South London based auctioneer Andrews and Robertson held their latest auction on the 8th of May at the Grand Connaught Rooms in central London and a total of £8.3m has so far been raised from the lots sold.

A packed room and some competitive bidding led to an overall success rate of 62% being achieved after 46 of the 75 residential and secondary commercial lots were offered to potential buyers.

With financial security being at the heart of current investor sentiment and with concerns about occupancy and the economy fairly widespread, auctioneer Robin Cripp says there was a mixed response to properties located beyond the capital with investors now being "more cautious about purchasing some commercial and residential stock in Buckinghamshire, Essex, Lancashire, Bedfordshire and Kent."

The vendors included: Grainger plc, the London Boroughs of Wandsworth and Southwark, LPA receivers, executors and trustees, as well as private property companies and private individuals.