Sutton Kersh auction proceeds pass £12,000,000

Sutton Kersh generated sales in excess of £3,500,000 at its 22nd May auction taking its total sales for the year to date to over £12,000,000.

At the event which took place at the Liverpool City Centre Marriott Hotel in Queen Square 56 of the 88 properties offered sold. Pre auction activity was high with 17 properties sold prior generating in excess £1,400,000.

Amongst the best selling lots of the day was 105 Needham Road in Kensington. The middle terrace vacant three bedroom residential property which is suitable for immediate occupation or for investment purposes attracted numerous bidders at its guide price of £40,000 - £45,000 and sold for £54,500.

Le Bateau, 20 Huntley Road and 48 Benedict Street sold after the auction for undisclosed amounts. More sales are expected to complete afterwards.

Cathy Holt auction manageress at Sutton Kersh commented “We are pleased with the result. It was a busy room with high levels of bidding. I am confident with a number of the deals in the pipeline that sales will exceed over 70%. We have had a great start to the year generating in excess of £12,000,000 of sales across the 3 auctions.”

Sutton Kersh is now inviting instructions for its next auction which will take place on 12th July. For more information or to book your free, no obligation market appraisal please contact us. The catalogue will close on 6th June.

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