We say to our clients & purchasers alike, the key benefit of buying/selling at auction is the ‘pace’ of the transaction – but even we were aghast at the speed of this sale – just 3 hours between OFFER ACCEPTED TO EXCHANGE!
Wellesley Court,
Fitzalan Road,
Littlehampton,
BN17 5JW
Guide Price £1,700,000
A substantial freehold investment set in extensive grounds, nestled below the South Downs & alongside the River Arun – offered a unique investment opportunity for any purchaser. Producing approximately £100,000 pa and with potential for development/refurbishment, we had 2 offers from purchasers keen to secure the property.
Ultimately, within 3 hours of receiving an acceptable offer to purchase this freehold investment, we exchanged contracts with completion set for 35 days there after, under an auction contract. This is where, in our capacity as Auctioneers being able to draw up & exchange contracts without needing to wait on Conveyancers, enables us to provide a slick, speedy service – exchanging at 7.30pm that evening. Our client was delighted!