five. All come with up and over doors and offer easy access just inside the development. In addition there is a marked off road parking space immediately adjacent and suitable for one car.

 

 

Kimbers Front

 

 

Worlds End, Hambledon – Guide Price £595,000 + fees* Freehold

A picturesque three bedroom character cottage in approx 1.8 acres within this sought after rural location on the outskirts of Hambledon. A gated drive leads to the property which is screened to the front by mature trees and hedgerow. There is plenty of scope to extend subject to the usual  consents.

 

Land 60 Fir

 

Waterloovilee – Guide Price £20,000 + fees* Freehold

An opportunity to acquire a parcel of land to the rear of the existing property which is number 60. Originally we believe it was part of the garden but was separated off some years ago and has been unused since. Whilst there is currently no planning consent for any development, the plot could be considered suitable for the erection of a single storey dwelling subject to the usual consents.

 

 

 

 

Mount Pleasent Front

 

 

Horton Heath – Guide Price £369,000 + fees* Freehold

A superbly presented modernised three bedroom detached character cottage built in 1889. Standing on a generous size plot with a double garage.

 

Oakhamstead Front

 

 

Curdridge – Guide Price £ 405,000 + fees*     Freehold

Charming and spacious period home, in a desirable semi-rural lane in the village of Curdridge. The property forms the centre of this attractive terrace of character cottages.

 

Shalom Front

 

 

Southampton – Guide Price £279,000 + fees* Freehold

A spacious detached period home within the sought after location of Nursling. Outside there is a driveway providing generous off-road parking and five bar gate leading up to a garage which is currently used as a workshop/home office.

 

 

 

 

 

 

 


Wednesday 17th October saw our seventh Auction of the Year at the Hilton Hotel, Ageas Bowl. Whilst the wet weather appeared to have an affect on the overall attendance on the day, there was still an eager audience in anticipation of their intended ‘Lot’ Number.

This Auction saw a good cross section of properties across the Region, ranging from 2 bedroom Mid-Terraced houses in Portsmouth to a detached 3-bedroom Bungalow in Hythe.

We are pleased to report that an overall success rate of 67% was achieved, maintaining our healthy average year to date of over 70% sales to Lot ratio.

Now we move on to our final Auction of the Year on Wednesday 12th December, with a number of good quality instructions already secured, We look forward to seeing you there!

 


 

Lot 21 - Foden Cottage - Front

A character three bedroom semi-detached cottage set in the heart of the rural  village of Finchdean.  Outside the property has an enclosed front garden, rear  garden with workshop, timber shed, patio area and gardeners WC.

Guide Price        £275,000+ fees*

Location              Finchdean

Lot 20 - 3 Half penny - Front

Situated in a quiet cul-de-sac in the heart of the ever popular Old Portsmouth, this three bedroom terraced home benefits from having its own allocated  parking  space. In need of general modernisation and improvement.

Guide Price     £250,000 + fees*

Location           Old Portsmouth

Lot 19 - 9 Blackbrook Park Avenue Front

An attractive double fronted chalet bungalow standing on a generous garden plot and has great potential for further modernisation and enlargement, subject to the necessary planning consents. In addition, the property has double glazing, gas fired central heating, front garden with driveway, garage and a generous rear garden.

Guide Price       £295,000 + fees*

Location            Fareham

Lot 18 - Winchester Road Front

A substantial detached period house on a good size plot with a detached  garage/annexe to the rear.  The property requires modernisation and refurbishment but offers tremendous potential for further extension subject to the usual consents. Most recently we understand the property has been used as an unlicensed HMO.

Guide Price      £365,000 + fees*

Location           Romsey

Lot 14 - 71 High Street front

A rare opportunity to acquire this attractive Grade II listed period property and  valuable residential/commercial investment. Currently arranged as shop premises on the g/f and a self-contained two bedroom apartment on the f/f.  This prominent High Street house also has planning consent for full residential use for buyers wishing to return the property to a well-proportioned four bedroom character townhouse.

Guide Price      £375,000 + fees*

Location            Fareham

Lot 11 - 4 Langdown Lawn - Front

This three bedroom detached bungalow is situated on a reasonable plot and  benefits from double glazing, gas central heating and garage/workshop. Viewings by appointment.

Guide Price     £280,000+ fees*

Location           Hythe

Lot 8 - 16 Livingstone Road - Front

This striking Victorian residence, available for the first time in over 60 years, is in need of modernisation throughout and retains many of its original period features typical of the era. Spacious rooms provide ample living space for a growing family and the property also boasts an impressive approx 80ft  rear garden facing in a southerly direction .

Guide Price     £430,000 + fees*

Location           Southsea

Lot 7 - 17a Brookvale Road - Front

An outstanding opportunity to acquire a property for redevelopment located in one of the city’s premier residential locations. Planning permission granted for reconversion to a four bedroom family home.

Guide Price      £295,000 + fees*

Location            Southampton

Lot 6- Stride Ave - Front

This well presented one bedroom apartment is located in the popular residential area of Baffins, with double glazing, gas central heating.

