Published: Apr 4th, 2016
Row of garages in south east London sell for the same price as a three-bed house in Manchester
A row of four tatty garages in south-east London has been sold at auction for almost £140,000, more than three times the guide price.
Jamie Royston, director of Auction House London – which conducted the sale at the Landmark London Hotel – said: “There is currently a big appetite for property with potential. Even if there is no planning for a site, buyers are now willing to take risk in order to try to achieve that goal.”
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Andrew Binstock
Co-Founder & CEO of Auction House London
Andrew is widely considered to be one of the best auctioneers in the UK with his energetic and passionate style combined with his ability to entertain the audience and his refusal to bring the gavel down until the very last pound has been extracted.