A three-bedroom house owned by Cornwall Council has sold in auction for three times its guide price following a bidding war that saw 94 bids being placed.
Tregilly Cottage, in Trewennack, just off the A394 between Falmouth and Helston, went for £154,000 - some £104,000 more than the guide price.
Described as being in need of an “extensive course of updating”, the freehold property was among 137 lots listed across southern England by Clive Emson Auctioneers, regional land and property auctioneers.
Katie Semmens, senior auction appraiser at Clive Emson Auctioneers, said: “There was a lot of interest in the property, which Cornwall Council instructed us to sell, with 94 bids made.
"The final bid came in at £154,000, which was £104,000 above guide price.”
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Also in the auction was a mixed-use premises at 70 Fore Street, Bugle, St Austell, arranged as a large four-bedroom house with an integral hairdressing salon. The freehold building had a guide price of £130,000-plus.
Re-available is a three-bedroom freehold property at 14 Trewellard Road, situated within the village of Trewellard, between St Just and St Ives. The semi-detached house had a guide price of £100,000-plus.
A semi-detached, freehold three-bedroom house at 14 Trewellard Road, Pendeen, Penzance, was guided at £100,000-plus.
The next auction by Clive Emson Auctioneers, the last of eight this year across southern England, takes place on December 13, with live bidding starting 48 hours before. Entries for lots close on November 20.
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