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Savills announces ‘bumper’ July catalogue

Savills Auctions has announced the catalogue for its July sale, which it says is one of the biggest it has featured over the last few years.

The mixed-use catalogue for the sale, to be held on 18 July, features over 220 residential, commercial and development opportunities across the UK.

Savills has raised £260m from 750 property lots via its live-streamed auctions during the first half of 2023, 25% up year-on-year for the same period last year.

Residential highlights coming up in the sale include: a five-bedroom detached house in Hertfordshire within one acre of landscaped grounds with a guide price of £3,000,000 (pictured); a five-bedroom house in Oxshott, Surrey, set in a 0.32 acre plot with a guide price of £1,600,000; and a Grade II listed property in Ross-on-Wye, Herefordshire, with 19 bedrooms over three buildings, on a site of approximately 8.93 acres, guide price £1,100,000.

Commercial, development and mixed-use highlights include: a multi let industrial estate of approximately 5.22 acres located in the town of Tetbury with a guide price of £4,000,000; an office investment in Islington, London, N1, currently producing £196,573 pa, together with seven vacant office units with deemed consent for residential conversion, guide price £3,800,000; and a freehold serviced office investment and future development opportunity in Stratford, London, E15, currently producing a gross income of approximately £321,460 pa, with a guide price of £3,100,000.

Savills Auctions director Gary Murphy described the July auction as having a “bumper catalogue”, adding that it featured 20 lots guided over £1m and 50 lots over £500,000.

Savills has seven remaining auctions in 2023.

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Photo © Savills

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