Stunning six-bed period home among auction lots on offer from as little as £60,000

A detached six-bedroom home with period detail is among the homes which will go on sale at auction from £60,000.

The ‘stunning’ property joins several other lots which are poised to go under the hammer.

A guide price of the Oxton property has been set between £525,000 to £575,000 for the home which is called Peristil.

Many of the properties being offered will make great investments and would be suitable for owner occupiers and investors who want to modernise them.

The Liverpool Echo reports there are several terraced properties available across the Wirral with guide prices beginning as low as £60,000.

There are also four commercial lots in good letting positions.

A large extended and upgraded semi-detached property in Birkenhead comprising five self-contained flats set in good sized gardens and with on-site parking is guided at £230,000 to £250,000.

Another lot bound to attract interest is at Grosvenor Road, Hoylake, a three bedroom cottage which is in need of refurbishment, with a guide price of £180,000 to £200,000.

The online auction event is to be held on September 21, with viewings already taking place.

And auctioneers expect a lot of attention from viewers eager to grab an investment property.

It means they can then ad little more value with some refurbishment and sell again with bit of profit gained from their purchase.

Many buyers, however, may want to emphasise the history of a period home and highlight those details in any future sale.

Either way, there is potential for a buyer to make some profit on properties which are hugely popular among house hunters.

Chris Johnson, auctioneer at Smith and Sons which is hosting the auction said: “This is a particularly strong auction based on the opportunity for investment and development of each of the lots.

“They are all sensibly priced and throughout the catalogue should attract interest from potential buyers both locally and throughout the UK.

“Viewings are already taking place and we would encourage anyone interested to visit first hand to appreciate their scope and potential.”

The Mirror reported in July how a woman transformed a £1 house into her dream home.

Maxine Sharples bid for the bargain property while she was a student at university.

Liverpool City Council began its Homes for Pound Scheme to bring crumbling properties back in to use while providing people with a chance to get into the housing market.

It began in 2015 while Maxine was a doing a postgraduate qualification at Liverpool John Moores University.

Those involved in the scheme must use their own money to bring properties back to life.

The project received national attention and was the focus of a Channel 4 documentary in 2018.

Maxine said: “Although initially I didn’t have the funds, I applied anyway and thought, ‘I’ll cross that bridge’ if I was shortlisted.

“In 2019, four years later, I got a phone call to ask if I was still interested in a home for a pound.”