Lot 16 | Auction Ended -
51 Centenary Avenue, South Shields, Tyne And Wear, NE34 6PH
ON BEHALF OF LPA RECEIVERS: Three bedroom semi detached house which is Let at £550pcm.
A residential investment comprising a three bedroom semi detached house benefiting from double glazing and central heating (not tested). The property is currently Let at £6,600 per annum.
Result: Sold for £72,000
Current Bid: £72,000
25 bids
Lot 15 | Auction Ended -
13 Bowness Close, Peterlee, County Durham, SR8 5NG
ON BEHALF OF LPA RECEIVERS: Two/three bedroom semi detached house Let at £400pcm.
A residential investment comprising a two bedroom semi detached house benefiting from double glazing and central heating (not tested). The second bedroom has been partitioned to provide a third bedroom. The property is currently Let at £4,800pa. An Improvement Notice has been served by Durham County Council, a copy of which can be downloaded from the legal pack. Please note it is understood that the Receivers are looking to undertake these works.
Result: Unsold
Current Bid: £31,500
4 bids
Lot 14 | Auction Ended -
4 Bradford Avenue, Town End Farm, Sunderland, Tyne and Wear, SR5 4LD
ON BEHALF OF LPA RECEIVERS: Two bedroom mid terraced house Let at £550pcm.
A residential investment comprising a two bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let on an AST at a rent of £6,600 per annum.
Result: Sold for £59,500
Current Bid: £59,500
20 bids
Lot 13 | Auction Ended -
1 Quin Square, South Hetton, Durham, County Durham, DH6 2TN
ON BEHALF OF LPA RECEIVERS: Extended three bedroom end terrace house currently Let at £400pcm.
A residential investment property comprising a three bedroom end terrace that has a single storey extension to the rear. The property is currently Let at £4,800 per annum.
Result: Unsold
Current Bid: £54,000
5 bids
Lot 12 | Auction Ended -
35 Dryburgh, Washington, Tyne And Wear, NE38 7PU
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house arranged over three floors, Let at £475pcm.
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let at £5,700 per annum.
Result: Sold Post
Current Bid: £54,000
10 bids
Lot 11 | Auction Ended -
11 Durham Street, Seaham, County Durham, SR7 0DW
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £520pcm.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let on an AST at a rent of £6,240 per annum.
Result: Sold for £90,000
Current Bid: £90,000
7 bids
Lot 10 | Auction Ended -
32 Taunton Square, Sunderland, Tyne and Wear, SR3 4BD
ON BEHALF OF LPA RECEIVERS: Three bedroom semi detached house Let at £600pcm.
A residential investment comprising a three bedroom semi detached house benefiting from double glazing and central heating (not tested). The property is Let at £7,200 per annum.
Result: Sold for £85,000
Current Bid: £85,000
20 bids
Lot 9 | Auction Ended -
Flat 7 Park Hall, The Cloisters, Sunderland, Tyne and Wear, SR2 7QB
ON BEHALF OF LPA RECEIVERS: Two bedroom apartment currently let at £456 per month
A residential investment comprising a two-bedroom apartment positioned on the first floor of a modern and purpose built block, with two bedrooms, a bathroom, a kitchen and a living room which incorporates patio doors and a Juliet balcony. Externally, the flat is accessed via an intercom entrance and there are communal gardens to the rear. There is a lift in the block. We understand that the flat is let at £456 per month.
Result: Sold Post
Current Bid: £49,500
15 bids
Lot 8 | Auction Ended -
140 Knoulberry Road, Washington, Tyne And Wear, NE37 1JN
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £411pcm due to increase to £550pcm.
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is Let at £4,932pa and the Receivers are seeking an increase to £6,600 per annum from March 2024.
Result: Sold for £68,500
Current Bid: £68,500
19 bids
Lot 7 | Auction Ended -
6 Beatty Avenue, Town End Farm, Sunderland, Tyne and Wear, SR5 4QP
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £440pcm
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let on an AST at a rent of £5,280 per annum.
Result: Sold for £59,000
Current Bid: £59,000
29 bids
Lot 6 | Auction Ended -
3 Littleburn Close, Houghton Le Spring, Tyne And Wear, DH4 5HJ
ON BEHALF OF LPA RECEIVERS: Three bedroom semi detached house Let at £440pcm
A residential investment comprising a three bedroom semi detached house which is currently Let at an annual equivalent rent of £5,280. The property benefits from double glazing and central heating (not tested).
