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Holy trinity of investment opportunities

Auctioneers are offering a holy trinity of investments in the East Midlands as two churches and a chapel are set to be sold under the hammer this month.

With divine development opportunities in Leicestershire, Nottinghamshire and Derbyshire, bidders will be blessed with choice in SDL Auctions’ national property auction, which takes place over two days on Thursday 29th and Friday 30th October.

Buyers can double up in Derbyshire with a versatile property with links to Florence Nightingale’s family.

Lea Chapel and Cottage in Main Road, Upper Lea, near Matlock, which has a *guide price of £150,000+, comprises a Grade II-listed former chapel with adjoining cottage in a heavenly location.

Built in 1671 in coarse natural stone, the chapel has Gothic-style windows and is an attractive feature of the village. It is believed to have had a strong connection with Thomas Nightingale, a relative of Florence Nightingale, who lived in the village.

The chapel building comprises an entrance hallway with cloakroom, large main chapel area with pulpit and balcony, and a school room with a vaulted ceiling and access to Beech Cottage. The cottage is gas centrally heated and has a lounge, kitchen and pantry, with a galleried-style landing leading to two double bedrooms and a bathroom.

The properties occupy a large plot with the potential for an additional building, subject to planning permission.

Head of auctions East Midlands Robert Stone said: “This is a beautiful property in a beautiful location, surrounded by the dry stone walls characteristic of this area and with masses of potential to become a stunning family home and for a separate building plot, with the necessary permissions. It could also be suitable for a holiday home, as Matlock and the Peak District are just up the road.”

Over in Leicester and located in a converted church, 2 St John Chambers in Ashwell Street is a ground-floor apartment which, with cosmetic improvements, could become a sublime first-time buy or rental property.

Well placed for shops, bars and restaurants, the property has a hallway with airing cupboard, a fitted kitchen, lounge overlooking the communal gardens, one bedroom with a built-in wardrobe and a bathroom. The property has an estimated rental value of £500 per calendar month and a guide price of £55,000+.

Both of these properties will be sold on the first day of the auction, alongside other residential lots.

Day two of the auction will see a Nottinghamshire church go under the hammer.  Dating from 1818, Scarrington Methodist Church in Main Street, Scarrington is a detached building retaining most of its original features. It comprises an entrance area and church meeting hall.

Located in the heart of a sought-after village, with easy access into Nottingham, Grantham and Newark, the property provides plenty of scope for change of use, subject to planning. It has a guide price of £50,000+.

All three lots will be sold by SDL Auctions, the UK’s most successful live-streamed auctioneer in its two-day national property auction on 29th and 30th October. Lots will be split into residential and commercial, with Lea Chapel and Cottage and 2 St John Chambers being sold on the first day, and Scarrington Methodist Church being sold on the second day.

Already the auction features more than 150 lots and properties are still flooding in. Last month’s auction featured 240 lots – SDL Auctions’ biggest yet – and took the total raised this year for sellers to £130 million for sellers.

There is still time to enter your property into the auction. For more information, or request a free no-obligation auction valuation, call the friendly team on 0800 046 5454 or click here.