Lee-on-the-Solent garage sells for £17,000 at property auction – double the expected price

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    It was among 163 lots listed by Clive Emson Auctioneers, the property auctioneers and a member of Portsmouth Property Association.

    And they weren’t the only garages to prove popular – nine lock-up garages/stores in Hawthorn Crescent, Cosham, Portsmouth, fetched £170,000 freehold. They are currently let for a total £10,080 per year.

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    For sale in Portsmouth: Detached home in Penrhyn Avenue, Drayton

    This garage in Headley Close, Lee-on-the-Solent was sold at auction by Clive Emson Auctioneers for £17,000 on September 21, 2022

    Mike Marchant, a senior auction appraiser with the firm, which has its regional office at Whiteley, said: ‘There was a good range of properties which sparked keen bidding interest.’

    An end-of-terrace two-bedroom property in St Anns Road, Southsea, which was described as ‘for improvement’ sold for £196,000.

    The sale of a freehold six-bedroom home of multiple occupation and a pair of flats at 30 St Ronans Road, Southsea, with a guide price of £600-650,000 was postponed. It currently generates £63,480 per year.

    The next online auction by Clive Emson Auctioneers ends on November 2.

    https://www.portsmouth.co.uk/lifestyle/homes-and-gardens/lee-on-the-solent-garage-sells-for-ps17000-at-property-auction-double-the-expected-price-3855388

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