News | Auction | Residential Auction
Allsop brings 300+ lots to market in July Residential Auction
- Two-day auction featuring more than 300 lots
- 14 lots guided in excess of £1 million
Allsop has released the catalogue for its upcoming July residential auction, which will feature more than 300 lots across the UK. The two-day sale, which will take place on 29 and 30 July, offers a broad range of residential and mixed-use investment and development opportunities, reflecting continued demand for scale, diversity and value-add potential across the market.
The catalogue includes 14 lots guided at £1 million or more, with a number of large-scale investments and high-yielding assets expected to attract strong interest from both private and institutional buyers. As with previous auctions, the offering spans London, the Southeast and regional markets, providing opportunities across a wide range of lot sizes, price points and asset types.
The highest-value property in the catalogue is Lot 15, a substantial freehold development opportunity comprising three buildings currently arranged to provide 17 flats. The property also benefits from planning consent for the creation of a further seven flats, offering significant potential for asset management and future development.
Other notable opportunities include a number of student-led and regional investments, as well as well-located income-producing assets with rental growth potential. From large residential blocks to mixed-use and specialist accommodation, the catalogue is likely to appeal to a broad spectrum of buyers seeking both immediate income and longer-term value creation.
Richard Adamson, Managing Partner and Residential Auctioneer at Allsop, said:
“We are delighted to launch our seventh dedicated residential catalogue of the year, with more than 300 lots offered across a two-day sale. The breadth of opportunities available reflects the continued strength and depth of demand we are seeing across the residential auction market.
Following the success of our recent auctions, which have delivered strong pricing and high levels of participation, we expect this catalogue to generate significant interest from a wide range of buyers.
With market conditions continuing to support well-priced opportunities, we anticipate a busy marketing period in the lead-up to the sale.”
Auction highlights include:
- Lot 15 – Freehold development opportunity comprising three buildings arranged as 17 flats, with planning consent for seven additional units, guided at £4.9 million+
- Lot 182 – Penny Street, Lancaster – freehold student-led mixed-use investment comprising 77 student bedrooms and two retail units, generating £389,575 per annum, guided at £2.5 million+
- Lot 190 – Centro Court, Aberdeen – student accommodation investment comprising 56 self-contained studios, producing £433,064 per annum with a gross yield of 21.65%, guided at £2 million+
- Lot 28 – Charlton House, Wellingborough – freehold building arranged as 14 self-contained flats, guided at £1.75 million+
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