Allsop releases June residential auction catalogue bringing 230 lots to the market

• Allsop’s June residential auction catalogue features 230 lots across the UK
• 20 lots have guide prices of £1m or more
• The highest-value investment is a mid- terrace building with 12 flats in Notting Hill, guided at £5m+

Allsop has released its June residential auction catalogue, offering 230 lots with 20 guided above £1m, making it the largest residential auction catalogue since September 2021. The new catalogue features an array of quality investment and development opportunities across the country which will appeal to investors, developers, and owner occupiers alike.

Richard Adamson, partner and auctioneer at Allsop, said: “As we continue to operate in an uncertain economic environment, characterised by soaring inflation, geopolitical instability and tumbling stock markets, residential property continues to be seen as an attractive asset type to invest in, providing buyers with reassurance and allowing them to safeguard their cash.

Many of the properties featured in our new catalogue will undoubtedly be of interest to potential owner-occupiers, who may be struggling to find the right home through traditional avenues and look to benefit from the speed and certainty offered by the auction format.”

Highlights from the residential catalogue include:

• Lot 25– a freehold unbroken mid terrace building in Notting Hill, London, consisting of 12 self-contained flats with possible potential for reconfiguration, guided at £5m+
• Lot 52 – a freehold holiday chalet park ground rent investment in Dartmouth, Devon extending to a site area of approximately 18.74 acres with possible potential for further development, guided at £3m+
• Lot 87 – two freehold purpose-built blocks arranged to provide four three-bedroom town houses and six self-contained one-bedroom flats located in Tunbridge Wells, Kent, guided at £2.5m+
• Lot 45 – a freehold development site situated in Newbury, Berkshire, with two planning consents granted for seven houses with a total proposed area of 18,751 sq. ft., guided at £2.5m +

Allsop’s next residential auction will be held online on 23 June 2022, and the complete catalogue is available here.