Grab a bargain - Allsop releases catalogue for upcoming August auction

The catalogue for Allsop’s August auction is now available to view online.

The residential property auction catalogue features 155 lots across the UK, including apartments, houses, ground rent investments, and mixed-use opportunities across the country.

No fewer than eight lots are guided at £1m+, with lot 93, a freehold site and building with development potential   in Birmingham, the highest value investment lot 93. It is guided at £2.6m.

Some of the other highlights from the residential catalogue include:

Lot 82 – a freehold development site with planning for a two- storey building (to comprise nine apartments and two retail units) in Brentford, London guided at £1.6m+

Lot 55 – a freehold commercial building in Angel, London with planning for change of use of upper parts to residential, guided at £1.5m+

Lot 46 – a freehold two-bedroom house in Lambeth, London, with a rear garden, guided at £575,000+

Richard Adamson, partner and residential auctioneer at Allsop, said: “Our August catalogue offers a number of attractive development sites and investment opportunities across the UK, ideal for those looking for as sets with value- add potential.

The catalogue includes a range of properties sold on behalf of housing associations, and approximately 40 lots are being sold on behalf of receivers.

“As overseas travel becomes possible for many of our buyers, th ose on  holiday this summer will be able to fully reap the benefits of the online auction format, which enables participants to place bids at the click of a button from anywhere in world.

“As the removal of most of the remaining restrictions in the UK further boosts investor confidence, we expect the virtual ballroom to be buzzing with activity”.

The auction will take place online on 5 August. The catalogue can be found here.

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