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McHugh & Co sale raises £15m

A busy room and strong competition saw McHugh & Co sell 80% of its catalogue at its 30 April auction.

The auctioneer raised £15.1m as 59 out of 74 lots offered were sold.

Highlights from the sale included a freehold site in Pinner, Middlesex, which has planning consent for eight one-bedroom flats (pictured). It was guided at £750,000 and sold for £925,000.

A terraced house in West Hampstead, NW6, which had been converted into six self-contained flats, sold for just less than £1.2m off a guide of £1m, while a four-bedroom flat in Maida Vale, W9, sold on behalf of Mountview Estates sold for £870,000 off a guide of £700,000.

McHugh & Co’s next auction takes place on 3 July at the Montcalm hotel, W1.

To send feedback, e-mail samantha.mcclary@egi.co.uk or tweet @samanthamcclary or @estatesgazette

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