Result: Unsold
Current Bid: £61,500
4 bids
Lot 5 | Auction Ended -
35 Roxburgh Street, Sunderland, Tyne and Wear, SR6 9RP
ON BEHALF OF LPA RECEIVERS: Two/Three bedroom bungalow which is Let at £500pcm.
A residential investment comprising a two/three bedroom mid terraced bungalow benefiting from double glazing and central heating (not tested). The property is currently Let at £6,000 per annum.
Result: Unsold
Current Bid: £86,000
7 bids
Lot 4 | Auction Ended -
4A Lawnswood, Houghton Le Spring, Tyne And Wear, DH5 8JB
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house Let at £500pcm
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is currently Let at £6,000 per annum.
Result: Unsold
Current Bid: £52,000
8 bids
Lot 3 | Auction Ended -
78 Victoria Road West, Hebburn, Tyne And Wear, NE31 1LP
ON BEHALF OF LPA RECEIVERS: Three bedroom end terraced house which is Let at £433.33pcm.
A residential investment comprising a three bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is currently Let at £5,199 per annum.
Result: Sold for £90,000
Current Bid: £90,000
7 bids
Lot 2 | Auction Ended -
216 Gosforth Avenue, South Shields, Tyne And Wear, NE34 8RH
ON BEHALF OF LPA RECEIVERS: Three bedroom mid-terrace house let at £390 per month.
The property comprises a three bedroom mid-terrace house let at £390 per month. The ground floor provides a living room and a kitchen and the first floor comprises three bedrooms and a bathroom. Some refurbishment is required.
Result: Sold for £52,500
Current Bid: £52,500
7 bids
Lot 1 | Auction Ended -
7 Derwent Street, Easington Lane, Houghton Le Spring, Tyne And Wear, DH5 0HG
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom mid terrace in need of improvement
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a two bedroom mid terrace which has been extended to the rear to provide a double storey extension. The property is in a dated and poor condition and will require a scheme of refurbishment.
Result: Unsold
Current Bid: £44,000
8 bids
Lot 1 | Auction Ended -
Ma Bakers Cafe, Adjacent to A41, Prees Heath, Whitchurch, Shropshire, SY13 3JT
POSTPONED TO 24th APRIL ON BEHALF OF THE TRUSTEE IN BANKRUPTCY: Café and showroom premises let at an annual equivalent rent of £13,200 per annum
The property comprises a building that is currently being used by two businesses, with a café in the first two bays and at the rear is an antique centre with four attic rooms above. The property is currently let at £1,100 per month. Adjacent to the building is a yard/parking area and opposite is a large public car park and the premises benefit from a synergistic location close to a number of similar occupiers all attracting trade from HGVs and other traffic. Please note that the title and the area demised by the lease includes an area of land that is currently being used by the occupier of the house at the rear, known as Kings Meadow. There is an opportunity for a buyer to negotiate with the tenant of the cafe to alter their demise and then discuss with the owner of Kings Meadow a sale to them of the land they currently occupy on an unauthorised basis.
Result: Postponed
Minimum Opening Bid: £95,000
Lot 6 | Auction Ended -
63 Derwent Avenue, Maryport, Cumbria, CA15 7NG
ON BEHALF OF COURT APPOINTED RECEIVER: Vacant 3 bedroom semi-detached house in need of refurbishment
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a semi-detached 3-bedroom house. The accommodation comprises an entrance hallway, with a lounge, leading through to a kitchen at the rear, with a small WC located by the back door. At first floor is a landing, 3 bedrooms (2 doubles and a single) and a bathroom. Heating was via a gas combi boiler (not-tested) and water filled radiators. The property would benefit from refurbishment and some modernisation.
