Allsop releases November residential sale catalogue

The UK property auction house has published its latest catalogue ahead of November's three-day live-streamed event, featuring over 500 lots on offer.

Related topics:  Auctions,  Allsop
Property | Reporter
19th October 2023
Auction 822
"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.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.