Attercliffe shop is surprise star at BTG Eddisons' first live Sheffield auction since pandemic
“I regularly see people massively overpay for properties and they won’t be successful in any way”
A shop at the centre of a row over a new bike lane in Attercliffe sold for £155,000 over its guide price at auction.
Direct Shop and Sew on Attercliffe Road started at £220,000 and sold for £375,000 at the BTG Eddisons sale at Bramall Lane in Sheffield.
Owner Pauline Crawley said she was bringing forward her retirement due to upheaval from construction of a new bike lane, and a red route banning parking, outside the shop.
A petition against the new infrastructure has attracted more than 900 signatures, including from worried business owners.
But others say it will make the up-and-coming area more pedestrian and cyclist friendly as hundreds of homes are built in Attercliffe.
The shop was among 51 properties sold for a total of £6m at BTG Eddisons’ first live auction in Sheffield since February 2020, just before the first pandemic lockdown.
Sheffield auctioneer Lucy Crapper said it was a chance to showcase the excitement and opportunity of bidding for a property.
Dan Cheetham, of Fast House Buyers, said he was interested in 13 lots and had come from Cheshire to meet people in the sector.
But he warned against getting carried away.
“I regularly see people massively overpay for properties and they won’t be successful in any way.
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“Some people think they are automatically going to make money but then don’t. Even as a professional, it happens to me.”
Other sales on the day included dilapidated house in popular Meersbrook.
The six-bed property, ‘in need of complete modernisation’, on Meersbrook Park Road had a guide price of £250,000 and sold for £272,000.
The first lot was a terrace in Worksop which started at £10,000 and sold for £53,000 to a buyer in the room.
Other Sheffield sales include:
A semi at 25 Bowden Wood Avenue, S9, which was on for £95,000 and sold for £105,500
A semi at 144 Sheffield Road, Killamarsh, which had a guide price of £65,000 and sold for £86,000.
Eddisons said it had up to 30 staff at the event.
Earlier this year auction businesses Pugh, SDL Property Auctions, Network Auctions and Sheffield-based Mark Jenkinson were unified under the BTG Eddisons brand.