Result: Sold for £77,000
Current Bid: £77,000
62 bids
Lot 5 | Auction Ended -
53 Brindlefield, Wigton, Cumbria, CA7 9LY
ON BEHALF OF COURT APPOINTED RECEIVER: Vacant 2 bedroom semi-detached house in need of refurbishment
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a semi-detached 2-bedroom house. The ground floor consists of a reception room, kitchen and bathroom, with storage room under the stairs. At first floor is landing and 2 bedrooms. The property is part way through a scheme of refurbishment and not currently habitable. The kitchen has been stripped bare back to the brick in places, with exposed plumbing and no kitchen units are installed and this is mirrored in the bathroom at the rear, with the bath itself is missing, walls taken back to the bare wall in Places and exposed unfinished plumbing. Heating was via a gas combi boiler (un-tested) and water filled radiators. IMPORTANT PLEASE NOTE: Interested parties are advised that the title is not registered, and the Receiver does not have access to any title deeds to the property. The Courts have however granted the Receiver the power to sell this property as it was owned by the Defendant. The Receiver has a power of sale under an Enforcement Court Order (please see copy within the legal pack) and their solicitors have made an application to Land Registry for Possessory Title, but it has been rejected pending further information being supplied. As such we consider it likely the property is only suitable for cash buyers at this time and interested parties should obtain their own legal advice before bidding. An indemnity policy for lost title deeds/possessory title will also be provided by the sellers solicitor on completion (copy included within the auction pack).
Result: Sold for £70,250
Current Bid: £70,250
28 bids
Lot 4 | Auction Ended -
5 Arundel Street, Glossop, Derbyshire, SK13 7AB
OFFERED ON BEHALF OF ROBINSONS: Derelict 2 bedroom* mid terrace house
The property comprises a derelict 2 bedroom mid terrace house. *Please note that extensive works of renovation are needed and that there is currently no access to the first floor as the bottom half of the staircase has been removed. We assume that there are 2 bedrooms upstairs, but cannot confirm this. Our client has informed us that there is no gas supply, there is an electricity supply, and any purchaser will need to activate the existing electricity supply through a new provider . There is a water supply but it appears this may be linked with the Friendship pub adjoining and interested parties should assume that they will need to arrange a separate supply at their own cost after completion.
Result: Sold Prior
Minimum Opening Bid: £55,000
Lot 3 | Auction Ended -
55 Walsall Road, Lichfield, Staffordshire, WS13 8AD
ON BEHALF OF LPA RECEIVERS: Four bedroom detached house ideal for either a family home or an investor looking for a project.
The property comprises a four bedroom detached house which would make a perfect family home following some improvement works. The Master Bedroom benefits from an En Suite and there is off road parking at the front of the property together with a garden at the rear.
Result: Unsold
Current Bid: £370,000
22 bids
Lot 2 | Auction Ended -
35 Finings Avenue, Langley Park, Durham, County Durham, DH7 9UH
ON BEHALF OF THE RECEIVERS: Vacant 2 bedroom semi-detached house.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a 2 bedroom semi-detached house.
Result: Sold for £65,000
Current Bid: £65,000
8 bids
Lot 1 | Auction Ended -
7 St. Andrews Avenue, Washington, Tyne And Wear, NE37 1AH
ON BEHALF OF THE RECEIVERS: Residential investment comprising a 3 bedroom semi-detcached house let at £500 per month
Residential investment comprising an assumed (we have not inspected internally) 3 bedroom semi-detached let at £500 per month.
Result: Sold for £72,500
Current Bid: £72,500
11 bids
Lot 29 | Auction Ended -
23 Mill Lane, Warton, Preston, Lancashire, PR4 1AQ
Residential investment comprising a 3 bedroom mid-terrace house let at £650 per month with off road car parking space within communal nearby car park
*VIDEO TOUR AVAILABLE UPON REQUEST* The property comprises a 3 bedroom mid-terrace house that is to be sold with a tenant in situ. We understand the property is currently let at a rent of £650 per month.
Result: Sold Post
Current Bid: £79,000
3 bids
Lot 28 | Auction Ended -
15 Moor Street, Kirkham, Preston, Lancashire, PR4 2AU
Three bedroom mid terrace house which is Let at a rent of £550pcm
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* A residential investment comprising a three bedroom mid terrace house which is Let at £6,600 per annum.
Result: Unsold
Current Bid: £72,500
6 bids
Lot 27 | Auction Ended -
2 Wellington Street, Kirkham, Preston, Lancashire, PR4 2JN
Two bedroom end terraced house which is Let at £495pcm
Residential investment property comprising a two bedroom end terrace house which is Let producing £5,940 per annum.
Result: Unsold
Current Bid: £64,500
8 bids
Lot 26 | Auction Ended -
48 Butlers Meadow, Warton, Preston, Lancashire, PR4 1XL
Vacant two bedroom mid terrace house
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a vacant two bedroom mid terrace house.
