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Successful South Yorkshire auction shows ‘there is strong market demand’

IAM Sold’s latest auction at the New York Stadium in South Yorkshire achieved its best success rate in the area for more than 12 months, with 32 of the 37 lots on offer sold under the hammer, raising a total of almost £2.5m.

Among the highlights of the company’s last sale was an 18th century stone built cottage on St. Johns Road in Laughton-en-le-Morthen which sold for £167,500, achieving £18,500 above the starting price.

A three-bedroom mid-terraced house on Gleadless Road, Sheffield, which sold for £82,000 also proved popular, as did a three-bedroom detached house on Serlby Lane in Harthill, which was snapped up for £270,000.

Jamie Cooke, managing director of IAM Sold, said: “This auction demonstrates that there is strong market demand, with several lots achieving above their starting prices, driven up by competitive bidding.”

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