Fire-damaged property with no reserve sells for £40k in £4.6m auction

Fire-damaged property with no reserve sells for £40k in £4.6m auction

A fire-damaged Rotherham house that went under the hammer without a reserve selling for £40,000, and a Sheffield farmhouse going for more than £780,000 were among the highlights of a 'very busy' £4.6m Mark Jenkinson and Son October auction.

Damaged by fire in 2018, the semi-detached house in Thurnscoe, with a freehold plot of 202 sqm with gardens and driveway and no reserve, went for £40,000 and was one of 30 of the 36 lots which sold at the auction for a total of £4.66m.

Top price at the auction, held at The Platinum Suite, Sheffield United Football Club, was £782,000 for Speight House at Stannington, a substantial stone-built detached farmhouse with stables and garages set in approximately 4.99 acres.

There was considerable interest in garage sites sold on behalf of local authorities including a lot in Thurnscoe of approximately 0.4 acres with residential potential which went for £172,000 against a guide of £60,000.

Three lots also sold for in excess of £500,000 each including a two-acre site at Stonegravels, Chesterfield, and an imposing stone-built detached house close to the Hallamshire Hospital on Wellesley Road in Sheffield.

Also going under the hammer were five dilapidated farmhouse and land lots in Derbyshire achieving in total £458,000, including Ramshaw Farm in Dronfield, set in 3.47 acres, which sold for £210,000 – £60,000 above the guide price of £150,000.

Head of the Auction Department Adrian Little said: “This was our best run of three auctions for some time. With July, September and October’s auctions combined we saw 114 of the 129 lots sold for £15.73million – that’s a very healthy overall success rate of 88 per cent.

“This was our seventh auction of the year and was a very busy one, putting us in a very good position for our December auction with lots already received from Hull and Bassetlaw Councils.”

 

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