Allsop has released the catalogue for its upcoming 29-30 July residential auction, featuring more than 300 lots, 14 of which are guided at £1m or more.
12-16 Church Hill, Walthamstow, London, E17 3AG
The highest-value property in the catalogue is a substantial freehold development opportunity in Walthamstow, London, comprising three buildings, currently arranged to provide 17 flats, benefiting from planning consent for the creation of seven additional apartments, being guided at £4.9m-plus.
Meanwhile, in Lancaster, a freehold student-led mixed-use investment, comprising 77 student bedrooms and two retail units, generating £389,575 in annual rental income, has a guide price of more than £2.5m.
Another student accommodation investment in Aberdeen, comprising 56 self-contained studios, generating £433,064 per year in rent and representing a gross yield of 21.65%, has been guided at £2m-plus.
Finally, in Wellingborough, a freehold building, arranged as 14 self-contained flats, has a guide price of £1.75m.
Richard Adamson, managing partner and residential auctioneer at Allsop, said: “We are delighted to launch our seventh dedicated residential catalogue of the year, with more than 300 lots offered across a two-day sale. The breadth of opportunities available reflects the continued strength and depth of demand we are seeing across the residential auction market.
“Following the success of our recent auctions, which have delivered strong pricing and high levels of participation, we expect this catalogue to generate significant interest from a wide range of buyers. With market conditions continuing to support well-priced opportunities, we anticipate a busy marketing period in the lead-up to the sale.”
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