Nice one malc,
The monies in place, up to what I think its worth to me as a project. Unfortunately it is more then likely going to be worth slightly more to someone else whos intending to have it as their family home, there was a lot of interest on the open day so im not holding my breath will see what happens on the 26th.
they do sell for over the estimated price, that is just to attract a good amount of bidding.
you could go along to the estate agent who has put the property up for auction and make them an offer sometimes they will accept and take it out of auction. i did this on the last property that i purchased, i told the estate agent that i would purchase it. he answered what do mean? i said i will meet the asking price. he informed the vendors they accepted.