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.   

In the third online auction of the year – described by the auctioneer as ‘exceptional’ – 27 of the 30 lots (90%) sold for £5.25m, after a total of 1,134 bids were made by 123 bidders.   

The top price of the day was £750,000 for the parade on Chesterfield Road, Woodseats. The shops – three of which are let, and all requiring varying degrees of refurbishment – had a guide price of £400-450,000.    

The three-bedroom detached bungalow, in need of complete modernisation and close to Whirlow Hall Farm, had a guide price of £350,000 but sold for nearly twice as much at £662,000.   

Adrian Little, head of the auction department at Mark Jenkinson and Son, said: “There is a shortage of properties on the market – possibly due to COVID. People are also online more, and our online auctions are working really well – we had buyers from as far as Carlisle in the north and Kent in the south. We have seen unprecedented demand over the last few weeks, but this was exceptional.”