How to buy South Yorkshire property at auction

Buying property at auction in South Yorkshire is far less complicated than you might imagine. Of course at any auction the experience levels of the bidders will vary significantly, so having a specific budget in mind and not getting caught up by ‘fear of missing out’ in the heat of the moment are important if you don’t want to overpay.

Here at Mark Jenkinson we have years of experience of auctioning property in South Yorkshire and across the north of England and can therefore guide buyers well on how to make the most of the opportunities they may find at auction.

For those who are new to buying houses at auction, or those wishing to improve their expertise in auction situations, it is well worth checking out our complete guide to buying at online property auctions here. The advice and tips we provide in the guide can be applied to property auctions nationwide and also specifically with how to buy South Yorkshire property at auction.

In an online auction all you need to make bids is an account with Mark Jenkinson, a laptop, tablet or mobile and a stable internet connection. Online property auctions offer greater transparency in terms of the legal information available upfront about the properties and greater speed in terms of how long it takes to complete the purchase.

If you are buying a property through an estate agent in the typical private sale manner you may not be aware of how many other buyers are interested, which can sometimes force prices up and see you missing out on the home of your dreams or an ideal investment opportunity. However, in an online auction you will be able to monitor other interested parties offers in in real time, to give you a good sense of value.

In order to bid in one of our online auctions follow the steps described here. You will first need to create, or log in to, a Mark Jenkinson account.

You can search available lots on our website using the main navigation menu or in a specific property search of flats and houses that are coming to auction soon. If you’re looking for property in a certain South Yorkshire location simply add the postcode or the name of the town or city and our search tool will serve you with forthcoming auction property opportunities.

You then need to register to bid, whereby you complete an online auction bidding form. After verification of your registration to bid you’d take the next step of pre-authorisation of a Bidding Deposit.

You can then put a date in your calendar having consulted our Auction Diary. Once the bidding opens at a specific online auction you simply enter the amount you wish to bid, or your maximum bid.

The auction then unfolds, with other potential buyers submitting their bids and if you outbid them the property is yours, as successful bids in Mark Jenkinson online property auctions are legally binding.

South Yorkshire is well known for its main urban stronghold of Sheffield, alongside its three other metropolitan boroughs of Barnsley, Doncaster and Rotherham. The stunning Peak District sits to the west, with Humberside and the North Sea coast a short drive away to the east of the region. It’s a great place to live - and to invest - with strong local communities, good schools, thriving universities and a robust local business culture.

Geographically it is closely located to the nearby West Yorkshire conurbation of Leeds, Bradford and Huddersfield to the north, whilst Derbyshire and Nottinghamshire are just to the south. Meanwhile transport links to the Greater Manchester area to the north west are also excellent and only add to the richness and vibrancy of the area.

We provide comprehensive listings of properties that are due to go to auction in the coming weeks on our website, with a property search tool to help you identify relevant potential properties to acquire at auction across the South Yorkshire region and the wider north of England area.