Most Expensive Auction Properties of the Month – October

Auctions aren’t only for acquiring low-cost lots with excellent potential – they’re also an superb source of high-end properties. Below, we explore some of the most valuable residential, commercial and industrial buildings and sites available at auction across the UK throughout October 2023.

92,285 Square Foot Former Office Building, Middlesbrough

(For Sale with Savills Property Auctions)

92,285 Square Foot Former Office Building in Middlesbrough - For Sale with Savills Property Auctions with a Guide Price of £2,900,000 (October 2023)

This is a large and prominent building positioned right in the heart of the North Yorkshire town of Middlesbrough. Currently comprised of offices arranged across six storeys, the lot comes with planning permission for its change of use and conversion into a hotel with gym, kitchen, restaurant and banqueting hall, 26 apartments and an additional café/restaurant.

The greater part of the property is vacant, with the remaining tenants presently providing a total of £38,600 per year.

Located just two minutes’ drive from the Marton Road Interchange and the A66, the building sits very close to the Dundas and Cleveland Shopping Centres.

The lot will be brought to auction by Savills Property Auctions on 10th October 2023 with a Guide Price of £2,900,000.

Tenanted Industrial Site, Manchester

(For Sale with Savills Property Auctions)

Tenanted Industrial Site in Manchester - For Sale with Savills Property Auctions with a Guide Price of £6,500,000 (October 2023)

Currently attracting £730,308 per annum from its 36 tenants, this large site is located in Northeast Manchester, close to Miles Platting and Philips Park, only 12 minutes’ drive from junction 21 of the M60. Details of current tenancies – and a full accommodation schedule – are available from the auctioneer or vendor.

Arranged either side of a railway line, over a site measuring approximately 4.29 acres, and with a Gross Internal Area of around 108,111 square feet, this is a substantial lot that offers huge potential to the right investor.

Manchester city centre is only 10 minutes’ away by car, and Oldham can be reached in less than half an hour.

The lot will be brought to auction by Savills Property Auctions on 10th October 2023 with a Guide Price of £6,500,000.

5 Bed Detached House, Birmingham

(For Sale with Savills Property Auctions)

5 Bed Detached House in Birmingham - For Sale with Savills Property Auctions with a Guide Price of £2,200,000 (October 2023)

Sitting in around 3.5 acres of stunning garden, this beautifully-appointed property is available in superb condition and boasts wonderful semi-rural views.

Comprised of an expansive drawing room, generous sitting room, study, impressive kitchen/diner, separate WCs, snug and laundry room to the ground floor, along with five generous bedrooms (four with en-suite bath or shower rooms and one with two adjoining dressing rooms) to the first floor, the lot also features a basement that is furnished as a games room and cinema.

The home also features a detached garage with space for four vehicles, and a new outbuilding measuring approximately 1259 square feet.

The property is gated and accessible via a sweeping driveway. It sits just seven minutes from The Royal Town of Sutton Coldfield, less than five minutes’ from Butlers Lane train station by car. The M6 Toll can be reached in less than 10 minutes, and Birmingham city centre can be accessed within half an hour.

The lot will be brought to auction by Savills Property Auctions on 10th October with a Guide Price of £2,200,000.

8 Bed Country House, Beccles

(For Sale with Auction House East Anglia)

8 Bed Country House in Beccles - For Sale with Auction House East Anglia with a Guide Price of £1,250,000 - £1,500,000 (October - November 2023)

This staggeringly beautiful late-Georgian property sits in around seven acres of sweeping lawns, formal gardens and areas of mature trees.

Arranged over two storeys, with a reception hall, sitting room, drawing room, dining room, study, TV room, kitchen/breakfast room and laundry room to the ground floor, as well as eight bedrooms and five bathrooms to the third floor (which is accessible via a breath taking split staircase), the house has been elegantly and sensitively decorated.

Located less than 10 minutes’ drive from the lovely Suffolk market town of Beccles and just over 20 minutes’ drive from Pakefield Beach in Lowestoft, the property sits surrounded by rolling green countryside.

The lot will be brought to auction by Auction House East Anglia on 1st November 2023 with a Guide Price of £1,250,000 – £1,500,000.

18th Century 8 Bed Farmhouse with Annexes, Oxford

(For Sale with Robinson + Hall Property Auctions)

18th Century 8 Bed Farmhouse with Annexes in Oxford - For Sale with Robinson + Hall Property Auctions with a Guide Price of £1,100,000 (October 2023)

Sitting in approximately three quarters of an acre, this Oxfordshire property forms an “L” shape, partially enclosing a courtyard. The main 8-bed farmhouse is comprised of three reception rooms, a kitchen with pantry, a utility space, a conservatory, utility room, shower room and bathroom to the ground floor. The home also features a double-aspect master bedroom with fireplace, grand bathroom and dressing room to the first floor – along with three additional en-suite bedrooms. I ts second floor includes four more en-suite bedrooms.

In addition, the lot incorporates two one-bed annexes; one with a lounge/diner, kitchen, bedroom and shower room and the other with a lounge/kitchen, bedroom, shower room and garden room. This second annexe also includes a storage space, a garage and a double car port.

Located 20 minutes from Oxford by car, the property is just 10 minutes’ drive from junction 10 of the M40. Central London can be reached in an hour and three quarters by public transport.

