Allsop raises £52M at its April Residential Auction

• 250 lots were sold, achieving success rate of 86%
• Allsop’s next residential auction will take place on 27th and 28th May

Allsop, a leading property consultancy and the UK’s largest property auction house, has successfully concluded its fourth residential auction of the year, raising £52 million with 250 lots sold. The two-day auction achieved a success rate of 85%, reflecting continued demand across the UK residential market.

The highest value lot sold under the hammer was lot 30, a freehold pair of semi-detached buildings, arranged as a vacant office with development potential, which sold for £1.38m+ against a guide price of £1.3m+. Across the board investor appetite remained robust throughout the two-day auction, with competitive bidding seen across a wide range of lot types, including development opportunities and income-producing assets.

Building on the momentum of its March auction, which raised £45 million, the latest results highlight the continued strength of the residential auction market and sustained demand from investors.

Richard Adamson, Managing Partner and Residential Auctioneer at Allsop, said: “This is our fourth dedicated residential sale of the year, and the results show just how resilient the market is. Despite continued wider global volatility, both domestic and international buyers continue to view UK real estate as a safe haven and are bidding with confidence. As investors grapple with the likely impacts or otherwise of the Renters’ Rights Act which is now in place, such a strong result over a large two-day sale should provide confidence for the remainder of the year, with investors still seeing value in the UK residential market. We are already assembling our May catalogue, which is shaping up to be another large sale.”

Highlights from the auction include:

• Lot 5 – Harlesden, London: a freehold detached building arranged as eight studio flats and a one-bedroom flat, guided at £600,000+ and sold for £1.1m+
• Lot 155 – Market Rasen, Lincolnshire: a freehold part-built development site with consent for a two-phase scheme of 90 private homes plus affordable housing, guided at £700,000+ and sold for £1.3m following competitive bidding
• Lot 202 – Shipley, West Yorkshire: long leasehold upper parts arranged as 20 self-contained flats, guided at £450,000 and sold for £900,000

Allsop’s next residential auction will be livestreamed and take place on 27th and 28th May 2026.