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Blatantly going to be a greedy freeholder fucking over the leaseholders for a bit of cash.
Seem to remember a similar auction for loft space/space above a house that got pulled.
Ah, this one
BBC News - Auction of 'airspace' above Battersea flats delayed
https://www.bbc.co.uk/news/uk-england-london-67648371
aggi
@Greenbank
Who would want to live in a house whilst the basement was being dug out from underneath them? Is that really worth £5k?
Unless the flat/house above is a leasehold and it's the freeholder that is selling this...