Allsop releases September residential auction catalogue with 275 lots on offer

• The auction will be held over two days, with 18 lots guided at £1 million or more 
• The catalogue launch follows Allsop’s August residential auction, which raised £40 million and achieved an 84% success rate

Allsop, the leading property consultancy and the UK’s largest property auction house, has released its September residential auction catalogue, featuring 275 lots that will be offered across a major two-day sale, September 16th and 17th. 

The catalogue includes a broad mix of residential investment, development and value-add opportunities throughout the UK, with 18 lots guided at £1 million or more. Notable properties include a substantial two-bedroom apartment in Chelsea guided at £1.1 million plus, a Grade II listed block of seven income-producing flats in Cheltenham guided at £1.2 million plus, and a 75-room residential investment in Sheffield guided at £2.5 million plus. 

The release follows Allsop’s successful August residential auction, which raised £40 million and achieved an 84% success rate. The strong performance appears to have encouraged sellers to bring stock to market following the traditional summer holiday period, resulting in another sizeable catalogue featuring opportunities across a wide range of sectors, lot sizes and price points. The catalogue offers investors, developers and owner-occupiers access to assets in locations across the country, from prime central London opportunities to larger regional income-producing investments.

Richard Adamson, Managing Partner and Residential Auctioneer at Allsop, said: “We are delighted to release our ninth dedicated residential catalogue of the year, featuring 275 lots which will be offered over two days. The success of our August auction sale, which raised £40 million with a success rate of 84%, has clearly given confidence to a lot of sellers during the traditional summer recess.

There are plenty of well-priced investment and development opportunities across the country, reflecting the breadth and depth of demand we continue to see from buyers. We anticipate a busy couple of weeks of marketing and look forward to another strong sale.” 

Auction highlights include:

• Lot 14 – Flat L, 63 Drayton Gardens, Chelsea, SW10 – A leasehold first floor apartment providing a two-bedroom flat extending to approximately 1,148 sq ft, guided at £1.1 million
• Lot 42 – 20 Lansdown Place, Cheltenham – A freehold Grade II* listed mid-terrace building arranged as seven self-contained flats, each let on an assured periodic tenancy, producing a total income of £98,580 per annum, guided at £1.2 million+
• Lot 173 – Regency House, Sheffield – A freehold building arranged to provide 75 letting rooms and let to Mears Group until August 2031, guided at £2.5 million+

Allsop’s next residential auction will take place on September 16th and 17th.