Lisburn apartments beat reserve price at auction

By The Newsroom

Published 22nd Jun 2012, 10:00 BST

A DEVELOPMENT of nearly completed city centre apartments, which at the height of the property boom were estimated to be worth £1.5 million, sold at auction last week for £310,000.

The development, Laganville Court in Warren Gardens, comprises eight apartments, four of which are close to completion.

The property was the most expensive lot on the auction list and its sale price of £310,000 comfortably exceeded its maximum reserve price of £250,000.