"The catalogue features a wide variety of asset types covering the length and breadth of the country and we anticipate a busy few weeks ahead"
- Richard Adamson - Allsop
Allsop has announced that it has released its November residential auction catalogue offering 512 lots, 20 of which are guided at £1m or above. The latest catalogue features a mixture of investment and development opportunities across the UK, including a Grade II-listed chalet with mooring boatyard in Surrey and a pair of linked two-storey mews properties with planning in Bloomsbury.
According to the firm, its previous residential auction was its largest in over a decade, raising £67.5m and representing a success rate of 86%. Together with its commercial auctions arm, Allsop raised more than £100 million in September from the sale of residential, commercial and mixed-use assets.
Richard Adamson, partner and auctioneer at Allsop, said: “Following the success of our three-day September auction, which raised £67,500,000 with a success rate of 86%, the tremendous volume of supply and demand for investment and development opportunities has once again required us to hold a multi-day sale. The catalogue features a wide variety of asset types covering the length and breadth of the country and we anticipate a busy few weeks ahead.
“What this demonstrates is the fundamental attractiveness of real estate as an investment class – whether as an asset to hold or a value-add opportunity – particularly when combined with the surety of the auction sale and the national and international reach of an auction house like Allsop.”
