article title

Allsop’s March residential auction catalogue features 205 lots across the UK

16 lots have guide prices of £1m or above

The latest catalogue features 10% more lots than the one issued in March 2021

The highest-value investment available through the auction is a lot consisting of four freehold buildings with 45 letting rooms in Finsbury Park, London, guided at £7m+

Allsop has released its March residential auction catalogue, offering 205 lots with 16 guided above £1m.

The new catalogue includes a variety of attractive investments, with opportunities across the country, including in-demand locations such as London, Surrey and Sussex. Buyers will be able to choose from a diverse mix of houses, apartments, ground rent investments, as well as mixed-use schemes, care homes and development sites.

Richard Adamson, partner and auctioneer at Allsop, said: “We are delighted to release our second catalogue of the year with over 200 lots on offer. The catalogue includes a variety of high-quality investment and development opportunities across the country and is 10% bigger than the one released in March 2021. As the UK economy re-emerges from the pandemic, the residential market continues to go from strength to strength, and we are expecting to see a busy couple of weeks leading up to the auction as buyers seek to express early interest in the most coveted lots.”

Highlights from the residential catalogue include:

  • Lot 34 – four freehold buildings providing a total of 45 letting rooms in Finsbury Park, London, with potential for conversion to self-contained apartments, guided at £7m+
  • Lot 47– a freehold detached 40-bedroom care home in Surrey (GIA of approximately 19,162 sq. ft) with potential for redevelopment or change of use, subject to consents. This lot is guided at £3.3m+
  • Lot 41– a freehold detached three-storey building arranged to provide four self-contained flats, situated in London, guided at £2m+
  • Lot 110 – a freehold former hotel and a block of six self-contained flats with large car park located in Hastings, East Sussex, with potential for reconfiguration and development, guided at £2m+

Allsop’s next residential auction will be held virtually on 31st March, and the complete catalogue is available here.

Leave a Reply

Your email address will not be published.