Allsop releases 280-lot catalogue for November residential auction

Allsop, a leading property consultancy and the UK’s largest property auction house, has released the catalogue for its November residential auction, featuring 280 residential and mixed-use investment and development assets from across the UK.

The highest value lot in the catalogue is a freehold, partially built, six storey, mixed use development on Ealing Broadway, London (lot 16), which is guided at £5m+. Once completed, the building will provide commercial premises and nine residential apartments. The residential accommodation comprises of three one-bed apartments, five two-bed apartments and one three-bed (duplex) apartment. The commercial premises will be arranged over the ground and part of the first floor.

The November auction will be Allsop’s 10th dedicated residential auction of the year, with a total of £426 million raised so far this year from residential auctions alone.

Richard Adamson, Managing Partner and Residential Auctioneer at Allsop, said: “This is our 10th residential auction catalogue of the year released only a week after our October sale which realised over £68m. The November catalogue features over 280 lots and will be another two-day sale on 19th & 20th November. There are a number of high quality investment and development opportunities across the country being sold on behalf of housing associations, banks, receivers, administrators, funds, Reits and property companies.”

Highlights from the auction include: 

• Lot 17: Tunbridge Wells, Kent – a freehold detached block of 33 self-contained flats, which has a guide price of £2.75m+ (GIY 0.82%)
• Lot 21: Marylebone, London – a freehold stucco fronted mid terrace HMO building internally arranged to provide four non-self-contained flats and three self-contained flats, producing £102,778 p.a is guided at £1.5m+ (GIY 6.85%)
• Lot 35: Esher, Surrey – two freehold office buildings providing five office suits, producing £163,900 p.a is guided at £4.5+ (GIY 3.64%)

Allsop’s next residential auction will be livestreamed and take place on 19th and 20th November, and the complete catalogue can be viewed online here.