Went to an auction to bid on behalf of a friend this Sat. 3 weeks ago they were going to accept $245k to purchase an unrenovated 2br flat in a block of four in Newport, but my friend's finances (and access to deposit monies) were still another week away from being finalised. Another one in the block had sold (and partially renovated) for $245k.
They decided to go to auction, and 2 keen bidders (actually it seemed as if it was an auction cockfight...can you say that ), took the price of to $267,500.
I have noticed in other locals as well, strong interest in these lower priced unrenovated old style flats.
They decided to go to auction, and 2 keen bidders (actually it seemed as if it was an auction cockfight...can you say that ), took the price of to $267,500.
I have noticed in other locals as well, strong interest in these lower priced unrenovated old style flats.