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Derby property auction offers homes of all shapes and sizes

Homes of all shapes and sizes feature in the latest auction catalogue from SDL Auctions Graham Penny ahead of next week’s auction at Pride Park Stadium, Derby.

Bungalows, terraces, flats and houses are among the 63 lots featured in the catalogue, which includes six properties being sold by online auction.

First to go under the hammer on Friday 25 October will be a refurbishment property in the city, which auctioneers say has already attracted a great deal of attention.

77 Bethulie Road, Derby, is a two double bedroomed semi-detached house in need of improvement and upgrading with a *guide price of £69,000+.

Robert Stone, head of auctions East Midlands at SDL Auctions Graham Penny, said: “We’ve had a lot of interest in this property already and with good reason. It’s in a great location within walking distance of Foresters Retail Park and has lots of potential for improvement as well as a loft conversion and extension, subject to planning permission. It would make a great investment.”

If you’re looking for a rural property, The Lodge, Draycott House, Nottingham Road, Draycott, offers character and space. With a guide price of £325,000+, the Georgian-style detached house has three double bedrooms and sits on a plot of around an acre, with a small woodland and countryside views.

It has two well proportioned reception rooms, dining room opening through to a fitted kitchen and a particular feature is the wrap-around conservatory. There is potential to add value as the property requires improving and upgrading throughout.

Investors looking to add value will be interested in the large number of terraced properties going under the hammer, many of which require upgrading.

30 Longford Street, Derby offers a particularly good opportunity both to add value and to maximise income.

The four bedroomed property, which has a guide price of £125,000+, has planning permission for conversion into five bedroomed en-suite student accommodation with communal living area and kitchen. This would involve the single-storey rear extension being demolished and rebuilt. Once completed, the estimated rental income would be £25,000-£26,000 per year.

Robert said: “This would make a fabulous student property in a location which is ideal for both the Kedleston Road and Markeaton Street campuses. The house has already undergone some improvements including new windows and damp proofing, and is currently a shell ready for the new owner to start work straight away.”

One terraced property which offers something a little different is 16 Apiary Gate, Castle Donington. The period town house, which has a guide price of £125,000+, is well presented and is packed with character.

Located in a quiet road within the town’s conservation area, its ground floor features a galley kitchen and utility room, as well as two reception rooms; one with a beamed ceiling and period built-in cupboards, the other with an original ornate ceiling rose and open fireplace. Upstairs there are three bedrooms and a family bathroom on the first floor, as well as an attic room which serves as a further double bedroom.
Robert said: “This is a lovely location and a really lovely property. Castle Donington is always desirable because of its fantastic transport links so this would make a great addition to any landlord’s portfolio or a wonderful first home.”

Ending the auction on a high note will be 5 Stanhope Road, Mickleover, a bungalow which is expected to attract enthusiastic bidding, due to the potential to add value and its popular location.

Set back from the road behind a neat garden, the two bedroomed semi-detached property has an entrance hallway, lounge through diner, fitted kitchen, conservatory, two bedrooms and a bathroom. The property requires improvement and could be suitable for an extension or loft conversion, subject to planning permission. The guide price is £115,000+.

Robert said: “This is a great property to end our auction, which is full of excellent properties for investors, private buyers and developers. We always strive to offer variety and this month’s auction will definitely not disappoint.”

You can view the full auction catalogue online or see all the lots going under the hammer at Pride Park Stadium on Friday 25 October by clicking here, you will also find information about bidding by telephone, online or by proxy here