A Sheffield auctioneer has topped the Yorkshire and Humber results tables for 2019 with sales of more than £32million – in the same week its second auction of 2020 realised sales totalling £3.85 million.
Mark Jenkinson and Son recorded the best results in Yorkshire and the Humber for 2019, in a report published by Essential Information (EI) Group. Following January’s £2m auction, Mark Jenkinson’s second auction of 2020 sold 28 of 30 lots for £3.96 million, a 93 per cent success rate.
Several ‘properties with potential’ were sold including a detached bungalow on Hathersage Road in a 0.44-acre plot in Dore, Sheffield with structural issues and a guide price of £350,000, which went for £445,000.
Adrian Little, Head of the Auction Department, said, “This auction was extremely busy and saw some outstanding individual results. Our sales so far this year reflect a confident market and a shortage of ‘properties with potential’ to meet the ever-increasing demand from builders, developers and investors, large and small. It is encouraging to see strong demand for land, particularly sites being offered without planning, where buyers can start from scratch and work up suitable residential schemes.”