Residential Auction Annual Review 2014
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2014 Auction Sale Highlights

Strength of the London market

Lot 3 - May West Norwood, London Semi-detached building internally arranged as 2 flats. Over 200 viewings. Sold well over guide (£250k - £275k).
Sold £610K
Lot 33 - December South Kensington, London Freehold mixed use investment opportunity. Highest price achieved under the hammer at an Allsop residential auction.
Sold £6.96m

Regional locations feel the ripples from London

Lot 271 - March Reading, Berkshire Two buildings internally arranged as 11 flats
Sold £940k
Lot 159 - September Croydon, Surrey Detached building internally arranged as 4 flats
Sold £940k

Office to residential opportunities in demand

Lot 174 - February Twickenham, Middlesex Commercial office building. Offered with permitted development rights for 17 flats.
Sold £2.25m
Lot 14 - September Fitzrovia, London Freehold Grade II Listed mid terrace. Planning permission to convert upper floors to 3 flats.
Sold £2.5M

Public sector land with residential development potential

Lot 81 - December Coventry, West Midlands Site with planning permission for 3 dwellings. On the instructions of NHS Property Services Ltd.
Sold £600k
Lot 167 - October Kidlington, Oxfordshire Site with potential for redevelopment subject to consent By order of the Ministry of Justice.
Sold £325k

Auction has succeeded where private treaty has been unsuccessful

Lot 178a - February Winchmore Hill, London Family house with swimming pool. On private treaty market for 2 years with offers below hammer price.
Sold £2.61m
Lot 30 - March Marylebone, London Grade II Listed 4,000 sq ft townhouse. On private treaty market for 3 months.
Sold £4.8m

Interesting lots

Lot 65 - May Colchester, Essex England’s largest Victorian water tower
Sold £190K
Lot 147 - October Chelsea, London Most expensive garage sold in UK
Sold prior