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.

Your Comments

Read our comments policy here

Subscribe to our newsletter