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That wasn't pretty but I can see the potential in it. Auctions are good in the sense that you can actually get an idea of the market interest in the place without listening to agent hoopla. When it is passed in you then gain an advantage as you know the highest non vendor bid. My tactic would...

I don't bid at auctions and never invest too much $ or effort in them but I will be around to pick the scraps up if worthwhile. Now that its gone let us know the property and some of the forumites will venture an estimate as to its worth. Then let us know what it went for.