- Allsop’s first 2020 residential auction to offer 230 lots
- Catalogue features eight lots guided at £1m or more, with lot 128 in Gloucester, at £2.5m, the highest
- Across the catalogue there is 23 regulated tenancies, the most for 18 months
- Three separate care homes feature in the catalogue, each with development potential, subject to consent
Richard Adamson, Partner and Auctioneer at Allsop, said: “Most of us in the property industry were pleased to see the back of last year. The property market has arguably seen some positive movement since the General Election, proving there has indeed been somewhat of a Boris bounce.
“The early signs for 2020 seem to be supporting this sentiment and our February catalogue illustrates this view, featuring a wide range of quality investments and development opportunities. We anticipate a good response to the catalogue and a busy auction room on the day.”
Highlights from the catalogue include:
- Lot 128, 3 – 10, 12 & 14 Belgrave Road, Gloucester, GL1 1QZ – a vacant site consisting of ten freehold buildings and fourteen lock up garages. Guide £2.5m
- Lot 48, 38 Formosa Street, Maida Vale, W9 2JP – a leasehold self-contained lower ground and ground floor maisonette with a rear patio/garden, subject to a regulated tenancy. Guided at £750,000
- Lot 146, Holmwood, 11 Harvey Lane, Norwich, NR7 0BW – an attractive freehold former residential care home, currently providing 27 bedrooms together with communal facilities. Guided at £1.3m
The auction will take place on 13th February at The InterContinental London Park Lane, W1J 7QY.
The catalogue can be viewed online.
