Most Expensive Auction Properties of the Month – March

From a 90-bed apartment block to a stunning converted church, below we present the properties available for sale across the UK for auction buyers seeking a luxury asset or highly lucrative investment throughout March…

90 Bed Apartment Block, Redditch

(For Sale with Knight Frank Auctions)

90 Bed Apartment Block in Redditch - For Sale with Knight Frank Auctions for a Guide Price of £6,000,000 (March 2023)

A four-storey apartment block in the heart of Redditch (to the South of Birmingham), this lot sits within minutes of a huge range of amenities, including the Kingfisher Shopping Centre, Redditch train station, eateries, leisure venues and far more.

Already let and producing a return of £398,568 per annum, the complex is comprised of 40 two bedroom apartments and 1 three bedroom apartment. The lot also includes 17 car parking spaces, all but three of which are currently in use, and which attract a total return of £8,400 per annum.

The building also features a Post Office, which has been sold off on a 999 year lease.

The lot will be taken to auction by Knight Frank on 16th March 2023 with a Guide Price of £6,000,000.

7-Bed Detached Victorian Gothic House, Horley

(For Sale with Iamsold Auctions)

7 Bed Detached Victorian Gothic House in Horley - For Sale with Iamsold Auctions for a Guide Price of £1,500,000 (March 2023)

Sitting in a very generous 17 acres, this ground of this gorgeous period property feature sweeping lawns, fields and copses, as well as areas for fruit-trees and vegetable gardening. Inside, the house boasts a gym, a formal dining room and a workshop, which is attached to a coach house and stable. There is also a basement room.

Of the seven bedrooms, two have alternative uses as dressing rooms, while the master bedroom benefits from its very own lounge.

All of the spaces are very generous and many are already beautifully finished. Other areas of the property are partway through renovation, with a skim coat of plaster already in place, enabling the new owners to complete the work to match their own personal tastes.

Around a ten minute drive from all the amenities available in the lovely town of Horley (Surrey), and from Gatwick airport, this quiet, peaceful property boasts swift connections to almost anywhere in the world.

The lot will be taken to auction by Iamsold on 12th March 2023 with a Guide Price of £1,500,000.

Coastal Plot with Two Detached Bungalows (Plus Planning), Clevedon

(For Sale with Hollis Morgan)

Coastal Plot with Two Detached Bungalows (Plus Planning) in Clevedon - For Sale with Hollis Morgan Auctions for a Guide Price of £2,200,000 (March 2023)

This is a stunning 3.78 acre site located at  Jellalabad and Vimy Ridge overlooking Ladye Bay. Currently occupied by two derelict bungalows, the lot already has planning permission for the development of four detached houses with generous gardens and astonishing sea views across to Wales.

Available with extended 8 week completion, the plot sits just over five minutes’ drive from the centre of the beautiful Victorian coastal town of Clevedon (North Somerset), and within the catchment are of a number of local schools. Along with the astonishing beauty of the location, the property benefits from easy access to amenities, with superb leisure complexes such as the Clevedon Golf Club sitting less than five minutes away.

The property will be taken to auction by Hollis Morgan on 15th March 2023 for a Guide Price of £2,200,000.

6 Bed Church Conversion, Reading

(For Sale with Knight Frank Auctions)

6 Bed Church Conversion in Reading - For Sale with Knight Frank Auctions for a Guide Price of £2,300,000 (March 2023)

Retaining a plethora of wonderful original features, a spacious layout and a supremely elegant finish, this unique property is move-in ready – and even features fully integrated SMART technology throughout.

The main house is arranged over three storeys and includes an extremely spacious open plan kitchen, lounge and dining area, overlooked by colourful stained glass windows, a pulpit and a range of other ecclesiastical details. The property also boasts a viewing gallery, along with a family bathroom and four bedrooms, two with en-suites.

There is also an annexe building on the same plot, which features two bedrooms and a studio apartment.

Both buildings sit in an acre of beautiful garden, which includes a patio area, rolling lawns with outdoor seating and numerous trees.

The village of Grazeley is eight minutes’ walk away, offering access to local schools, and the larger town of Spencers Wood – with its shops, eateries and transport links – is reachable within a ten minute drive. The major town of Reading is less than twenty minutes away by car.

The lot will be taken to auction by Knight Frank on 16th March 2023 with a Guide Price of £2,300,000.

6 Bed Grade II Listed Barn Conversion, Sawbridgeworth

(For Sale with Sotheby’s Auctions)

6 Bed Grade II Listed Barn Conversion in Sawbridgeworth - For Sale with Sotheby's Auctions for a Guide Price of £5,000,000 (March 2023)

This elegant and characterful barn conversion retains original features such as ancient oak beams while luxuriating in high end modern design.

Featuring a huge open plan lounge/kitchen/dining/sitting area with floor-to-ceiling windows, a games room and cinema on a mezzanine level, a “spa” area with steam room and jacuzzi, six bedrooms and five bathrooms, the lot also features an annexe building with a spacious bedroom, kitchen and living room.

There are gorgeous sweeping lawns and a double garage – featuring an electric charging point – along with an expansive gravel drive secured by gates.

The property looks out over quiet rural views – however, the town of Sawbridgeworth (Hertfordshire) and its train station are just over five minutes’ drive away. Central London can be reached in a little over an hour and a half, and Stanstead Airport is just under 20 minutes away.

This lot will be taken to auction by Sotheby’s on 23rd-28th March 2023 with a Guide Price of £5,000,000.