John Lennon’s first home, in Liverpool, has been sold for £480,000 at an Auction held at the Cavern Club.
There are a lot of myths surrounding the types of properties sold at Auction. Many people assume that run down, derelict or repossessed houses are those you will find, however an Auction room can be an excellent platform for selling houses that are unusual or of public interest.
This was the case when John Lennon’s first home, in Liverpool, was sold at Auction in October. Sold at the iconic Cavern Club, the three bedroom red brick terraced house at 9 Newcastle Road was offered for sale with a guide price between £150,000 and £250,000, but went on to sell for an incredible £480,000.
9 Newcastle Road was the home of John Lennon from birth, in 1940, until he was 5.
Auctioneers said a telephone bidder, who wanted to remain anonymous, was the successful buyer after a “bidding war”.
The property has a rear yard and is a few streets away from Penny Lane, made famous by The Beatles.
Sale by Auction really can work!