Guide Price      £99,995  + fees*

Location           Portsmouth

Lot 5 - Garage

A rare opportunity to acquire a single lock up garage with additional parking. Ideal for car or storage it measures 17’4 (5.3m) x 8’3 (2.5m), with metal up and over door. Being set well back from the road it has the benefit of a long concrete hard standing which is about 42′ (12.0m) in length, enough to accommodate 2/3 vehicles.

Guide Price       £10,000 + fees*

Location            Horndean

Lot 4 - Courtyard Front

An investment opportunity exists to acquire  2 x 1 bedroom flats and a commercial unit.

Guide Price     £300,000 + fees*

Location           Shirley

Lot 3 - Land at Staplers Road

An excellent opportunity to acquire this parcel of freehold land that extends to around 11 acres. Ideal for agricultural purposes and although it borders areas of residential development there is no planning consent with this particular lot.

Price Guide       £80,000 – £100,000 + fees*

Location            Isle of Wight

Lot 2 - 40 Cedar Front

This purpose built one bedroom first floor retirement apartment is situated  within this popular development. The property has the benefit of an entrance which is used by only six apartments, secure intercom, emergency pull cord  system, communal laundry, guest suite and there is non-allocated parking and communal gardens.

Price Guide    £70,000 – £80,000 + fees*

Location          Fareham

Lot 1 - 79 Penhale Road - Front

This two bedroom terraced property in need of modernisation throughout is offered to the market with vacant possession and would make an ideal acquisition for an investor or someone looking to make a home of their own  whilst  also adding value.

Guide Price     £130,000 + fees*

Location         Portsmouth

 

 

 

 

 

 

 


Auction House – which has a branch in Hampshire – is reporting a significant rise in the number of entries into its September auctions.

Catalogues for the award-winning group’s sales during the month contain a total of 645 lots – which is over 100 up on last year.

Explaining the up-turn, Auctioneer Steve Sprake said: “More and more people are realising that auction is a speedier and more certain way to sell, enabling them to bypass the painful log-jams and delays so often associated with selling through estate agents. It is a proven and successful alternative that can deliver the best price in a short, defined timescale. Whilst some sellers may have taken a break over the summer months, they have now returned with renewed commitment.”

Auction House recorded steady results in August with 138 lots offered and 103 sold at a success rate of 75%, raising £11.6m. Dampened activity over the summer season left cumulative figures for the year a little behind 2016, but the totals are still impressive – with 2,668 lots offered, of which 2,009 sold, at a success rate of over 75% and raising £249m so far.

Steve Sprake says that the group is also seeing more lots being purchased with auction finance, as buyers make better use of their capital and acquire two or three properties with funding, rather than just one outright.

He explains: “Shrewd purchasers are searching out properties with potential in what is currently a buyer’s market with greater choice on offer. Even first time buyers are coming to auction, helped by the finance deals which are now available. And of course those buying to live rather than invest won’t be affected by the 3% extra stamp duty and tax changes facing landlords – so they are at a competitive advantage.

“Despite estate agency commentators reporting a worrying shortage of stock, we are offering a diverse mix of properties, which are keenly guided to generate interest and deliver sales. We are now into a busy autumn period, with a lot of properties being offered under the hammer, so there will be bargains around. In fact, a rise in auction activity could help boost the housing market in the final quarter of this year.”


The UK’s number one property auctioneer Auction House – which has a branch in Hampshire – has offered more lots so far this year than any other year up to August in the group’s ten-year history.

The multi-award winning auctioneer has offered a massive 2,533 auction lots so far this year (up from 2,480 in 2016) at 125 sales around the country, with a healthy success rate of 74.9%.

Commenting on the encouraging picture, Auctioneer Steve Sprake said: “These figures prove that auction properties are still in great demand and the appeal of auctions as the quickest method of sale is strengthening. Auctions have been less affected by the recent downturn than other sectors because they involve a faster process and their pricing better reflects market conditions.

“Whilst we have seen success rates drop slightly over the summer months as sentiment has declined, we still sold 361 lots in July alone, which takes our total number of sales this year up to 1,897. No other property auctioneer in the country can even approach these sorts of figures.”

Auction House has also noticed an increased number of former churches and chapels entered into its auctions, many of them with planning already in place. There have been ten across the UK so far this year – in Wales, Essex, Hampshire, Bedfordshire, and Cumbria, guided at prices from £15,000 to £200,000. Another three are coming under the hammer next month in Devon and West Yorkshire – including St Paul’s Church overlooking the town of Denholme on 6 September, being offered at a guide of £80,000 to £90,000.

St Pauls Church, Denholme, Bradford, West Yorkshire - extPress relase Photo 2

Steve Sprake added: “The range of properties on our books is growing ever wider and the categories of buyers and sellers are diversifying too.

“Certainly we’re seeing more private sellers coming to us, attracted by the certainty of the auction process in a climate where chain transactions are the cause of so many problems and delays. This also means that many more ready buyers – including first timers – are now purchasing at auction using mortgages or specialist finance, and often buying for owner occupation.

“With this in mind, we expect activity levels to rise again from the autumn.”