Allsop releases bumper residential auction catalogue ahead of August sale

Allsop has released its August residential auction catalogue, offering 200 lots, demonstrating a 25% increase in the number of assets on offer from this time last year.

The new catalogue provides potential buyers with a wide variety of investment and development opportunities across the country, including a diverse mix of houses, apartments, ground rent investments and mixed-use schemes.

Richard Adamson, partner and auctioneer at Allsop, said: “Allsop’s August residential auction catalogue has been much anticipated by potential buyers from across the UK and beyond, with over 200 properties on offer –a 25% increase on the number of lots compared to August 2021. The new catalogue features an extensive range of attractive income producing investments and numerous development opportunities. Despite surging inflation, the cost-of-living crisis and political turbulence nationally and internationally, the residential market continues to perform consistently, and we anticipate a busy couple of weeks leading up to the auction on 4 August.”

Auction highlights include:

• Lot 118: two freehold buildings comprising fifteen studio flats, in Kentish Town, London. Each flat in the building subject to an assured shorthold tenancy with total rent reserved at £151,082 per annum, and the property is guided at £2.1m to £2.2m
• Lot 41: a freehold terrace building with planning permission granted for change of use to eight self-contained one-bedroom flats in Windsor, Berkshire, with total current rent reserved at £93,780 per annum, guided at £1.85m+
• Lot 80: a freehold garage and workshop with planning consent for erection of a block of seven self-contained flats above a Class E commercial unit, situated in South Wimbledon, London, guided at £1.5m+
• Lot 33: two freehold adjoining semi-detached HMO buildings with a total GIA of 3,923 sq. ft., located in Redhill, Surrey, guided at £1.2m+

Allsop’s next residential auction will be held online on 4 August 2022, and the complete catalogue can be viewed here

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