71 property deals to be auctioned on 6 September

Sutton Kersh Auctions will offer seventy one properties at Liverpool's first auction since the summer break. The event will take place at 12 noon on the the 6th September at the Liverpool City Centre Marriott Hotel.

Lot 1 in the catalogue is a vacant residential property on Greenbank Road in Allerton. The mid-terraced property has four-bedrooms and benefits from double glazing and central heating. Following some refurbishment work the property would be suitable for occupation or as a student let and is guided at £125,000+.

A commercial investment on Allerton Road which is currently trading as Allerton Bar & Restaurant is also up for grabs. The premises comprise a two storey mid terraced building with a licensed bar area with space for approximately 50 covers, a kitchen, ground floor and first floor storage areas and w/c's. The property is fully let and generating an annual rental income of £30,000. With a guide price of £325,000 this is an attractive property investment.

37 Lark Lane will be offered as lot 61 and is ready for immediate investment. The five-bedroomed self-contained flat is part furnished and benefits from double glazing, central heating, fire doors and a fire alarm. It was previously let to students and is guided at £90,000+.

Cathy Holt, auction manageress at Sutton Kersh comments “We have had a fantastic first half of the year during which we sold over 275 properties and generated total proceeds exceeding £19 million across four auctions – almost equal to our total auction revenue for the whole of 2011.

“Investors have returned in abundance this year and we have also seen a rise in the number of people purchasing at auction for owner occupier purposes. Our July auction was the best on Merseyside since 2007 with seventy eight properties selling for over £6.1 million. ”

The full auction catalogue can be viewed here.

Instructions are now being invited for the 25th October auction. The catalogue will close on the 20th September. For a free, no obligation market appraisal call 0151 207 6315.

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