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

24th October 2019

Thurnscoe

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.”

Our next auction will be held at 2pm prompt at Sheffield United on December 10.

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