Appetite for residential investments remains strong in auction rooms🏡

Appetite for residential investments remains strong in auction rooms🏡

Allsop’s latest residential auction generated £47m worth of sales, with 133 lots sold. On the day of the auction, buyers placed 3,722 bids, with 788 individuals registered to participate in the sale.

Investment opportunities in private rented accommodation, change-of-use and value-add properties proved popular at the auction held on 31 March.
The highest lot to have sold is a freehold collection of hostel buildings in Finsbury Park, north London, that provide a total of 45 rooms. The lot, which is let to Westminster City Council, was sold to a private investor prior to auction substantially in excess of its guide price of £7m. To continue reading, please Click Here


Get in touch with us

Most homeowners would like to sell their homes for as much money as possible, and the best way to do that is by attracting potential buyers to come for a viewing. Could the key to a successful sale be before a viewer has even stepped inside??

Are we making the most of the space we live in? In towns like Attleborough and across the UK, millions of homes boast two or more unused bedrooms—a surprising reality that cuts to the heart of the country’s housing debate. With 8.9 million properties sitting on excess space, it’s time to ask: are we using our homes as wisely as we think?

Do you have a holiday cottage or property that you use as a short-term rental investment? You might have noticed an increase of other similar properties coming on to the market in their droves and be wondering why. This article explores some of the reasons that holiday property owners are leaving the industry and how you can protect your investment moving forward.

Each week I bring you different local property market stats and trends. This week I'm sharing with you May's £/sq.ft statistics.