Sutton Kersh February catalogue out
A three-storey Victorian terraced property in Hope Street, Liverpool, is for sale for around £475,000 at the next Sutton Kersh auction in February.
The building has been converted to provide 10 rooms to let. The property currently produces income of more than £52,000 each year.
Subject to planning permission the basement could be converted to provide a further two or three rooms, increasing the potential annual income to £62,000.
Sutton Kersh has 85 lots available at its first property auction of the year taking place on 12 February at the Liverpool Marriott Hotel.
A vacant three-storey commercial property in Birkenhead is for sale at a guide price of £100,000. The property on Grange Road includes a ground floor retail unit, along with office accommodation in the basement, first and second floors.
A vacant extended four-bedroom detached house in Wavertree is guided at £165,000. The property on Queens Drive, close to the Rocket flyover, is described as offering good family accommodation in a popular and well-established residential location.
Cathy Holt, joint Head of Auctions at Sutton Kersh, said: "Wavertree is an extremely popular area particularly with families, given the easy access to good schooling and the general amenities on Allerton Road. The property will suit owner occupation, resale or investment purposes."
At its seven auctions in 2014 Sutton Kersh sold 520 lots and generated total proceeds of £40m.
