Auctions

Newland Rennie hold regular property auction sales throughout the year. These include farms, smallholdings, agricultural land, barns for conversion, properties in need of renovation, ex-rental houses and flats, Local Authority and Housing Association surplus housing stock, as well as all types of town and country properties in high demand.

With the growing publicity of the auction world through programs such as ‘Under The Hammer’ vendors and buyers now see this as a serious alternative channel to market and buy properties.

Whether in the market place for a renovation project of city dwellings through to rural properties or agricultural land and buildings Newland Rennie has vast experience in all these arenas. Throughout the year we are involved in multiple auctions covering all the types of properties mentioned above.

Auctions give the vendor added benefits, which are not immediately evident.

  • Immediate Deposit:
    The first major advantage is that anyone bidding has to be in a position to effect a legally binding contract at the fall of the hammer, paying an immediate 10% deposit to the vendor’s solicitor.
  • No Re-Negotiation
    This ensures that prospective purchasers can arrange finance and cannot re-negotiate the sale price after a survey or disappointing valuation.
  • Timescale
    The time scale is pre-determined, usually with six/seven weeks marketing to the auction date and four-weeks to completion thereafter, with no lengthy delays waiting for legal enquiry answers, finance, or the usual matters that might cause delay on the Private Treaty route.
  • Exceeding Guide Price
    Auction fully tests the market place, allowing all interested parties to bid, and, as results show, guide prices can often be exceeded.

Auction will not suit all properties, and advice should be sought from the auctioneers as to whether it would be a suitable mode of sale for the particular property in question.

Map Only Showing Results 1 - 5 of 5

 Earlswood
bedrooms4   
bathrooms 1   
receptions 2   
Earlswood, Chepstow

Auction Guide Price £550,000

FOR SALE BY PUBLIC AUCTION 30 ACRES SMALLHOLDING, INCLUDING STONE BARN WITH CONSENT FOR RESIDENTIAL CONVERSION, 4 BED DETACHED BUNGALOW (SUBJECT TO AGRICULTURAL TIE) AND 3 LEVEL ENCLOSURES OF (...)
bedrooms4   
bathrooms 1   
receptions 2   
Derwen Fawr Farm Llangeview
Derwen Fawr Farm Llangeview, Usk

Auction Guide Price £180,000 - £200,000

DRAFT DETAILS A TRADITIONAL STONE BARN WITH DETAILED PLANNING CONSENT TO CONVERT TO A DETACHED THREE-BEDROOM RESIDENTIAL DWELLING, WITH ACCOMMODATION ARRANGED OVER TWO FLOORS, SITUATED IN AN ELEVATED (...)
Five Lanes
Sold STC
Five Lanes, Caerwent

Price on Application

TWO ENCLOSURES OF PASTURE LAND WITH ROADSIDE ACCESS.
 Earlswood
Sold STC
Earlswood, Nr. Chepstow

Auction Guide Price £50,000 - £60,000

A DETACHED STONE BUILT COTTAGE STYLE BUILDING ON WHICH A PRE-APPLICATION HAS BEEN MADE TO THE LOCAL PLANNERS WITH AN INDICATION THAT HOLIDAY CONSENT WILL BE CONSIDERED.
 Catsash
New
Catsash, Langstone

Price on Application

A SINGLE ENCLOSURE OF PERMANENT PASTURE WITH CONVENIENT ACCESS AND ROAD FRONTAGE TO CATSASH ROAD