Residential Property Auction December 2017
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Residential Auction Annual Review 2017
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2017 Auction Sale Highlights

Lots with planning permission or permitted development rights (PDR)

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Lot 53 - February Crawley, West Sussex Town centre office building with planning granted for 111 flats and PDR for further 76 flats Guide £7M+
SOLD PRIOR
Residential Auction 2017 Mar Lot 8
Lot 8 - March Paddington, London W2 Two units in a Grade II listed building with planning to provide a single two-bed property Guide £810,000+
SOLD £1.15M

Lots with planning permission or permitted development rights (PDR)

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Lot 55 - May Whitechapel, London E1 Building with planning for retail unit (A1 Use) and seven apartments Guide £2M+
SOLD £2.355M
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Lot 63 - May West Bromwich, West Midlands Five storey commercial building with PDR for 47 dwellings Guide £1M+
SOLD £1.45M

Lots with planning permission or permitted development rights (PDR)

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Lot 106 - July Stevenage, Hertfordshire Town centre office building with PDR for 21 flats Guide £1.4M+
SOLD £1.805M
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Lot 50 - September Kingsbury, London NW9 Residential / B1 development opportunity with PDR for 17 flats Guide £2.85M+
SOLD £3.21m

Lots with development potential

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Lot 27 - February Harrow, Middlesex Former library with potential for conversion to flats Guide £1.25M - £1.5M
SOLD £1.925M
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Lot 26 - March Greenford, Middlesex Former health care centre with potential for redevelopment Guide £900,000 - £950,000
SOLD £2M

Lots with development potential

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Lot 334 - July Belfast, Northern Ireland Development site extending to approximately 4.22 hectares (10.43 acres) with development potential Guide £1.25m+
SOLD £1.3M
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Lot 16 - October Clapham North, London SW9 Site comprising end of terrace corner building and former rehabilitation centre Guide £3M+
SOLD £3.44M

Tenanted lots

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Lot 14 - May Teddington, Middlesex Mid terrace two bedroom house subject to a regulated tenancy. Current rent reserved £10,374 per annum Guide £500,000+
SOLD £610,000
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Lot 214a - July Prestbury, Cheshire Detached six bedroom house subject to an AST. Total current rent reserved £12,000 per annum (equivalent) Guide £1.6M - £1.8M
SOLD £1.8M

Income producing

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Lot 33 - May Harringay, London N15 Two adjoining mid terrace buildings providing ground floor retail unit and eight flats subject to ASTs. Total current gross rent reserved £133,412 per annum (equivalent) Guide £1.3M
SOLD £1.67M
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Lot 10 - September Leeds, West Yorkshire Ground rent investment secured upon a purpose built block providing 74 apartments. Total current rent reserved £17,489 per annum Guide £325,000+
SOLD £445,000

Income producing

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Lot 251 - October Cardiff Long leasehold upper parts arranged to provide student accommodation. Total current rent reserved £172,664 per annum (equivalent) from 14 flats with two flats vacant Guide £1.1M+
SOLD £1.18M
Residential-Auction-2017-Dec-Lot-92
Lot 92 - December Battersea, London SW11 Six storey mid terrace mixed use building providing ground floor shop and four flats subject to ASTs. Total current rent reserved £110,860 per annum (equivalent) Guide £1.35M+
SOLD £1.615M

High value homes

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Lot 179 - February Westminster, London SW1 Leasehold four bedroom ninth and tenth floor penthouse Guide £2.1M+
SOLD £2.1M
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Lot 17 - May Coaley, Gloucestershire Grade II listed six bedroom house with two bedroom barn conversion, swimming pool, orchard and paddock Guide £1.6M+
SOLD £1.555M

High value homes

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Lot 46 - May West Hampstead, London NW6 Mid terrace six bedroom house with four bathrooms, garden and first floor roof terrace Guide £2.5M+
SOLD £2.505M
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Lot 227 - July Chalmington, Dorset Grade II listed 12 bedroom manor house set in a 13.91 hectare (34.38 acre) estate Guide £1.25M - £1.5M
SOLD £1.43m

High value homes

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Lot 80 - September St Ives, Cornwall Three bedroom detached house overlooking Porthmeor beach Guide £625,000+
SOLD £1.44M
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Lot 229 - October Marylebone, London NW1 Long leasehold three bedroom purpose built fifth floor flat Guide £1M+
SOLD £1.18M

Unusual lots

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Lot 26 - February Royston, Hertfordshire Former telephone repeater stations Guide £90,000+
SOLD £307,500
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Lot 191 - October Chelsea, London SW3 Leasehold 19 sq m (204 sq ft) third floor flat subject to an AST Guide £275,000
SOLD £300,000
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