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Auction Calendar

London property auctions in December 2016

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London property auctions taking place in December 2016:

5. December Lambert Smith Hampton – view catalogue
5.-6. December Allsop Commercial – view catalogue
6. December Athawes & Son – view catalogue
7. December Phillip Arnold Auctions – view catalogue
8. December Countrywide Property Auctions – view catalogue
8. December Acuitus – view catalogue
8. December Network Auctions – view catalogue
8. December Harman Healy – view catalogue
12. December Savills – view catalogue
13. December MS Auctions – view catalogue
13. December Strettons – view catalogue
14. December Barnett Ross – view catalogue
14. December Auction House London – view catalogue
14. December Andrews & Robertson – view catalogue
15. December Allsop Residential – view catalogue

Some of the more interesting offers this month include:

SW1 Belgravia, Victoria, Pimlico, Westminster
1 Eaton Square – Flat K, leasehold 4th floor 2-bedroom flat with roof garden in Grade II listed building min price £3,000,000+ (Auction House London) Withdrawn prior to auction
99F St George’s Drive – A fourth-floor studio flat in need of modernisation min price £400,000 (Savills) Sold Post
92 Grosvenor Road – Leasehold one-bedroom lower ground, ground and first-floor maisonette min price £550,000+ (Auction House London) Sold prior to auction, for an undisclosed amount.

W1 Mayfair, Marylebone, Fitzrovia, Soho
20 Greek Street
– Soho restaurant and more minimum price £2.4M – £2.5M (Allsop Commercial) WITHDRAWN
105 Hallam Street – Flat no 62, vacant leasehold fourth-floor studio flat in need of modernisation in Marylebone min price £110,000+ (Savills) Withdrawn
Fursecroft on George Street – Flat no 66, leasehold lower ground floor self-contained flat in Marylebone min price £250,000 (MS Auctions)

W2 Bayswater, Notting Hill
21 Alexander Street
– Freehold 5-storey mid-terrace house in Bayswater min price £4,000,000+ (Auction House London) Withdrawn prior to auction
6 London Street – Freehold Estate Agent and Office Investment min price £2.9M – £3M (Allsop Commercial) Sold for £2.9m
Arthur Court on Queensway – Flat no 67, leasehold one bedroom flat in need of modernisation min price £575,000+ (Savills) 23.12.2016 available at £590,000
Park West on Edgware Road – Flat no 367, leasehold one-bedroom sixth-floor flat min price £295,000 (Auction House London) Withdrawn prior to auction

W4 Chiswick
32 Chiswick High Road – Leasehold shop investment in Chiswick min price £500,000+ (Allsop Commercial) Sold for £630,000
12 Cleveland Avenue – Freehold terraced house – the former home of William Bowyer RA in Chiswick min price £1.05M+ (Savills) Sold for £1.095m
265 Acton Lane – Vacant freehold residential and commercial premises min price £895,000+ (Athawes Son & Co)

W6 Hammersmith
17 Studland Street – an attractive three bedroom mid terrace family house requiring modernisation min price £1.05M+(Savills) 23.12.2016 available at £1.06m

WC1 Bloomsbury, High Holborn, Kings Cross, St Pancras, Clerkenwell
Derby Lodge on Britannia Street – Flat 17, long leasehold vacant 5th floor flat in Kings Cross min price £895,000 (Athawes Son & Co)

SW6 Fulham
320 Munster Road – Vacant freehold corner shop premises with upper parts sold on long lease min price £325,000+ (Athawes Son & Co)

SW10 Chelsea
45B Gunter Grove – A  leasehold two bedroom lower ground floor flat min price £600,000+ (Savills) Refer to Auctioneer

EC2 Barbican, The City
Breton House – Flat 14, second-floor studio flat in Barbican min price £400,000+ (Auction House London) *Unsold, last bd was £397,000. Refer to auctioneer

E2 Bethnal Green, Shoreditch
1-3 Yorkton Street – Two-storey building in Bethnal Green min price £2.75M – £2.9M (Allsop Commercial) *Sold prior
Fellows Court on Weymouth Terrace – Flats no 17,37 & 235 POA (Strettons)

SE1 South Bank, Southwark, Bermondsey, Lambeth, Vauxhall
33 Coin Street – A long established restaurant investment in Grade II listed building min price £700,000 (Acuitus)

N1 Islington, Angel
143 Upper Street – Restaurant and commercial premises min price £1.3M – £1.4M (Allsop Commercial) Sold for £1.62m
149 Upper Street – Freehold bar/restaurant and residential ground rent investment min price £700,000+ (Allsop Commercial) *Sold for £800.000
61 Chapel Market – Freehold Retail Investment min price £600,000 (Acuitus)

N16 Stoke Newington
142-146 Stoke Newington High Street – Virtual Freehold Supermarket Investment min price £2.25M – £2.5M (Allsop Commercial) *Not sold

NW6 Belsize Park
46 Belsize Road – First-floor flat min price £375,000+ (Countrywide)

Please note the minimum prices are subject to change. For up to date relevant information please visit the auctioneer’s website.

Allsop Commercial Auction Update 8.12.2016

Allsop raised over £117.6m on 5th-6th December, which is a year-on-year increase of almost 100% on the £59.8m sold at the commercial auction held in December 2015.

The result takes the total realised by Allsop’s commercial auction department in 2016 to a record of £605m, against a 10-year average of £450m. With a total of 170 commercial lots sold, it was the largest December catalogue offered by the auction house for a decade.

The average lot size was £691,000, compared to the average lot size of £620,000 to date in 2016. A total of 39 lots sold at over £1m either prior to or at the auction, representing 23% of the catalogue, against the 2016 average of 16%.

The largest lot to sell was a retail parade on Kentish Town Road, which sold for £4.06 million from a guide price of £3.8m, reflecting a net yield of 5.3%.

Other high-value lots included a car park site in Hounslow, 2 miles from Heathrow Airport, that sold for £3.1m; and a freehold estate agent and office investment on London Street in Paddington that sold for £2.9m.

Duncan Moir, Partner & Auctioneer at Allsop, commented: “It was a buoyant room, with strong competition in a good number of sectors. The private investor clearly has deep pockets. There remains some price sensitivity in secondary areas, but the sale levels for better locations are very well supported.”

Source: Allsop

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Please note that all property prices in this article are subject to change. You should always contact the sales representative for the up to date information.

While every effort has been made to ensure the accuracy of the information presented on this page is up to date and correct, Buildington accepts no responsibility for any errors contained in the information, or if the information is not current.

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