Savills first auction of 2017 saw a welcome return of confidence, with 80.5% of the 215 lots on offer being sold for a total of £64.16 million. The largest sale of the day was Cintra House, a vacant four storey building in Crystal Palace, London SE19, which sold for £4.3 million.  

Vacant houses in London continue to be a popular choice for investors, but there is increasing interest in more stable, long-term investments such Regulated and Life Tenancies and ground rent investments.  

Other notable sales included The Karslake Building, a former water works building in Hampton, Middlesex, wjhich raised £1.9 million and John Garnett House, a Grade II listed former vicarage in Whitechapel, London E1, which sold for £2.02 million.  

Savills next auction will take place at The Marriott, Grosvenor Square, London W1K 6JP on 29 March 2017.