News | Residential Auction
Allsop releases final residential auction catalogue of 2021 with over 220 lots
- Allsop’s December residential auction catalogue features 221 lots across the UK
- 15 lots have guide prices of £1m or above
- The highest-value lot (33) is a Grade II listed block of flats and four houses in Ruislip, guided at £3.5m+
Allsop has released its final residential auction catalogue of the year, featuring 221 lots across the UK. The new catalogue includes 15 lots with guide prices of £1m or above. Buyers will be able to choose from a wide range of investment types including regulated tenancies, ground rent investments and properties subject to assured shorthold tenancies. There are also a number of development opportunities ranging from properties requiring refurbishment to new build schemes.
Richard Adamson, partner and residential auctioneer at Allsop, said:
“The residential property market has proven to be incredibly strong over the last 12 months, and plenty of value-creating opportunities still remain across the country. Our eighth and last catalogue of this year provides investors with a final opportunity to secure well-priced assets across a variety of categories, depending on the make-up of their portfolio, budget and risk appetite, before the Christmas holidays. We look forward to welcoming regulars and newcomers to the digital ballroom in December and expect a flurry of buyer activity.”
Highlights from the residential catalogue include:
- Lot 33, a Grade II listed block of flats and four houses in Ruislip, guided at £3.5m+ (GIY 5.27%)
- Lot 82 in Beckenham, a former care home extending to over 8,000 sq. ft with a pending planning application, offering the largest development opportunity of the catalogue. The property is guided at £3m+
- Lot 69, a freehold former pub in Kensington with planning permission for demolition and the erection of a new build block of eight apartments. The property is guided at £2.25m+
- Lot 73, a freehold block of 10 self-contained flats in Slough, of which one is currently vacant. The property is guided at £2.1m+ (GIY 5.52%)
The auction will take place online on 16th December. The catalogue can be found here.
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