Result: Sold for £72,500
Current Bid: £72,500
36 bids
Lot 25 | Auction Ended -
99 Caunce Street, Blackpool, Lancashire, FY1 3NE
Four bedroom mid terrace house Let on an AST at a rent of £625pcm
A residential investment comprising a four bedroom mid terrace house which is Let at £7,500 per annum.
Result: Sold for £70,000
Current Bid: £70,000
34 bids
Lot 24 | Auction Ended -
38 Cooper Street, Sunderland, Tyne and Wear, SR6 0NQ
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £465pcm
A residential investment comprising a three bedroom mid terraced house which has a single storey extension to the rear and benefits from double glazing and central heating (not tested). The property is currently Let at £5,580 per annum.
Result: Sold Post
Current Bid: £69,000
10 bids
Lot 23 | Auction Ended -
20 Furness Close, Peterlee, County Durham, SR8 2PB
ON BEHALF OF LPA RECEIVERS: Vacant three bedroom mid terraced house.
The property comprises a vacant three bedroom mid terraced house benefiting from double glazing and central heating (not tested).
Result: Sold Prior
Minimum Opening Bid: £35,000
Lot 22 | Auction Ended -
18 The Gables, Washington, Tyne And Wear, NE38 7DW
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terrace house Let at £390pcm.
A residential investment comprising a three bedroom mid terraced house with a single storey extension to the rear, benefiting from double glazing and central heating (not tested). The property is Let at £4,680 per annum.
Result: Sold for £62,500
Current Bid: £62,500
41 bids
Lot 21 | Auction Ended -
7 St. Pauls Terrace, Sunderland, Tyne and Wear, SR2 0HF
ON BEHALF OF LPA RECEIVERS: Two bedroom mid terraced bungalow which is currently Let and sold with the tenant insitu
A residential investment comprising a two bedroom mid terraced bungalow benefiting from double glazing and central heating (not tested). The property is sold subject to a tenant insitu, however, the Receivers do not have a copy of the tenancy agreement and the rent details are unknown. Interested parties should rely on their own enquiries.
Result: Sold Post
Current Bid: £39,500
10 bids
Lot 20 | Auction Ended -
60 Marigold Crescent, Houghton Le Spring, Tyne And Wear, DH4 6EG
ON BEHALF OF LPA RECEIVERS: Two bedroom end terraced house Let at £450pcm.
A residential investment comprising a two bedroom end terraced house benefiting from double glazing and central heating (not tested). The property is Let at £5,400 per annum.
Result: Sold Post
Current Bid: £38,000
7 bids
Lot 19 | Auction Ended -
88 Arnold Street, Boldon Colliery, Tyne And Wear, NE35 9BD
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £80 per week.
A residential investment comprising a three bedroom mid terraced house which benefits from double glazing and central heating (not tested). The property is currently Let at £4,160 per annum.
Result: Sold for £50,000
Current Bid: £50,000
11 bids
Lot 18 | Auction Ended -
26 Wedgewood Road, Seaham, County Durham, SR7 8JL
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom semi detached house in poor condition.
The property comprises a vacant two bedroom semi detached house in poor condition requiring a full scheme of renovation.
Result: Sold for £57,500
Current Bid: £57,500
23 bids
Lot 17 | Auction Ended -
23 Keswick Avenue, Sunderland, Tyne and Wear, SR6 8NN
ON BEHALF OF LPA RECEIVERS: Two bedroom semi detached house Let at £440pcm.
A residential investment comprising a two bedroom semi detached house benefiting from double glazing and central heating (not tested). The property is Let at £5,280 per annum.
Result: Sold Prior
Minimum Opening Bid: £95,000
Lot 16 | Auction Ended -
66 Houghton Road, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 9PQ
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom mid terraced house requiring refurbishment.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a vacant two bedroom mid terraced house which is understood to have previously been used as a cannabis farm. A full scheme of refurbishment will be required.
Result: Sold for £46,000
Current Bid: £46,000
71 bids
Lot 15 | Auction Ended -
22 Trevelyan Place, Peterlee, County Durham, SR8 2NL
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £380 pcm.
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let at £4,560 per annum.
Result: Sold for £50,000
Current Bid: £50,000
9 bids
Lot 14 | Auction Ended -
13 Frank Street, Durham, County Durham, DH1 2JF
ON BEHALF OF LPA RECEIVERS: Two bedroom semi detached house Let at £379.99pcm.
A residential investment comprising a two bedroom semi detached house benefiting from double glazing. The property is Let at £4,560 per annum.
