Sheffield-based auctioneer Mark Jenkinson & Son sold £4.32m of property at its latest auction, a 92% success rate.
It was the firm’s best result so far this year.
Lots included Spitewinter Farm in Barlow in Dronfield, Derbyshire, which sold for £770,000 – £170,000 more than its guide price.
Adrian Little, head of auctions, said: “This was our strongest auction of the year so far and the sale of Spitewinter Farm played a big part.
“It represented an outstanding restoration and development opportunity, set in its superb rural location with views in all directions, and even with a reduction of land from 24 acres down to 15.5 acres, it still sold for an impressive £170,000 over the guide price.
“The demand for unmodernised houses, in particular, is extremely strong at the moment as smaller builders and investors seek out projects to be developing over the winter period in readiness for the spring market. As a general rule, ‘the worse the better’ seemed to be the theme.”
A two-bedroom semi-detached in need of complete renovation on Tunwell Drive, High Greave, Sheffield, was listed at £48,000 and sold for £72,000.
Mark Jenkinson & Son auctions has sold 215 of the 247 lots it has offered this year for a total of £23.5m, with an overall success rate of 87%.
