Auction gavel

Online Property Auctions: Tuesday 26th July 2022

Bidding commences at 1am and closes at 5 minute intervals from 12 noon

Properties will appear here when the catalogue goes live.

Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Additional fees to be paid by the buyer

The catalogue is usually printed ahead of the legal pack and we are unable to confirm any additional fees outlined in the Special Conditions of sale at the time of going to print.

We strongly advise checking for –

Auctioneer's administration fee – The amount of £900 including VAT is payable in all instances, whether buying before, at or after the auction.

Local Authority fees – it is common practice for Council clients to make an additional % charge to cover their legal, surveyors and selling fees. Amounts do vary.

Search Fees – some solicitors will reclaim the cost of carrying out searches from the buyer

VAT – Some commercial properties will be subject to Value Added Tax at 20%

Stamp Duty – This will vary, not only with the amount paid for the property but with the circumstances of the buyer and the property’s intended use.

Rent arrears – in the case of investment properties, the buyer may be responsible for the payment of any outstanding rent.

Contributions - to the seller's legal and/or auctioneer's costs.

Thinking of Selling a Property at Auction?

Speed and certainty at a competitive price!

  • Over 9,500 lots offered over 40 years – we have the experience!
  • Strong reputation and following - The auctioneers in the region
  • In excess of £50m sold in the last two years – Top price a record £1.61m
  • Specialists in dealing with empty unmodernised houses
Get in touch

Speak to an expert

Photo of Adrian Little

Adrian Little
FRICS
FNAVA

Senior Partner & Auctioneer
adrian@markjenkinson.co.uk

Or call: 0114 276 0151

2022 Property Auction Dates

25th January View Results

1st March View Results

12th April View Results

24th May View Results

28th June View Results

26th July Deadline 30th June

13th September Deadline 12th August

25th October Deadline 23rd September

6th December Deadline 4th November

View previous results

Latest News

£1.61m new record price for highest selling lot set at Sheffield auction

A new record for the highest individual lot price of £1.61m was set at Mark Jenkinson and son's latest online auction. Read more

Former chapel and office sell for more than twice guide price at £4m auction

A former chapel in Doncaster, an ex-office/retail unit in Sheffield and land in Barnsley all sold for more than twice their guide prices at Mark Jenkinson and son’s latest ‘fiercely competitive’ online auction. Read more

Popular lots sell for twice guide price in ‘exceptional’ £5m online auction

A parade of high-profile Sheffield shops, and a bungalow in one of the ‘best plots in the area’, both of which sold for nearly twice their guide prices, saw Mark Jenkinson and Son’s April auction hit sales of £5.25m. Read more

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