Sutton Kersh Auctions have now sold a total of £24 million worth of property in the first four months of 2021, through just two auctions!
They also set their own record by having 600 people register to bid for their auction and 100 people register to bid for the first Lot. Lot 1 was a fire damaged mid-terraced property on Rockfield Road in L4. It had a guide price of £15,000 and sold for an impressive £81,000 which is 440% over guide.
Lot 2, again a mid-terraced property but this one on Faraday Street in L5, sold for £70,500 which was £30,500 over it’s guide price. Lot 3 on Whitland Road in L6 continued the trend; a mid-terraced property selling well over guide at £111,000 on a guide of £85,000.
The team sold over £3.8 million worth of property prior to auction and offered 119 properties at the live streamed auction.
Katie Donohue, Auction Valuer & Business Development Manager, said ‘We are delighted with how our April auction has gone as we have sold over £11 million worth of property. Selling 85% of Lots offered demonstrates not only the strength of our team in sourcing and pricing the stock correctly alongside our vendors, but also our ability to attract the right buyers.’
This auction consisted of a considerable number of residential properties, such as Lot 23, a three-bed house Jacqueline Drive in Huyton, which had a guide of £80,000 and sold for £116,500.
Another property that gained a lot of interest both prior to auction and on the day was Lot 41, Mostyn Hall in L15, Wavertree. This property was a modern and purpose built eight-bed HMO and a great investment opportunity. It had a guide price of £185,000 and sold for an astonishing £86,000 over this at £271,000.
Further afield, a beautiful two-bed detached chalet-style bungalow in the popular area of Hayle in Cornwall attracted a lot of interest and had a guide price of £150,000, eventually selling for £191,000.
After the strong start, the bidding was consistent and competitive throughout the auction with the majority of successful bids coming from phone bidders. Sutton Kersh’s next auction will be taking place on 27th May 2021.