Residential Auction
Team of 22 including nine partners and four auctioneers, with a combined 400 years’ experience in the residential auction market.
SPECIALISMS
- We sell a wide range of properties throughout the UK including vacant and investment properties, land and development sites, permitted development opportunities, ground rents, HMOs, care homes and mixed use.
- Eight major auction sales held each year both online only and in-room at prestigious central London venues.
- Unique private treaty with an auction ‘backstop’ marketing approach.
EXPERIENCE / TRACK RECORD
In 2022:
- £372m raised at auction, an equivalent of £1.5m per working day.
- Sold 1009 lots, an equivalent of 4 lots sold per working day.
- Success rate of 80%.
- Average lot size £367,740.
- 78 lots sold for over £1m.
CLIENTS
- Include: major property companies, housing associations, local authorities, government departments, public utilities, charities, receivers, mortgagees, administrators, executors, trustees and private individuals.
WHY ALLSOP?
- The UK’s leading residential auction house.
- Unrivalled market exposure: Global reach to database of circa 100,000 subscribers.
- Team works closely with the Residential Investment and Commercial Auction departments to ensure best advice on marketing strategy and routes to market.
WHY AUCTION?
- Binding contract on the fall of the gavel.
- Certainty of sale.
- Transparency.
- Speed.
- Efficiency.
- Best price.
Transactions
LOT 34 - MARCH 2022
London, N4
- Four freehold buildings
- Providing a total of 45 letting rooms, plus two generous car parking areas
- Producing £766,000 pa
Sold prior: £7.5M
LOT 25 - JUNE 2022
London, W11
- Freehold unbroken building providing 12 self-contained flats
- GIA 4,587 sq ft
Sold: £4.999M
LOT 45 - JUNE 2022
Newbury
- Freehold development site
- Planning consent for seven houses
Sold: £2.5M
LOT 8 - MAY 2022
London, SW7
- Three bedroom flat totaling 133.6 sq m (1,438 sq ft)
- Subject to an AST producing £78,000 pa
Sold: £2.205M
LOT 100 - DECEMBER 2022
Halifax
- Five Freehold residential apartment blocks
- Comprising a total forty-one self contained 2 bedroom flats
- Producing £185,400 pa
Sold: £1.965M
LOT 23 - MARCH 2022
Cheam
- Vacant Freehold former care home
- Development potential
Sold prior: £1.8M
Key Contacts
Residential Auction Team
