Kersh takes total 2020 auction sales to £37.5m

Sutton Kersh once again saw hundreds of people log on from across the UK for its latest live-streamed auction where a number of properties exceeded their guide price. Tony McDonough reports

Sutton Kersh
Sutton Kersh saw a number of properties exceed their guide price

 

Liverpool property auction house Sutton Kersh has generated more than £8.3m in sales from its latest online event.

The firm held its first live-streamed auction in early summer with bidders and viewers logging on from across the UK. This latest live-streamed event saw 350 register to bid and was once again watched by hundreds of people throughout the country.

A total of 76 properties were sold, brining the total number sold this year by Sutton Kersh across five auctions to 377 properties, generating £37.5m. More than £3.9m in sales occurred prior to the auction.

Associate director Cathy Holt said: “It was great to see so many lots selling for above their guide price, such as lot 7 which sold for £30,000 over its guide price, along with many other lots seeing strong bidding wars too. We have so far sold 80% of Lots offered, with more being sold post auction.”

Other highlights of the auction include; lot 8, a three-storey mid terraced property in Bootle which has been converted into three self-contained flats, which sold for £138,000, a huge £38,000 over the guide. Lot 27, a vacant two-bed on Hawkins Street in the L6 area, had a guide price of £40,000 and sold for £73,000.

A sizeable four-bedroom semi detached property in Torquay, Devon, was exceptionally popular with bidders. It had a guide price of £235,000 and sold for £307,500. Ms Holt added: “Demand is still high for properties throughout the country, especially in Liverpool and on the South Coast.

“The Croft in Paignton in Devon is a fantastic example of this. This beautiful three-bedroom bungalow sold for £370,000 which was £30,000 over its guide price.”

Sutton Kersh’s next auction will take place on Thursday, October 22, and it is currently taking instructions for this event.

You might also like More from author

Leave A Reply

Your email address will not be published.