Allsop releases September residential auction catalogue

By James Buckley - Wednesday, September 06, 2017 11:26

Allsop’s upcoming residential auction will see 229 lots auctioned on 14 September at The Cumberland Hotel on Great Cumberland Place.

The catalogue comprises a greater number of lots than September’s 2016 auction, signalling renewed confidence in the market following a politically turbulent first half of the year.

Twenty-one lots are priced at £1m and above, with lot 50 in north west London, one of the highest in the catalogue at £2.5m.

The site comprises a three-storey office block spanning 9,633 sq ft and comes with permitted development rights for conversion to 17 flats. Also with permitted development rights includes lot 33, a 22,572 sq ft office building and seven warehouses, offered at £1.75m. Permission has been granted to transform the site into 39 residential units.

The catalogue also features high value lots from across the country with lot 67, a large six bedroom, newly refurbished family house in desirable Teddington, with a guide of £1.6m+ and lot 169, an attractive three bedroom flat in sought-after Earls Court, guide £2m+.

In Hampshire, lot 161A, a manor house with eight bedrooms, six reception rooms and four acres of grounds is being offered with a guide of £1m+. Also in the south of the country, lot 158, a 24-apartment mansion block building in Goring-by-Sea in West Sussex, is already generating significant interest, guide £1.1m+.

Richard Adamson, Partner and Auctioneer, Allsop said: “The September catalogue offers a wide variety of attractive lots including high value assets and strong investments in the regions.

“There are some exciting development opportunities in desirable locations UK-wide, including lots with planning permission and permitted development rights granted, both of which are likely to prove very popular in the auction room.”

jbuckley@costar.co.uk

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