The property 9 Newcastle Road, in Wavertree, Liverpool had a guide price of £150,000 plus and was on the market with selling agent Entwistle Green.
The auctioneer Countrywide Property Auctions had a bidding war on its hands as a number of keen buyers bid against each other to purchase a slice of John Lennon’s history. After around 20 minutes the gavel came down and an American telephone bidder purchased the property for £480,000.
Andrew Brown, Managing Director, Countrywide Property Auctions, said: “There was a lot of interest in the property before the auction from potential buyers who lived in the UK and internationally. The auction was very exciting with a number of keen buyers bidding for the property and we are delighted to have sold such an iconic piece of The Beatles and Liverpool’s history.”
Stephen Giddins, Regional Sales Director, Entwistle Green, said: “We are delighted for our client as we were consciously aware that there was a lot of interest in the property and we wanted to ensure that this translated into achieving the best price possible for them.”
The red-bricked terrace house was where John Lennon lived with his parents and grandparents from the day he was born on 9 October 1940 to around the age of five.
John Lennon also penned the song ‘One after 909’ which references the property at 9 Newcastle Road.