Allsop poised for bumper November residential auction

By
BE News Team

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Auction house Allsop is offering more than 500 lots – 20 of which are guided at £1m or above – at its November residential auction.

Highlights include the freehold of a Grade II-listed chalet (pictured) with mooring boatyard in East Molesey, Surrey, guided at £2.5m+; the freehold of a former social club and detached building with planning in Wood Green, London, for £4m+; and the freehold of 35 self-contained flats in Doncaster, South Yorkshire, guided at £1.7m+.

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.”

The auction takes place on the 2, 7 and 8 November and the catalogue can be viewed here.

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