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@inchpincher
I went to about six auctions a couple of years ago with the intention of buying with my dad to flip. I did tons of leg work viewing and researching and every time the flats went for mental money, guide price £250k would sell for 400k+.
Also the state of some the houses was unreal, cracks you could put your hand through, fucked leases, strange covenants on the building, etc. Every property I viewed was at auction for a reason and not just because it was in probate.
Homes under the hammer lied to me.
In other news, we also exchanged yesterday and will complete on the 19th, pulled the trigger on architect, windows company, asbestos removal and lintel repairer today. Boom.