Allsop bring over 200 lots to the market with latest residential auction

Property Reporter
17th March 2022
Auction 822

Auctioneer, Allsop, has released its March residential auction catalogue, offering 205 lots with 16 guided above £1m.

The new catalogue features property for sale across London, Surrey, and Sussex and includes a mix of houses, apartments, ground rent investments, as well as mixed-use schemes, care homes and development sites.

Richard Adamson, partner and auctioneer at Allsop, said: “We are delighted to release our second catalogue of the year with over 200 lots on offer. The catalogue includes a variety of high-quality investment and development opportunities across the country and is 10% bigger than the one released in March 2021. As the UK economy re-emerges from the pandemic, the residential market continues to go from strength to strength, and we are expecting to see a busy couple of weeks leading up to the auction as buyers seek to express early interest in the most coveted lots.”

Highlights from the residential catalogue include:

▪ Lot 34 - four freehold buildings providing a total of 45 letting rooms in Finsbury Park, London, with
potential for conversion to self-contained apartments, guided at £7m+

▪ Lot 47- a freehold detached 40-bedroom care home in Surrey (GIA of approximately 19,162 sq. ft)
with potential for redevelopment or change of use, subject to consent. This lot is guided at £3.3m+

▪ Lot 41- a freehold detached three-storey building arranged to provide four self-contained flats,
situated in London, guided at £2m+

▪ Lot 110 – a freehold former hotel and a block of six self-contained flats with a large car park located in Hastings, East Sussex, with potential for reconfiguration and development, guided at £2m+

Allsop’s next residential auction will be held virtually on 31st March, and the complete catalogue is available here.

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