Dawsons' auction at the Marriott Hotel

Going, going… all gone – Dawsons enjoy 100 per cent success at auction

To buy or sell at an auction is proving a popular choice among Swansea property owners as was proved at Dawsons Property’s latest event.

To mark the half year position with a bang, Dawsons’ recent auction was a complete sell out, with 100 per cent of the available stock being purchased, which included a Grade Two listed church and a large run down Manor House in Mayals.

A modern auction is great for people looking for unusual properties and they have become increasingly popular with buyers who want to avoid the traditional house buying chain.

One of the main lots at the auction was St Paul’s Church in Plasmarl.

Dawsons Sales Negotiator Corey Ashford said: “St Paul’s Church was quite an unusual and quirky lot – not a lot of Grade II churches come up in the area.  We set the guide price at £75,000 and were absolutely thrilled to see if reach £90,000 on the day”

Property auctions are in vogue and are becoming an increasingly popular avenue for buyers and sellers and are fast catching up with the more conventional ‘private treaty’ route for homeowners.

This was proved at their recent event when many of the lots under the hammer went for considerably more than their guide price “In fact, two of the auction lots – 2-3 Llewellyn Circle and 30 Parkway both went for twice their guide price.

Dawsons Senior Partner Chris Hope insists: “Nowadays it’s a successful way of selling properties and getting the full price the market will pay. It is not all about a property which is battered and bruised, which no-one wants to buy “a property auction provides a rich variety of property types.”

Dawsons’ auction department has sold 94 per cent of the properties they have marketed so far in 2017. With an ever growing team, the auction department is thriving. Having had three auctions under the hammer so far, 2017 looks to be Dawsons’ greatest year to date for the team.