Savills February auction results

Confidence returned to the auction market at Savills first auction of 2017 with 80% of properties sold and a combined value of over £60m.

After a turbulent end to 2016 this represents a comforting return to form and will hopefully continue throughout this year.

The demand for larger unbroken freeholds was apparent with a number of these selling in excess of £1m, particularly of note being Cintra House, SE19, which sold for £4.3m.

Vacant houses within London continue to be popular while the more stable long term investments of Regulated/Life Tenancies and Ground Rent Investments move from strength to strength.

They are now inviting entries for our next auction on 29th March. If you would like to enter a property into this auction or need any further information on our services please contact us on 0207 824 9091 or email [email protected].