Stunning Cliffside Bungalow and Other Properties in High Demand at 250th Clive Emson Auction

In a recent auction held by Clive Emson Auctioneers, a variety of properties across Cornwall saw significant interest and competitive bidding.

This auction, marking Clive Emson’s 250th since its inception in 1989, featured 175 diverse lots and highlighted the robust demand for property in the region.

Cliffside Bungalow Overlooking Porthcurno Beach

A bungalow in an idyllic cliffside location overlooking Porthcurno Beach fetched an impressive £423,000, significantly exceeding its freehold guide price of £395,000. The one-bedroom chalet-style property, named Porthscylla, is situated on approximately 0.78 hectares (1.94 acres) of cliffside land near the renowned open-air Minack Theatre, an area popularised by the TV series Poldark.

Senior Auction Appraiser Katie Semmens noted, “Bidders recognised the rare opportunity to acquire this chalet-style bungalow in a truly stunning location overlooking picturesque Porthcurno beach. There was keen bidding which quickly exceeded its guide before the gavel fell on the final bid.”

Commercial Property in Helston

The auction also saw the sale of a commercial property in Helston town centre, let to WH Smith, for £196,000. Listed with a guide price of £150,000, the property offers a retail area on the ground floor with offices, storerooms, and additional facilities above, alongside a courtyard garden and car park. This property promises a gross rental yield of nearly 11%, making it a valuable investment.

Katie Semmens commented, “This attractive building drew strong bids from investment landlords. The new owner has made a great addition to their portfolio with a gross rental yield of 11% per annum, with potential for future development.”

End-Terrace Cottage in Lanner

A two-bedroom end-terrace cottage in Lanner sold for £102,000, double its guide price of £50,000. The property, featuring a courtyard and garden, attracted significant interest from builders, owner-occupiers, and investment landlords looking to improve and resell into the market.

Detached Bungalow in Carnmenellis

A detached bungalow in Carnmenellis, with far-reaching views towards Stithians Reservoir, sold for £200,000, surpassing its guide price of £185,000. The two-bedroom property was another highlight of the auction, demonstrating the continued demand for homes in scenic locations.

Detached Bungalow in Voguebeloth, Illogan

Another notable sale was a detached bungalow in Voguebeloth, Illogan, which went for £121,000, just above its guide price of £120,000. This two-bedroom property was of interest to various buyers, including those seeking residential investments.

Former Farm Buildings Near Newquay

A parcel of former farm buildings and land near Newquay sold for £110,000, within its guide range of £100,000 to £125,000. The property, auctioned jointly with The Property Shop of Bodmin, had outline planning permission for a house, making it an attractive prospect for developers.

Land Near St Just

A piece of land near St Just sold for £147,809, significantly above its guide price of £45,000. This site, including moorland and a well-maintained garden with a summerhouse, drew strong interest from bidders.

Katie Semmens highlighted the appeal, stating, “This beautiful slice of the Cornish countryside proved immensely popular at auction. It attracted strong bids from a number of interested parties before finally selling at more than £100,000 above its freehold guide.”

Industrial Estate Land in Launceston

An unusual sale was land on the Newport Industrial Estate in Launceston, which was snapped up for just £10. This 0.01-hectare parcel provides access to several light industrial units and was sold at the instruction of Cornwall Council with a nil reserve price.

Upcoming Auctions

Clive Emson Auctioneers will hold their next auction, the fifth this year, ending on Wednesday, 24 July. Bidding will open 48 hours beforehand, with lot entries closing on 1 July and the online catalogue available from 5 July. For more details, visit Clive Emson Auctioneers.

This milestone auction underscored Clive Emson Auctioneers’ reputation for selling with skill, speed, and efficiency, and highlighted the ongoing strong demand for properties in Cornwall.