Residential and Commercial Catalogue Now Live featuring a combined of 677 lots

• Allsop’s bumper September catalogues feature a combined 677 lots, with 531 residential and 146 commercial investments on offer
• 17 residential and 34 commercial lots are guided at or above £1m
• Among the highest valued residential lots are a former office building in Surrey and a block of flats in London, guided at £4.25m+, while the most expensive property featured in the commercial catalogue, a car park in Norwich, is guided at £5m+

We have released this September residential and commercial auction catalogues, offering potential purchasers a total of 677 investment opportunities across the UK. The residential auction team has released a 531-lot-strongcatalogue with properties sold on behalf of private investors and developers as well as receivers and housing associations, while the commercial auction catalogue, the largest released since September 2022, will feature lots marketed on behalf of private investors, REITS, investment funds and managers as well as listed businesses.

The latest catalogues feature numerous high-value properties, with 17 residential and 34 commercial lots guided at or above £1m.

Richard Adamson, managing partner and residential auctioneer said:

“The speculation about an increase to CGT rates as part of the Autumn Budget is having a clear impact on residential property owners’ plans, with many choosing to sell their real estate assets ahead of October. With a broad buyer base, which includes investors but also owner occupiers, this pool of newly available properties will undoubtedly present attractive opportunities to many, and we look forward to seeing how the market will respond to this dynamic as we bring over 500 residential lots to market as part of our September auction.”

George Walker, partner and commercial auctioneer said: 

“With interest rates finally starting their downward path, our clients are offering a wide range of quality stock in anticipation of a more solid market, and to get ahead of the likely uptick in supply over the course of the autumn. Their pricing is realistic, and as buyers look to expand their portfolios beyond retail, there are plenty of appealing opportunities to consider, across all lot sizes. We look forward to what will be a busy week for both auction teams.”

Earlier this month, Allsop’s auction arm announced its partnership with Empire Global Finance enabling bidders to access short-term finance.

Residential auction highlights include:

• Lot 19 – a freehold former office building in Surrey, with planning and permitted development for a total of 38 self-contained flats, guided at £4.25m+
• Lot 28 – three freehold blocks of flats in Harlesden, London, comprising a total of 24 two-bedroom flats with planning permission for a two-storey extension to provide a further six self-contained flats, guided at £4.25m+

Commercial auction highlights include:

• Lot 46 – a car park investment in Norwich, comprising an 823 space car park, let to Aviva Central Services UK,  guided at £5m+
• Lot 8 – a shop and office investment in Kensington, comprising a shop and office space arranged over 4 floors extending 3,611 sq ft, guided at between £1.8m and £2m+

Our next commercial auction will take place on 24^th September online, followed by the residential auction on 25^th, 26^th and 27^th September, via livestream.

Full commercial catalogue can be viewed here.

Full residential catalogue can be found here.