We are preparing for our final auction of the year which will take place at 12 noon on the 8th December at the Liverpool City Centre Marriott Hotel (L1 1RH).
The catalogue comprises 66 properties including two former pubs and a substantial vacant residential property on Rodney Street.
So far, five residential properties and one commercial unit have sold prior. They include 63 Stonehill Street, 11 Jersey Avenue, 37 and 41 Cranborne Road, 7 Cotswold Street, and 31/33 Stafford Street. A vacant commercial property at 167 Smithdown Road had been withdrawn, leaving 60 properties up for grabs in the auction room.
The freehold of former public house 'The Watchmaker' in Whiston will be offered for sale as lot 5. Located in a predominantly residential area on the corner of Lyneham and Driveway Whiston, the premises benefits from three-bedroom living accommodation on the upper floor and off-road car parking. It is guided at £100,000+.
The former Old Barn Pub on Stonehill Street in Anfield is also available and is guided at £50,000+. The end terrace, three-storey building with cellars, a function room, self-contained living accommodation on the upper floors, and a garage will be offered with vacant possession. It is suitable for use as existing, or conversion into a single residential dwelling or flats, subject to the necessary planning consents.
Lot 63 is a vacant residential property located at 52 Rodney Street. The substantial, grade II listed Georgian terrace building is in need of modernisation and repair and is guided at £170,000 - £225,000. The living accommodation is arranged over 5 floors, and to the rear there is a garden and a double fronted garage. Subject to the necessary planning consents, the property is suitable for a variety or uses.
We are hoping to continue the success achieved at our October auction when 85% of the 65 properties available were sold for a total in excess of £2.6million.
Cathy Holt, auction manageress at Sutton Kersh comments “The market has been relatively steady this year. We had a great result in October and we are hoping for the same again. There are lots of cheap deals up for grabs, and with the next Liverpool auction not due to take place until February next year, we are hoping investors and potential home buyers will be out in full force.”