LAND close to Huddersfield University – with planning consent for two buildings providing 38 student bedrooms – has been sold at auction for £75,000.
Elsewhere, a portfolio of three vacant units at Oats Royd Mill, Luddenden, near Halifax, sold for £106,000 off a guide of £60,000-plus at the property auction run by Eddisons.
And a parcel of public open space woodland in the Thornhill district of Dewsbury sold for £500.
Eddisons reported that in total 71 or 65% of the 109 lots offered at the two-day sale in Leeds and Manchester found buyers, generating proceeds of more than £5.2m.
Tony Webber (pictured), of Eddisons, said: “There was strong demand for higher priced property offering good value for money, which contributed to the excellent overall performance.
‘Investors clearly had cash to spend and were particularly attracted to vacant property with long term potential and tenanted stock giving reasonable returns.’
Eddisons, who already hold 16 auctions annually in Leeds and Manchester, will stage their first Irish auction in Dublin on November 15, followed by a first-ever London auction on November 21.