Charity officials in Axminster to see estate fetch £1,117,000 at auction

Midweek Herald: Gelsmoor, at Uplyme, fetched £134,000 above the guide price at UplymeGelsmoor, at Uplyme, fetched £134,000 above the guide price at Uplyme (Image: Archant)

Cancer Research UK officials left Axminster with more than £1million for their life-saving work last week.

They were at an auction run by estate agents Symonds and Sampson where a 105 acre farm at Blackdown was sold on behalf of the charity for a massive £1,117,000

The charity was the sole beneficiary in the Temple Farm estate which exceeded the guide price by nearly £200,000.

The sale consisted of a period farmhouse for complete renovation set in 55 acres, which sold for £662,000 and three lots of adjoining pasture land, marshland and coppice which sold for well above the guide prices, ranging from £6,344 an acre to £13,407 an acre.

Representatives from Cancer Research UK had travelled down from London for the auction and went home very pleased with the result.

Also leaving the auction delighted were the owners of

Gelsmoor, at Uplyme, a bungalow for renovation or redevelopment in large level garden with sea views. The property was keenly contested, and the hammer went down at £434,000 to delighted buyers leaving several very disappointed under bidders. The guide price for the property was £300,000.

Also sold in the room was a shop at Ilminster. Symonds and Sampson are now inviting entries for our next Axminster Property Auction, for an auction appraisal of your property please contact Paul Longridge-Berry or Ross Willmington on 01297 33122.