Auctions

128 lots on offer from Sutton Kersh

Merseyside auctioneer Sutton Kersh has announced that it has attracted 128 lots for its forthcoming property auction on Thursday 16 April.

Warren Lewis
|
25th March 2015
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Merseyside auctioneer Sutton Kersh has announced that it has attracted 128 lots for its forthcoming property auction on Thursday 16 April.

Among the lots going under the hammer is a substantial vacant residential property with investment and resale potential on Croxteth Road in Liverpool.

The three storey semi-detached close to Sefton Park and Princes Park has been converted to provide 13 self-contained flats, which could produce annual rental income of over £65,000 when fully let. It is being offered at a guide price of £400,000 plus on behalf of a housing association.

Meanwhile, a vacant three storey Victorian property on Judges Drive in Newsham Park, with full planning permission for conversion into five self-contained flats, is guided at £135,000 plus.

Also available is a vacant three bedroom mid-terrace house on Alverstone Road in Allerton. The property includes double glazing, central heating and new carpets, and is ready for immediate occupation. The guide price is £120,000 plus, which is below current market values and could appeal to first time buyers.

Elsewhere, the former International Social Club on Prescot Road in Fairfield has a guide price of £175,000 plus. It may suit residential redevelopment subject to planning.

In the Tranmere district of Birkenhead five separate plots of land have a declared nil reserve.

Cathy Holt, joint head of auctions at Sutton Kersh says: ‘This is the biggest sale to take place on Merseyside for a long time and presents investors with a vast choice of buying opportunities in all categories.’  

The sale takes place at the Crowne Plaza, St Nicholas Place, Pier Head, Liverpool starting at 12 noon.

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