Sale of Century

23rd November 2015

Sale of Century

Loveitts have just experienced their best auction to date, ever!!  The last auction of 2015 took place last Thursday at the Urban Village Resort in Canley Coventry, and was definitely the Sale of the Century!!!

With a total of 30 Lots in the Catalogue, several were sold prior to auction, and 21 Lots were offered for sale live in the auction room.  Additional car parking arrangements had to be made with adjoining properties to assist with the overflow numbers of cars expected to arrive on the night.

The auction room itself was full to capacity, with over 400 potential purchasers there to bid and watch the course of events.

Kendall Head, Auctioneer, commenced the bidding with a property in Nuneaton, with a Guide Price of £45,000 - £55,000.  There were several competing bidders, and the fight was on!.  A final sale price of £78,500 was achieved and the hammer came down.  SOLD!!  The final property was a semi-detached house in Mancetter, with a Guide Price of £85,000 - £95,000.  The hammer came down at a sale price of £110,000!!!

Only 4 Lots were unsold on the night of the auction, with a total of £4.2 million worth of property sold on the night, a record for Loveitts.  So with very happy sellers and buyers, the night was considered an overwhelming success and Loveitts best Auction to date.

To join in the Loveitts auction success and enter your property into the first auction of 2016, on Thursday February 4th, please contact a member of the team NOW!!  Don’t leave it too late!!! 024 7652 7789.