A takeaway pizza sold for £50,000 when it went up for auction this month.
The ground floor business premises on Utting Avenue in Walton was bought by a bidder for its guide price of £50,000 after being on the run for 17 years. The Sutton Kersh auction saw £8.2million worth of properties sold, ranging from residential premises to commercial land, investment and development opportunities.
One property that sold for £28,500 above its guide price was a two-bedroom terraced house in Old Swan. The house needed a complete overhaul but after being listed for £70,000 it sold for £98,500.
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A bidding war also erupted for an average three-bedroom townhouse on Townsend Avenue in Norris Green, which received a high number of registered bidders. The house ended up selling for £46,000 above its £85,000 guide price.
Another three-bedroom semi-detached property that attracted a lot of interest during the auction was based on Rue Bagot at L15. The house had a guide price of £65,000 and sold for £125,000.
Meanwhile, in Tuebrook, a one-bedroom apartment had a guide price of £15,000 and sold for £25,000. Sutton Kersh managed to sell 35% of his lots before auction day, which equates to just over £3.9million.
Cathy Holt, Associate Director of Sutton Kersh Auctions, said: “Buyers are always keen to invest in the right properties or land and there was a strong demand for vacant residential properties at this auction, many of them selling for a considerable amount above the target price.”
The next Sutton Kersh auction will take place on July 14.