A PROPERTY auction has realised almost £6m.
Chartered surveyors Eddisons said that 67 of the 92 lots on offer found buyers at its latest two-day sale in Leeds and Manchester, representing a 73% success rate.
A number of lots exceeded their original guide prices.
Among the highlights was a vacant retail unit in Batley town centre.
The four storey property on Commercial Street which extends to about 3,985 sq ft was sold for £114,000 off a guide price of £100,000-plus. The building had been previously marketed at £169,000.
Elsewhere, a plot of land in Rastrick, which had contained a residential property prior to it being demolished in a gas explosion, sold for more than £30,000, double its guide price.
Residential stock included two tenanted properties in Linthwaite, each of which generate £4,620 a year and were sold individually for £40,000.
A further property on Hoyle House Fold, which is currently vacant, sold for £45,000.
Tony Webber, of Eddisons, which has offices in Huddersfield, said: “This was an excellent sale with a real cross section of lots selling.
“Buyers were prepared to spend that little bit more on stock which they felt offered greater potential for realistic returns in the short, medium and long term compared to traditional investments and pension funds.”
