Allsop Residential Announces 400 Lot July Auction Sale (29/06/2010)

The Cumberland Hotel, Great Cumberland Place, Marble Arch, London W1 on 13th and 15th July

Residential auctions release of their July auction catalogue. This important sale offers 408 lots over 2 days on 13th and 15th July. The venue will be The Cumberland Hotel, Great Cumberland Place, Marble Arch, London W1.

Clients represented at this auction include:

Admiral Taverns, Affinity Sutton, Aviva Investors, Family Mosaic Housing Association, Grainger plc, Halifax plc, J W Lees & Co, Ministry of Justice, L & Q, Metropolitan Housing Trust, Mountview Estates plc, Shell International Ltd, St Dunstan's (A Charity for Blind Ex-Servicemen & Women), Transport for London, The Trustees of The Methodist Church and Two Major Housing Associations and Jon Gershinson and Simon Davidson as joint fixed charge receivers

The catalogue comprises a broad geographical range of vacant, part vacant and investment properties. Ground rent buyers will be particularly interested in the sale of nearly 100 investments to be offered as part of the second day's sale.

Highlights include

Lots 22 and 22A 12 and 14 Mount View Road, Crouch End, London N4 4SL

A freehold pair of semi detached buildings arranged as 21 self contained flats, mainly let and producing £134,286pa. To be offered separately or collectively. Guide price £3.1m-£3.2m.

Lot 33  114/116 Nether Street, Finchley, London N3 8EU

A freehold pair of semi detached buildings arranged as a family house and four self contained flats. House and three flats subject to ASTs and one flat vacant. Planning permission for demolition and block of 10 flats with parking. Guide price £1.4m-£1.5m.

Lot 57  Lower Ground Floor, 282 Westbourne Park Road, Notting Hill, London W11 1EH

Next to the famous “Notting Hill” blue door, the property consists of a self contained lower ground former recording studio. With possible potential for a self contained flat, the building appears in the film and would have been part of the fictional house that Hugh Grants’ character William Thacker lived in. Guide £150,000+

 Lot 94  91 Walm Lane, Willesden, London NW2 4QG

A freehold mid terrace building arranged as four self contained flats each subject to an assured shorthold tenancy. Producing £58,760 pa. Guide £775,000-£800,000.

Lot 337 The Institute Site, Maxwellton Road, Paisley, Renfrewshire, Scotland

The remains of a Grade II Listed building on a site of 0.38 ha (0.98 acres) with planning permission for 40 dwellings and car parking. By order of mortgagees. Guide £700,000-£800,000.

Lot 102  1 Queens Row, Walworth London SE17 2PX

A freehold detached building with planning permission for 14 self contained flats. By order of Family Mosaic Housing Association. Guide £650,000+..

The order of our July auction is as follows:

Tuesday, 13th July 2010
The Cumberland Hotel, Great Cumberland Place, London W1H 7DL
Single Session (Lots 1-173B)
Auctioneer's announcements 9.45 a.m.
Lot 1 to be offered at 10.00 a.m. precisely

Thursday, 15th July 2010
The Cumberland Hotel, Great Cumberland Place, London W1H 7DL
Single Session (174-394)
Auctioneer's announcements 9.45 a.m.
Lot 174 to be offered at 10.00 a.m. precisely

Please click here to view the online catalogue.

For further information please contact:

Gary Murphy
Equity Partner
Allsop
DL  +44 (0)20 7344 2619
Email gary.murphy@allsop.co.uk