Rural Dorset cottage sells for under £ 150,000 at auction

A HOUSE in North Dorset sold for just £ 130,000 in an online auction.

Pink Cottage, based in Rixon, Sturminster Newton, was on the market for the first time in more than 40 years by auctioneers Symonds and Sampson.

The cottage has a living room, dining room, kitchen, bathroom and cloakroom on the ground floor with two bedrooms on its first floor and a third room which can be transformed into another bedroom or an office.

The end terrace property has been described as ‘offering buyers a rare chance to renovate a chalet in Sturminster Newton’ and has not been occupied for four years and needs to be refurbished and modernized.

You can see more photos of the property in the interactive gallery above

The Pink Cottage in Rixon, Sturminster Newton sold for just £ 130,000 at an auction. Image: Symonds & Sampson

With a indicative price of £ 100,000, the rural property caught the attention of online bidders before being sold for £ 130,000. By comparison, the average home value in the area is £ 332,480.

Following the auction, auctioneer Mark Lewis said: “It was a perfect storm to have the right lots at the right time, and everyone now seems to be quite familiar with the live streaming system.

“We were delighted to welcome Graham Barton of Homes under the Hammer fame to the auction. He joins the company with a wealth of experience and will lead our Devon and Cornwall auctions in the future.

“At its peak, over 600 people were watching the live stream, with enormous interest in the variety of lots and seeing over 4,500 legal documents uploaded prior to the sale.”

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