£6m Halloween auction

The Halloween Sutton Kersh property auction saw some really spirited bidding – with more than £6.5 million raised.

The auction on October 31 saw 84 lots sold, with TV's Homes Under the Hammer at the Liverpool Marriott Hotel in the city centre to record all the action.

"This was another really successful auction, with many lots going for well above the guide price," said Sutton Kersh Auctions Associate Director Cathy Holt.

"Once again, people see good property as a safe haven in uncertain political times," said Ms Holt, who added that a record high of 40% of the lots were sold before auction.

Highlights from the lots sold on the day included a 3-storey, mixed use redevelopment opportunity in Garston, which - with a guide price of £75,000 – sold for £146,000 after a two-way bidding tussle.

A piece of land on Dale Street in Liverpool, with no guide price, sold for just under £10,000, while a mixed use investment property in Orrell Park went for £175,000 against a guide price of £135,000.

"With 80% of the lots sold – 10% more than the national average – and £6.5 million raised, this was a really successful auction, in line with all our auctions this year,” added Ms Holt.

"The popularity of mixed use lots repeated a trend we've seen throughout the year, with developers and investors seeing the attractions of this kind of versatile property."

Our next auction is on December 12th.