Harman Healy sold just under half of the 29 lots offered and posted its lowest one-day sales figure at its 1 October auction.
Total sales were £1.6m, compared with £4.5m at its August sale and £2.8m the previous month. According to Essential Information Group figures dating back to 2008, the auction house’s lowest sales were previously the £2.3m generated last July. The number of lots was also the smallest ever.
The top lot was a freehold semi-detached building arranged as four flats, in Folkestone, Kent, generating £17,580 pa. It was sold on behalf of a charity for £302,000, a 5.8% gross yield.
A freehold Cardiff terrace with an income of £17,400 pa arranged as three flats sold for £229,000, a 7.6% gross yield.
A detached vicarage farmhouse in Immingham, south of Hull, sold on behalf of North Lincolnshire council for £115,000. The partly boarded-up property had been fire damaged. The lowest priced lot was a two-bedroom terrace house in Hartlepool, Co Durham, that netted Hartlepool borough council £19,000.
The sale took place in Kensington Town Hall, W8.
