Allsop’s May residential auction catalogue goes live

Allsop’s May residential auction catalogue goes live


Todays other news
Property investors looking to sell up before possible Capital Gains...
A stone-built former retail showroom, together with 22 apartments and...
There’s a warning that a housing market lull may be...
A new analysis shows that one in five rental properties...
Building your own home can be an incredibly rewarding experience....


Allsop’s next residential auction will feature over 300 lots, with 30 high-value lots guided at £1 million-plus included in the live catalogue.

The range of possible investments is expansive, from lot 225, a six-bedroom Grade II listed country house with stables in Surrey Hills guided at £2.6-£2.8 million, to lot 208, a two-acre site adjoining the former Royal National Orthopaedic Hospital in Stanmore with planning consent for a three-storey Hollywood mansion-sized house of more than 18,000 sq ft.

There will also be six lots with permitted development at the auction, including lot 73, the highest value lot in the catalogue. The two-storey office building in Aylesbury spans 37,793 sq ft and has consent to provide 89 self-contained flats.

Allsop will also offer a portfolio of 48 sites located across the UK on behalf of The Co-operative Bank, with each site to be offered as a single lot (151) with no reserve. In Wellingborough, a detached building comprising 36 flats and currently generating £234,900 per annum (lot 218) is guided at £4.1 million-plus. The same seller will also put lot 143, a freehold building of 10 apartments in Leicestershire, up for grabs – generating £90,540 per annum and guided at £1.5 million-plus.

Residential buildings in prime locations will also be offered at the auction, including lot 62, a four-bedroom end of terrace house in Chelsea. Having recently been refurbished, the property is guided at £4 million-plus. Another four-bedroom semi-detached property in Twickenham (lot 49) is being sold by the Rugby Football Union (RFU) with a guide price of £525,000-plus.

Richard Adamson, Allsop partner and auctioneer, said that sellers have a sense of ‘renewed confidence’ and are now looking to the auction room to sell before the summer slowdown begins.

He added: “We anticipate that the catalogue will be very well received by the market given the number of high quality lots on offer.”

The residential auction will take place on May 31 at The Cumberland Hotel, Great Cumberland Place, London, W1H 7DL.

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
A stone-built former retail showroom, together with 22 apartments and...
There’s a warning that over 130,000 commercial properties are ‘at...
Midlands property specialistBond Wolfe has brought another major investment opportunity...
The UK’s largest property auction house, Allsop, raised £34m from...
The financial success of your buy-to-let depends on the investment...
The new Labour government has finished the job started by...
Manchester is the highest-ranking English city for residential investment, according...
Recommended for you
Latest Features
Property investors looking to sell up before possible Capital Gains...
A stone-built former retail showroom, together with 22 apartments and...
There’s a warning that a housing market lull may be...
Sponsored Content
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...
The savvy property investor knows the importance of adapting their...
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here