Tuesday 15 December 2026 at 1.00 pm · The Biltmore Mayfair, 44 Grosvenor Square, London W1K 2HP · in the room, online, by telephone and by proxy
Our final London property auction of 2026 takes place live at The Biltmore Mayfair on Grosvenor Square on Tuesday 15 December, starting at 1.00 pm. Every lot is sold by unconditional auction contract: contracts exchange on the fall of the hammer, and completion is usually 20 business days later – around mid-January 2027, so buyers can start the new year with the keys.
The Catalogue
The sale opens with land – amenity plots, paddocks and former railway land in Lincolnshire, the Fens, Cheshire, Surrey, Kent and the South East, many with guide prices from £450 to £30,000. It then moves to building plots with planning, larger development sites in London and the regions, and let investments: student studios in Nottingham, sea-view holiday apartments in Woolacombe, a Grade II listed former bank in Sheffield, a six-bedroom HMO off Brick Lane, studio buildings in Thornton Heath and blocks of let flats in Croydon.
Lots are added each week until the catalogue closes. See all December lots: https://palaceauctions.com/property-auctions-2026/current-auction/
How to Bid
You can bid in the room, online, by telephone, or by proxy by arrangement. Online bidders pay a £2,000 security deposit when registering, refunded to unsuccessful bidders within 48 hours.
Register to bid: https://palaceauctions.com/register-property-auction-london/
Before You Bid
Buyer’s Costs
Deposit: 10% of the purchase price, minimum £3,000
Buyer’s premium: typically 1%–3% of the price, minimum £2,000 plus VAT – see each lot’s Special Conditions
Contract documents charge: £850 plus VAT
Online bidder security deposit: £2,000, refunded within 48 hours to unsuccessful bidders
VAT, legal costs and other charges: where they apply, set out in each lot’s Special Conditions
Selling at Our December Auction
Sellers pay no upfront fees and, in almost all cases, no commission. We sell at the auction, online, by private treaty and off-market. Entries for the 15 December sale close on Monday 16 November – call 020 7101 3647 for a free appraisal.
Enter a property: https://palaceauctions.com/entries-invited/
Guide and Reserve Prices
*A guide price is an indication of the seller’s current minimum acceptable price at auction. The reserve is the seller’s confidential minimum, agreed with the auctioneer. Both may change up to and including the day of the sale.
Palace Guidance Notice
Lot details are for guidance only and do not form part of any contract. Buyers must rely on their own inspection, enquiries and the legal pack.
We look forward to welcoming you to The Biltmore Mayfair on Tuesday 15 December.
Page last updated: 15 November 2026
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