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Allsop Residential have released their first catalogue for 2011. The sale will be a major two day event of over 380 lots to be held on 15th and 17th February at the Cumberland Hotel, Great Cumberland Place, Marble Arch, London W1.

Property Investment continues to offer an attractive alternative to cash saving as interest rates, for the time being, remain low. Buy to Let Landlords are benefitting from strong rental demand as rental levels rose a further 0.9% at the end of 2010, an overall average increase of 6.8% since January 2010 according to the latest figures from findaproperty.com.

Allsop are celebrating an overall success rate of 87% in the last year proving buying at auction has continued to remain a popular alternative to the high street agent for the seasoned investor and first time buyer alike.

Gary Murphy, Partner and Auctioneer for Allsop comments “Our latest sale follows a very successful year for our team having been unanimously voted Residential Auctioneer of The Year 2010. We remain the leading property auction house in the UK in both the residential and commercial sectors according to recently published league tables.”

The latest catalogue offers a broad choice of well priced vacant and investment stock throughout the UK. In particular,

•  20 regulated tenancy investments

•  Over 120 distressed lots to be offered on behalf of mortgagees and receivers

•  50 lots comprising land and buildings in the West Midlands on behalf of Network Rail

 


Notes to editor

Allsop are the market leader for residential and commercial auction in the UK with annual sales of up to £1 billion. We are also known as one of the UKs leading property consultancies with office in the West End, City and Leeds.

Allsop’s Residential two day sale will take place as follows:

Day 1
Tuesday 15th February 2011The Cumberland Hotel, Great Cumberland Place, London W1H 7DL
Single Session (Lots 1-157A) Auctioneer’s announcements 10.45 a.m.
Lot 1 to be offered at 11.00 a.m. precisely

Day 2
Thursday 17th February 2011The Cumberland Hotel, Great Cumberland Place, London W1H 7DL
Single Session (Lots 158-367)Auctioneer’s announcements 10.15 a.m.
Lot 1 to be offered at 10.30 a.m. preciselyPlease click here to view the online catalogue.

Contact

To attend the auction or for the supply high resolution images or further information please contact Anna Jones
Anna.Jones@allsop.co.uk
020 7543 6728