Symonds & Sampson’s November Auction, held in Sherborne, was another well attended event with strong prices for properties in Dorset and Somerset.  Auctioneer Mark Lewis said “A lot of the properties were development opportunities or land with long term hope value and people were certainly prepared to take the risk.”

Key results included:

Land at Beer Hackett near Sherborne, 4 acres on the edge of the hamlet, sold for £55,000.

A potential development land at Nunney Catch near Frome sold for £52,000 and an industrial site at Gibbs Marsh, Stalbridge, sold for £53,000.

An investment property in Mere, a one bedroom flat with a potential income of £5,000 per annum, sold for £50,000, giving a very good 10% return on capital, whilst a development in Wimborne with a house and two residential building plots, sold for £513,000.

A property in Weymouth, with a guide of £300,000 sold for £350,000, whilst a bungalow in Misterton near Crewkerne sold for £149,000.

Sales were agreed post auction on a number of other lots making the day a great success.