Allsop is due to auction off a selection of interesting Prime Central London lots at the end of the month, including an Eaton Square apartment on a super-short lease.
The auction house has been flagging up the increasing number of prime properties going under the gavel in recent months, and they don’t come much more prestigiously addressed than Number 1 Eaton Square, Belgravia.
Perched on the fourth floor of the former home of famous Conservative MP Robert Lord Boothby, the 900 square foot flat is to be offered on a guide of £200k+. There’s a meagre 15 months left on the lease but apparently another 20 years are available, subject to the usual approvals.
The other eye-catcher from the catalogue is a flat roof with airspace on Kensington’s Palace Gardens Terrace. Offered on a guide of £25k+, the 82 square foot plot at first floor level (pictured below) “may afford development potential”, according to the auctioneers.
Further highlights include an amalgamation opp on Westbourne Terrace (£800k+), a third floor at Empire House in Knightsbridge (£2.5m-£2.6m+), three new-build townhouses at the new Canonbury Cross development in Islington (£1.4m+), and a detached house in Wimbledon with pool and cinema (£2.3m+).
Allsop’s Richard Adamson: “There was a large turn-out at our first residential auction of 2017, with buyers undeterred by the changing economic and political landscape, and we expect to welcome similar crowds to this auction.
“Whilst there is the usual diverse offering in the catalogue, in particular there are some excellent lots in central London, as well as permitted development opportunities. We are seeing considerable appetite for permitted development sites, including regionally.
“Overall, there is high demand from buyers in the auction room – our challenge is making sure we have sufficient stock to meet this demand.”
Full catalogue here