Result: Sold Post
Current Bid: £72,000
8 bids
Lot 13 | Auction Ended -
40 Clovelly Road, Sunderland, Tyne and Wear, SR5 3LR
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom semi detached house in poor condition.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a two bedroom semi detached house which is in poor condition and will require a full scheme of refurbishment to include roof repairs.
Result: Sold for £51,000
Current Bid: £51,000
27 bids
Lot 12 | Auction Ended -
12 Edwin's Avenue South, Newcastle upon Tyne, Tyne and Wear, NE12 9AX
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £476.66pcm.
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is currently Let at £5,720 per annum. Please note we understand there is an issue with the roof and interested parties will need to satisfy themselves in this regard.
Result: Sold for £112,250
Current Bid: £112,250
82 bids
Lot 11 | Auction Ended -
49 Wynyard, Chester Le Street, County Durham, DH2 2TQ
ON BEHALF OF LPA RECEIVERS: Extended three bedroom mid terraced house which is Let at £455pcm.
A residential investment property comprising an extended three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let at £5,460 per annum.
Result: Sold for £60,000
Current Bid: £60,000
9 bids
Lot 10 | Auction Ended -
19 George Street East, Sunderland, Tyne and Wear, SR3 1HG
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced dormer bungalow Let at £476pcm.
A residential investment comprising a three bedroom mid terraced dormer bungalow benefiting from double glazing and central heating (not tested). The property is Let at £5,712 per annum.
Result: Unsold
Current Bid: £54,000
10 bids
Lot 9 | Auction Ended -
8 West Street, Sunderland, Tyne and Wear, SR3 1EU
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom mid terraced bungalow in poor condition.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a vacant two bedroom mid terraced bungalow with a dormer extension which is in poor condition. It is understood the property was previously used as a cannabis farm and a full scheme of refurbishment will be required.
Result: Sold for £42,500
Current Bid: £42,500
30 bids
Lot 8 | Auction Ended -
7 Wear Street, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 0AR
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom extended mid terraced house in poor condition.
The property comprises a vacant two bedroom mid terraced house which has been extended to the rear. The property is in poor condition and is understood to have previously been a cannabis farm. A full scheme of refurbishment will be required.
Result: Sold for £30,000
Current Bid: £30,000
11 bids
Lot 7 | Auction Ended -
39 The Avenue, Hetton-le-Hole, Houghton Le Spring, Tyne And Wear, DH5 9DQ
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £440pcm.
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let at £5,280 per annum.
Result: Unsold
Current Bid: £39,000
8 bids
Lot 6 | Auction Ended -
1 Blumer Street, Houghton Le Spring, Tyne And Wear, DH4 6LN
ON BEHALF OF LPA RECEIVERS: Vacant two bedroom end terrace house in poor condition.
The property comprises a vacant two bedroom end terraced house which is in poor condition and will require a scheme of refurbishment. Please note the first floor has not been inspected due to the condition of the property.
Result: Sold for £23,750
Current Bid: £23,750
28 bids
Lot 5 | Auction Ended -
20 Centenary Avenue, South Shields, Tyne And Wear, NE34 6QH
ON BEHALF OF LPA RECEIVERS: Extended three bedroom semi detached house Let at £440pcm.
A residential investment comprising a semi detached house which has a single storey extension to the rear and benefits from double glazing and central heating (not tested). The property is Let at a rent of £5,280 per annum.
Result: Sold for £55,000
Current Bid: £55,000
10 bids
Lot 4 | Auction Ended -
16 Blaydon Avenue, Sunderland, Tyne and Wear, SR5 4LL
ON BEHALF OF LPA RECEIVERS: Three bedroom mid terraced house Let at £525pcm.
A residential investment comprising a three bedroom mid terraced house benefiting from double glazing and central heating (not tested). The property is Let at £6,300 per annum.
Result: Sold for £60,000
Current Bid: £60,000
6 bids
Lot 3 | Auction Ended -
1 Margaret Court, Bowburn, Durham, County Durham, DH6 5DX
ON BEHALF OF LPA RECEIVERS: Vacant three bedroom semi detached house in poor condition.
*VIDEO TOUR AND VIEWINGS AVAILABLE UPON REQUEST* The property comprises a vacant three bedroom semi detached house benefiting from double glazing and central heating (not tested). The property is in poor condition and will require a full scheme of refurbishment.
Result: Sold for £74,500
Current Bid: £74,500
15 bids
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.