Latest Sutton Kersh sale nudges £4m
Sutton Kersh sold 70% of the lots offered at its latest Merseyside property auction, generating proceeds of over £3.7m.
The performance in the room was supplemented by a large number of lots which sold prior and, with strong post sale interest in unsold stock, the final figure could exceed £4m.
Highlights included a pair of vacant three-storey mid-terrace properties in Chester, comprising retail, commercial and residential space. Guided at £100,000 to £125,000, competitive bidding saw the lot achieve £189,000.
The first lot of the day, a three-bed extended semi-detached house on Blackmoor Drive in Liverpool L12 which was guided at £110,000, and was sold for £140,000.
Bidding wars were a feature of the sale, typified by a three-bed mid-terrace on Hampden Grove in Birkenhead which achieved £64,000 off a guide of £40,000.
A vacant three-bed semi-detached house in Ormskirk sold for £122,000. Melbourne on Burscough Road enjoys views over open countryside and following refurbishment will offer occupation, investment or resale opportunities. The guide price was £100,000 to £110,000.
Sutton Kersh is now inviting instructions for its next sale which takes place on 11 September. The catalogue closes on 15 August.
