Most Expensive Auction Properties of the Month – January

Here are some of the highest value properties available at auction across the UK in January 2023. Whether you’re looking to add further value to an already aspirational property or you’re on the lookout for a very comfortable new home, take a look at this selection of attractive lots to find the perfect place.

18-Studio Apartment Complex, Witney, Oxfordshire

(For Sale with Connells Auctions)

18 Studio Apartment Block in Witney - For Sale with Connells Auctions for a starting price of £1,500,000 (January 2023)

Perfect for a buy to let investor, this lot is located a ten-minute drive outside of the beautiful market town of Witney in Oxfordshire.

Each apartment has an attractive open plan living and bedroom space, with some benefitting from allocated parking. The complex attracts an approximate annual income of £130,000, and, with an industrial estate right on its doorstep, its residents have immediate access to employment opportunities.

Available freehold and surrounded by plenty of attractive green space, this well-appointed lot will be taken to auction by Connells and is currently in pre-auction marketing, with a closing date for bids still pending. It has a starting price of £1,500,000.

10 Flats, Littlehampton, West Sussex

(For Sale with Austin Gray Auctions)

Complex of 10 Flats in Littlehampton - For Sale with Austin Gray Auctions for a starting price of £1,700,000 (January 2023)

Once a single property, this lot has been expertly converted into 10 self-contained units. There is the potential for more to be built on the same site, adding to the property’s already impressive rental yield of around £87,240 per annum.

The lot’s 15 garages also currently produce around £11,955.96.

Located just a few minutes from the beautiful Littlehampton seafront, with shops, eateries and a range of other superb amenities, this property is also within easy reach of beautiful parks and greens.

Littlehampton train station is just a 15 minute walk away, and the location is served by a number of local bus routes.

The property will be taken to auction by Austin Gray on 31st January 2023 for a Guide Price of £1,700,000.

Development of 8 Apartments, Banbury, Oxfordshire

(For Sale with Bairstow Eves Auctions)

Development of 8 Apartments in Banbury - For Sale with Bairstow Eves Auctions for a starting price of £1,800,000 (January 2023)

This is a superb investment opportunity in an ideal location.

A complex of eight one and two bed apartments situated in Calthorpe Heights in Banbury, the lot has benefits from great transport links. Banbury train station is just 15 minutes’ walk away, and lovely green spaces such as Peoples’ Park and Moorfield Park are also close at hand.

Its central location provides very easy access to a range of amenities and leisure activities.

Flooded with natural light and featuring top quality craftsmanship and a fresh finish, the residents of this complex will enjoy superb levels of comfort and convenience.

The lot will be taken to auction by Bairstow Eves and is currently in pre-auction marketing. It has a Guide Price of £1,800,000.

6 Bed Grade II Listed Property, Haslemere, Surrey

(For Sale with Austin Grey Auctions)

6 Bed Grade II Listed Period Property in Haslemere - For Sale with Austin Gray Auctions for a starting price of £1,100,000 (January 2023)

Arranged over four floors, this elegant freehold Grade II listed property is currently vacant and benefits from a quiet, semi-rural location.

With six spacious bedrooms, two basement rooms with potential for office use, a private garden with outbuilding and space for multiple vehicles on its generous driveway, the period home requires some renovation. This should be undertaken in accordance with its listed status.

This lot will be taken to auction by Austin Grey on 31st January 2023 with a Guide Price of £1,100,000.

4 Bed Property with Land for Development, Atherstone, Warwickshire

(For Sale with Green & Company Auctions)

4 Bed Property with Land for Development in Atherstone - For Sale with Green & Company Auctions for a starting price of £1,000,000 (January 2023)

This hugely attractive 4 bedroom property comes with just under a fifth of a hectare of land and permission for the erection of an additional three four-bed detached properties, promising a very significant return on investment.

With attractive and generous rooms and spacious, sweeping gardens, the property’s location is also a major draw. It is located between the lovely villages of Grendon and Dordon(North Warwickshire), just a 10 minute drive from Tamworth and seven minutes from Atherstone, with a range of amenities close at hand.

The lot will be taken to auction by Green & Company on 18th January 2023 with a starting price of £1,000,000.