Allsop’s September residential auction to include 21 lots at £1m+

• Allsop’s September residential auction catalogue features 236 lots across the UK
• 21 lots have guide prices of £1m or above
• The highest-value investment (lot 35) is a freehold five-storey building in Earl’s Court, guided at £4m – £4.5m

Allsop has released its September residential auction catalogue, offering 236 lots across the country. The new catalogue features 21 lots with guide prices of £1m or above. Buying opportunities include Grade II Listed buildings, owner-occupier ‘value-add’ homes, student accommodation, roof spaces, and freehold development sites.

Richard Adamson, partner and residential auctioneer at Allsop, said:

“Our latest catalogue presents investors with an array of opportunities as they return to business after the summer holidays. Not only does it include a high number of premium-quality lots in various locations across the country but also a healthy choice of more affordable prospects for private investors, owner-occupiers and developers.

“We sense an atmosphere of continued confidence in our sector. As the impact of the pandemic recedes, people return to the workplace and the world settles into a new normality, fresh opportunities will emerge. We have seen early interest in our catalogue from both domestic and international buyers, while the easing of restrictions and the acceptance of safety measures have helped to increase the number of in-person viewings.

“Even though we are hoping for a safe return to multi-channel in-room sales in the future, there is no question that our online auctions continue to function with extreme efficiency.”

Highlights from the residential catalogue include:

• Lot 35, Earls Court, London – a freehold mid-terrace building arranged as 14 flats, guided at £4m – £4.5m (GIY 6.12%)
• Lot 21, Ruislip, London – a freehold Grade II listed building and four semi-detached buildings on a site of 1.25 acres, guided at £3.8m+ (GIY 4.85%)
• Lot 28, Cheltenham – a freehold Grade II listed building comprising 17 flats with an on-site car park, guided at £1.45m+ (GIY 6.52%)
• Lot 74, Kingston-upon-Thames – two adjoining freehold buildings with planning permission for a mixed-use development and four parking spaces, guided at £2.1m

The auction will take place online on 30^th September. The catalogue can be found here.