LOVE ME TENDER
Quay Living is pleased to confirm the sale by tender of Flat 19, Stretton Court, Ashley Cross. As Sales Manager, James Buller points out, “not all sales are best served by traditional private treaty. Stretton Court was one such property – it was in need of complete refurbishment, but offered good potential in a great location. The vendor needed to sell the property quickly to cover care fees, so speed and certainty were essential. We advised our client to pursue a sale by informal tender, which maximizes market exposure in a defined timescale.”
Quay Living brought the property to the market seeking offers in excess of £150,000. It conducted 22 viewings over three open days, and received a total of nine bids from a wide variety of potential buyers, from first-time buyers to seasoned property traders. The tender process took just 28 days from sale instruction to offer acceptance, and the successful bidder paid more than £30,000 over the guide price.
Says James, “our client was very pleased that we achieved such an outstanding result for him in such a short timescale. It just goes to show what can be achieved by other sales methods, and Quay have experience in offering both tender and auction sales”. Quay is happy to advise prospective clients how best to market their properties and James can be contacted on 01202 683444.