Property Renovations Ely Ltd

Attended the JHWalter Property Auction at the Bentley Hotel in Lincoln. Much of the auction items consisited of land and sold for guide price in most cases. As usual there was a bogie, which was a 0.66 Acre of woodland at Winson Hill, Egmanton, Newark. Priced at £5,000 this was clearly going to sell for a lot more…

Upon announcing this lot, the bidding frenzy began and eventually ended up at £16,500. All round a good days work the for the auction house.

Next auction planned for the Autumn 2007, with the typical 20+ lots included, could be more land than property. I guess we will have to wait and see…