Fire-damaged property sells for £40k in £4.6m auction

A fire-damaged house that went under the hammer without a reserve and sold for £40,000 was one of the highlights at Mark Jenkinson and Son’s October auction.

Located in Thurnscoe, Rotherham, the semi-detached house – damaged by fire in 2018 – had a freehold plot of 202 square metres with gardens, a driveway and no reserve. It sold for £40,000 and was one of 30 lots which sold at the auction for a total of £4.66 million.

The top sale at the auction was for Speight House at Stannington. The substantial stone-built detached farmhouse features stables and garages set in approximately 4.99 acres, and sold for £782,000.

There was also 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.

Additionally, three lots 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 Hallamshire Hospital on Wellesley Road in Sheffield.

In Derbyshire, five dilapidated farmhouse and land lots achieved a total of £458,000, including Ramshaw Farm in Dronfield, set in 3.47 acres, which sold for £210,000 – £60,000 above the guide of £150,000.

Adrian Little, head of the auction department at Mark Jenkinson and Son, says: “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%.”

“This was Mark Jenkinson’s 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.”

Mark Jenkinson’s next auction will be held in the Platinum Suite, Sheffield United Football Club on December 10 from 2pm.