Sutton Kersh’s penultimate property auction of the year has once again smashed the national average. The auction, which took place on Thursday 1st November at The Crowne Plaza Hotel in Liverpool City Centre, came to a close with a whopping 68 lots sold. Beginning at midday, a gentle buzz filled the room as potential bidders and excited spectators shuffled into the auction hall.
BBC programme Homes Under the Hammer were once again in attendance to capture all the action. Joining them was a new Channel 4 show which involved one attendee actually winning property they were bidding on.
Lot 45 caused the first stir of the day as numbers began to fly. The three-storey 5 bedroomed semi-detached property was a dream for developers, offering outbuildings as well as land to the rear. The guide price of £90,000 quickly fell away, and after a tense battle, the property sold for a massive £170,500.
Lot 103, a 3 bedroomed middle terrace property located in Kensington, saw the biggest bidding war of the day. 5 potential homeowners all battled it out for a chance to walk away with this lot, and their fellow attendees watched in awe as no one could predict the outcome. In the end, the property sold for more than double its guide price of £40,000, with the winning bidder securing it for £81,000.
The successful sale of Lot 105, a three-storey semi-detached property converted into 3 flats, left one happy seller £131,000 better off.
In response to the auction house’s handling of the day, she said, ‘I have been using Sutton Kersh for over a year now. I’ve been at both ends of their auction, starting with buying and bidding on properties, and now selling them through their auctions.
‘Although I’m relatively new to the property industry, Sutton Kersh have always ensured a smooth and helpful exchange. I have spoken to various people who work for Sutton Kersh (Shannen, Cathy, Elle) whilst buying and selling properties, and every one of them have been very professional and helped with the process from start to finish.
‘Having researched the property auction market, I do believe Sutton Kersh prices are incredibly fair and are on the cheaper side for the vast amount of work they put into it. ‘I can highly recommend Sutton Kersh as they offer an impeccable, cost-efficient service!’. Following this auction, Sutton Kersh have sold over 600 properties from around the country. This equates to a giant profit of £45mil, which is sure to rise when they return for their final auction in December.