The lot will be brought to auction by Robinson + Hall Property Auctions on 11th October 2023 with a Guide Price of £1,100,000.

4 Storey Former Care Home, Broxbourne

(For Sale with William H Brown Property Auctions)

4 Storey Former Care Home in Broxbourne - For Sale with William H Brown Property Auctions with a Guide Price of £1,300,000 (October 2023)

Currently featuring 23 bedrooms, various treatment rooms, four bath/shower rooms, three reception rooms, a kitchen and a conservatory, as well as attractive lawned and paved garden space and a hardstanding yard for parking, this former care home is Grade II Listed and may be suited to a range of future uses, depending on consents.

Broxbourne train station is only 10 minutes’ walk from the property, with Central London reachable in less than an hour by public transport and Harlow accessible in under 20 minutes by car. The various amenities of the Hertfordshire town of Broxbourne all sit within a mile of the site.

The lot will be brought to auction by William H Brown Property Auctions via the Modern Method of Auction, with a Guide Price of £1,300,000. It is in pre-auction marketing at the time of writing, with no closing date for bidding currently displayed.

5 Bed Art Deco Property, Gerrards Cross

(For Sale with I Am Sold Property Auctions)

5 Bed Art Deco Property in Gerrards Cross - For Sale with I Am Sold Property Auctions with a Guide Price of £3,000,000 (October 2023)

Available in excellent condition and beautifully decorated, this 1930s property is comprised of a formal drawing room, a cosy sitting room, an open plan kitchen/diner and a superb “leisure wing” with a swimming pool, jacuzzi and changing facilities. To the first floor, the lot includes four spacious bedrooms – one with dressing rooms and en-suite bathroom, one with en-suite WC and a third with “Jack and Jill” access to a main family bathroom. The home also features a large garage and on a sweeping lawn within its 4.81 acres of land can be found a fantastic treehouse.

Despite its peaceful and secluded feeling, the property actually sits just 10 minutes’ drive from junction 1 of the M40. Central London can be reached in less than an hour an 20 minutes by public transport, and all of the amenities of the attractive Buckinghamshire town of Gerrards Cross are accessible in three minutes by car.

The lot will be brought to auction by I Am Sold Property Auctions via the Modern Method of Auction, with a Guide Price of £3000,000. It is in pre-auction marketing at the time of writing, with no closing date for bidding currently displayed.

4 Storey Terraced House, Shepherds Bush

(For Sale with Savills Property Auctions)

4 Storey Terraced House in Shepherds Bush - For Sale with Savills Property Auctions with a Guide Price of £1,350,000 (October 2023)

This attractive terraced townhouse sits just three minutes’ walk from Hammersmith Park in London‘s Zone 2, less than 40 minutes from the very heart of the capital by public transport. Westfield Shopping Centre is less than 10 minutes away on foot and Shepherds Bush Market tube station is reachable in five minutes.

The major thoroughfare of Uxbridge Road, which offers excellent eateries, pubs and the Bush Theatre, is just three minutes from the front door.

Comprised of two good-sized reception rooms, a kitchen and a shower room/WC to its lower ground floor, the lot also features two further reception rooms and a bathroom/WC to its first floor and two generous bedrooms each to both its first and second floors.

There is even a rear garden – a rarity in such a central area of London. Renovation is required throughout, but the potential presented by this opportunity cannot be overestimated.

The lot will be taken to auction by Savills Property Auctions on 10th October 2023 with a Guide Price of £1,350,000.

Block of 6 Apartments, Colliers Wood

(For Sale with SDL Property Auctions)

Block of 6 Apartments in Colliers Wood, For Sale with SDL Property Auctions with a Guide Price of £2,450,000 (October 2023)

This is a superb opportunity for the right investor to take ownership of this beautifully-presented block of six luxury apartments, located on the Colliers Wood High Street in London’s Zone 3.

The Colliers Wood tube station is just eight minutes’ walk away – providing access to Central London in less than 45 minutes. Both St George’s Hospital and Wandle Meadow Nature Park are reachable within 10 minutes on foot, rendering the property perfectly placed for all of the amenities of this very desirable neighbourhood.

Let in its entirety for the next two years, and attracting over £200,000 in rental income annually, this building offers an immediate and superb return on investment.

The lot will be brought to auction by SDL Property Auctions on 26th October 2023 with a Guide Price of £2,450,000.

Working Watermill, Newport

(For Sale with Auction Estates)

Working Watermill in Newport, For Sale with Auction Estates with a Guide Price of £1,750,000 (October 2023)

The only working watermill on the Isle of Wight, this lot is a beloved tourist attraction that features holiday lets in the form of eco-lodges and cottages, a museum, an eatery and a gift shop. The site also features a golf course, fishing lakes, play areas and a camping and caravan site, and has its own wedding venue licence. Arranged over 14.2 acres, there is plenty of potential to build on its existing offerings to visitors and holidaymakers, depending on local consents.

The gorgeous local village of Calbourne features a pub, shop and garage. The mill sits just 20 minutes’ drive from Cowes, which offers easy access to the UK mainland via ferry. Yhe property is also only 10 minutes from Portsmouth and 30 minutes from Ryde by hovercraft.

The lot will be brought to auction by Auction Estates on 26th October 2023 with a Guide Price of £1,750,000.