News | Auction | Residential Auction
Allsop releases another bumper catalogue ahead of November residential sale
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Allsop, the UK’s leading property auction house, has released its November residential auction catalogue offering 512 lots, 20 of which are guided at £1m or above. The latest catalogue features a mixture of investment and development opportunities across the UK, including a Grade II-listed chalet with mooring boatyard in Surrey and a pair of linked two storey mews properties with planning in Bloomsbury.
Allsop’s previous residential auction was its largest in over a decade, raising £67.5m, representing a success rate of 86%. Together with its commercial auctions arm, Allsop raised more than £100 million in September from the sale of residential, commercial and mixed-use assets.
Richard Adamson, partner and auctioneer at Allsop, said: “Following the success of our three-day September auction, which raised £67,500,000 with a success rate of 86%, the tremendous volume of supply and demand for investment and development opportunities has once again required us to hold a multi-day sale. The catalogue features a wide variety of asset types covering the length and breadth of the country and we anticipate a busy few weeks ahead.
“What this demonstrates is the fundamental attractiveness of real estate as an investment class – whether as an asset to hold or a value-add opportunity – particularly when combined with the surety of the auction sale and the national and international reach of an auction house like Allsop.”
Auction highlights include:
- Lot 26: Bloomsbury, WC1N: a freehold pair of linked two storey mews properties with planning, guided at £1.6m - £1.8m
- Lot 84: Wood Green, N22: a freehold former social club and detached building with planning, guided at £4m+
- Lot 123: East Molesey, Surrey: a freehold Grade II-listed chalet with mooring boatyard, guided at £2.5m+
- Lot 404: Doncaster, south Yorkshire: a freehold internally arranged as 35-self contained flats, guided at £1.7m+
Allsop’s next residential auction is taking place on 2nd, 7th and 8th November. The complete catalogue can be viewed here.
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