How did the Savills Auctions team perform in 2024?
Savills sold over £810m worth of property in 2024 across 2,500 lots. We achieved a 74% success rate, though, that varied through the year in response to changes in market sentiment. Investors buying market let residential stock obtained an average gross yield of 11.1%, though that varied significantly by reference to the nature of stock purchased. Our sales included £236m of commercial and mixed-use assets, with dry investments delivering an average yield of 10.8%.
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Read the articles within Auctions Review 2024 & Outlook 2025 report below