"While some buyers are still taking a wait-and-see approach as we approach the much-anticipated Autumn statement, this auction result clearly shows there is significant appetite for well-priced investment and development opportunities"
- Richard Adamson - Allsop
The most valuable property sold was lot 11, a freehold, unbroken building containing 11 self-contained flats and a basement. The building, which had been held by the same family for more than a century, achieved a price of £8.15 million.
Other highlights included Lot 43, Waltham Cross, Hertfordshire – a freehold detached three-storey building with eight self-contained flats producing £96,063 a year, sold for £1,400,000, Lot 144, Camden, London – a freehold mid-terrace building providing eight-bedroom accommodation, sold for £1,620,000, and Lot 244, Hethersett, Norwich – a freehold site of approximately 19.5 acres with development potential, sold for £1,750,000.
“While some buyers are still taking a wait-and-see approach as we approach the much-anticipated Autumn statement, this auction result clearly shows there is significant appetite for well-priced investment and development opportunities,” said Richard Adamson, managing partner and residential auctioneer at Allsop. “In particular, there has been a noticeable flight to quality in terms of demand from buyers. Despite operating in one of the most challenging markets in recent years, this auction raised an impressive £68 million.”
Adamson added: “We are still taking instructions for our October sale, the catalogue for which is due to be released in a couple of weeks.”
Allsop confirmed that its next residential auction will be livestreamed on 22 and 23 October 2025.
