News | Auction | Residential Auction

Allsop’s residential auction momentum continues as it releases 325-lots for its February catalogue

  • Allsop is bringing 325 residential and mixed-use lots to its February residential auction

  • The two-day auction will take place via livestream on 25th and 26th February

  • The catalogue includes several prime London assets guided at over £1m

Allsop, a leading property consultancy and the UK’s largest property auction house, has released the catalogue for its February residential auction, featuring 325 residential and mixed-use lots from across the UK. This catalogue follows Allsop’s record‑breaking January auction, which raised over £65m with a success rate above 91%.

One of the standout lots in the catalogue is a rare freehold mansion block in Marylebone, London (lot 181), guided at £5m+. It comprises 79 self-contained flats, currently producing a total income of £306,389.36 per annum. Three flats and three storerooms are currently vacant, offering immediate asset management and value-add potential.

Richard Adamson, Managing Partner and Residential Auctioneer at Allsop, said: “Following the great success of our largest ever January auction sale which raised over £65M with a success rate in excess of 91%, we are delighted to release our second residential auction catalogue of the year. The sale will be over two days and already includes some very high-quality assets being sold by a wide variety of motivated sellers. As market conditions seem to be improving and we see more buyers return to the market we anticipate a busy couple of weeks of marketing”.

Highlights from the auction include:

  • Lot 22: 26 Wellington Road, St John’s Wood, London - A freehold detached Grade II listed building, internally arranged to provide two self-contained split-level flats. One flat is sold off on a long lease, while the second is offered with vacant possession, comprising a three-bedroom apartment. It extends to approximately 220 sq m (2,378 sq ft), benefits from off-street parking and a private garden, and is guided at £3m+.
  • Lot 185: Caroline Street, Birmingham - A freehold part Grade II listed corner building guided at 2.75m+. Has planning consent for change of use and extensions, allowing redevelopment into 37 residential apartments together with ground-floor commercial accommodation.
  • Lot 93: 3 Belsize Crescent, London – a freehold building internally arranged to provide three self-contained flats, fully let producing £108.000 per annum. It has a guide price of £1.85m+. 

Allsop’s next residential auction will be livestreamed and take place over two days 25th and 26th  February, and the complete catalogue can be viewed online here.

Richard Adamson

Residential Managing Partner Residential Auction

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