Heb hits £6m auction figures
Nottingham property agent Heb has reported its busiest auction in two years after 86 per cent of the lots on offer were sold.
A fire-damaged property on Ilkeston Road was among the sites bought at the auction, which was attended by 300.
Including these latest sales figures, Heb said it had raised almost £6m from auctions this year.
Partner and auctioneer Matt Hilton said: "Lots particularly suited for auction sales include unusual properties or those with structural faults or fire damage.
"These are properties which are in a poor state of repair and seem to attract builders and developers; those people who are professional property buyers with cash funds and realise that auctions are an excellent trading environment, with the speed and simplicity of the transaction process only adding to the appeal."
