Wavertree property is a hit at Sutton Kersh auction

A vacant Grade II listed six bedroom house in the Wavertree area of Liverpool was among the highlights of the latest Sutton Kersh property auction.

Offered at a guide price of £125,000 plus, Olive Mount Villas on Mill Lane was the subject of some fierce bidding, with the hammer finally coming down at £217,500.

Elsewhere, a vacant three bedroom lodge within the grounds of the Grade II* Allerton Hall was snapped up for £183,000. It had been offered on the instructions of Liverpool City Council at a guide of £150,000 plus.  

Meanwhile a commercial investment in Birkenhead which is occupied by ‘Mr Bubbles’ hand car wash was also in demand, selling for £78,000, off a guide of £35,000 plus. In Prenton, a block of ten part-let garages producing annual income of £2,100 achieved £27,500, off a guide of just £5,000 plus.

In total Sutton Kersh sold 50 lots at the auction at the Liverpool Marriott Hotel, generating proceeds of over £3,500,000. Auction Manageress Cathy Holt said: “A real feature of the sale was the number of lots which attracted competitive bids and helped drive prices up.

“We are currently receiving numerous enquiries about available stock so I anticipate final proceeds to be closer to £4,000,000.”

Sutton Kersh is now inviting instructions for its final sale of the year which takes place on Thursday, 11 December. The catalogue closes on 14 November.

For more information, contact the Sutton Kersh Auctions team on 0151 207 6315.

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