Manors maketh money...

Tuesday, 19th June 2018, 4:26 pm
Updated Tuesday, 19th June 2018, 5:31 pm

Bedhampton Manor at Edward Gardens

A manor house with 16th Century origins near Havant has been sold through auction to a private buyer.Bedhampton Manor at Edward Gardens, Bedhampton, was among 175 lots being sold by regional land and property auctioneers Clive Emson.

Guided at £750,000-plus, and on a three-quarter acre plot, the freehold property was most recently in use to provide short-term residential accommodation for the elderly.

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Rob Marchant, Clive Emson’s Hampshire and Isle of Wight auctioneer, said: ‘There was keen pre-auction interest in Bedhampton Manor and a private buyer made an offer in excess of the guide price, which was accepted by the seller.’The property has 11 bedrooms, including five with en-suite facilities, a reception hall, five reception rooms, kitchen, utility room, boot room, a ‘useful’ cellar, three shower rooms with WCs, a cloakroom with a WC and a large, lawned rear garden.Meanwhile, two one-bedroom flats and a car repair garage at 143 Milton Road in Portsmouth sold for £231,000, which was an amazing £31,000 above the freehold guide price.

Rob said: ‘This was an unusual opportunity to acquire a mixed residential and commercial investment, with the ground floor flat and garage both let for a total of £13,320 per annum. Fully let, the previous rental income was £19,920 per annum.’

A three-bedroom semi-detached house at 39 Gibraltar Close, Fareham, fetched £150,000 freehold and comes with a rear garden and a garage in a nearby block.

Clive Emson’s next Hampshire and Isle of Wight auction takes place at 11am at the same venue – the Solent Hotel & Spa, Rookery Avenue, Whiteley, on Friday, July 27