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Properties sell well at auction

Created on 26/09/2010 @ 09:22
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A traditional Welsh border cottage at Trewern and 39 acres of Llanfair pastureland were in diverse Shropshire, Cheshire and Mid Wales properties sold for a combined total of more than £1.1 million in just 35 minutes at a hugely successful collective auction in Shrewsbury on Thursday. 

Four other properties originally scheduled to go under the hammer, sold prior to the auction, which was held at Shrewsbury Town Football Club's Greenhous Meadow Stadium.
"The auction was a phenomenal success," said Allen Gittins, a director of leading regional auctioneers Halls. "To sell 13 out of 15 properties in the current increasingly challenging property market is, quite frankly, staggering.
The lots ranged from a traditional Welsh border cottage smallholding and renovation projects to a former limestone quarry and blocks of pastureland.
Top priced lot in the auction was 39 acres of pastureland with some woodland at Dolau, Llanfair Caereinion, which sold for £190,000 (nearly £4,900 an acre). A second block of 24 acres of pastureland at the same farm sold for £108,000 (£4,500 an acre).
Far Hill Cottage at Moel-y-Golfa, Trewern, near Welshpool, a traditional two-bedroomed cottage smallholding with two acres of grounds and paddocks and glorious views over the Powys-Shropshire border, sold for £134,000.

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