Auctions

Allsop launch October's residential auction catalogue

|
17th October 2017

Allsop’s upcoming residential auction will see 300 lots auctioned on 26th October at The Cumberland Hotel on Great Cumberland Place, London.

The catalogue, which is available online, comprises a wide variety of lots from across the country.  The highest value lot being lot 53.  An attractive Grade II listed building, Meadow Mill spans 175,000 sq ft and has planning consent for conversion into a mixed-use scheme with 213 apartments, guided at £7.25m+.
 
Lot 16 in Clapham, offers a rare development opportunity in a desirable London location. Comprising a building of 2,409 sq ft which was previously a NHS rehabilitation centre, it is guided at £2.5m+.

Whilst Lot 78 in Ascot is located next door to Charters Mansion, an art deco mansion converted into luxury apartments.  The lot comprises two residential plots, each with planning permission for a luxury 11,170 sq ft dwelling, guided at £2.5m+.
 
Following on from the success of a property in St Ives that sold for more than double the asking price at last month’s auction, this catalogue also features coastal properties. Lot 104 in Kent’s seaside town of Whitstable is a freehold building with the potential for redevelopment, guide of £200,000+. Lot 214, a clifftop home with spectacular sea views in the sought-after Devonshire village of Kingsbridge is guided at £135,000+

Elsewhere, in the Capital, the catalogue features a rare opportunity to purchase a ‘micro-flat’ in Chelsea. Spanning 204 sq ft and located in an attractive mansion block, Lot 191, is located just moments from King’s Road, guide £275,000+.
 
Richard Adamson, Partner and Auctioneer, Allsop said: “The quality of the stock in the October catalogue really stands out. Whether it be an ambitious development opportunity or an attractive home in a great location, to live in or let.

The record result of September’s auction has shown us that the market is robust despite the political uncertainty and there is a good depth of buyers in the market if the pricing is right.  We are anticipating another busy auction room this month.”

Related articles
More from Auctions
Latest from Financial Reporter
Latest from Commercial Reporter