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» Sell an Eastbourne Property at Auction
The benefits of an auction sale include speed, reliability and transparency – which can help in achieving a high sale price. An auction is best suited to properties requiring modernisation of with development potential, for example probate/inherited properties. This guide is intended to provide property owners with a brief overview of selling at auction.
Last updated by Mark Grantham on 30th January 2021
The fee for selling your Eastbourne property at auction will be in the region of 2%+VAT of the final sale price – that’s only paid when the property successfully sells. That’s no different from the cost for selling anywhere else in the country. Some auctioneers also charge an upfront entry fee of around £200+VAT.
Read our special guide for more information about the costs incurred when selling your house at auction
Although there are no property auctioneers based in Eastbourne itself, there are a number of local auctioneers that cater for the town.
The following three auctioneers regularly list Eastbourne properties.
Address: 83 Bates Road, Brighton, East Sussex BN1 6PF
Phone: 01273 504 232
Fox & Sons Auctions
Address: 32/34 London Road, Southampton, Hampshire SO15 2AG
Phone: 02380 338 066
Auction House Sussex
Address: 37 Vernon Terrace, Brighton, East Sussex BN1 3JH
Phone: 01273 201 989
If you’re considering selling your Eastbourne property at auction you might be interested to see some past auction sales for properties in Eastbourne.
Property address: 140 Willingdon Park Drive, Eastbourne, East Sussex BN22 0DG
Description of auction sale: Freehold, detached bungalow, two floors, 5 rooms, garden & garage. Sold at auction in October 2017 for £360,000.
Property address: 158 Bridgemere Road, Eastbourne, East Sussex BN22 8TY
Description of auction sale: Unmodernised, freehold semi-detached house with 5 rooms. Development potential subject to planning permission. Sold at auction in August 2017 for £232,000.
Property address: 147-149 Terminus Road, Eastbourne, East Sussex BN21 3NU
Description of auction sale: Commercial property – freehold building on three floors. Rented to a clothing retailer with an income of £95,000 per year. Sold at auction in May 2017 for £1,505,000.
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