The auction had over 30 residential investment Lots, over 40 vacant residential Lots and a variety of commercial land and development opportunities.
Lot 26, a two-bed mid-terraced property in Garston in need of modernisation and refurbishment, sold for £118,00 which was £33,000 over guide price.
Another popular property was Lot 76 in L20, a detached two-storey freehold building (a former public house) with a plot of vacant land. This had a guide a price of £110,000 and sold for £181,000, which is £70,000 over the guide.
One lucky bidder got themselves a great buy with a recently refurbished first floor two-bed flat, again in the L20 area, which they won with their bid of £32,000.
A lot that gained particular interest from bidders throughout the country was Lot 53 in Wallasey, a six-bed HMO investment opportunity which is fully let and currently producing over £30,000 per annum. It was listed with a guide price of £200,000 and sold for £256,500.
It has been a year like no other for us with these record high property sales at each of our auctions throughout the year. There has been, and to be honest still is, very high demand for investment and residential properties. To sell over 700 properties through 7 auctions is a fantastic testament to our team. We have already started to take instructions for our February 2022 auction, which is a positive sign for us and the industry too.’
I’d like to take this opportunity to wish you and your families a safe and peaceful Christmas and New Year.
Cathy Holt, Associate Director
We will be holding their first auction of 2022 on 17th February and it will be a live streamed event.