20th June 2022
Looking for a renovation or development project? SDL Property Auctions’ June catalogue has them all
As the weather grows hotter this summer and many begin their hunt for their next property project, SDL Property Auctions’ June catalogue, which features over 180 lots from across the UK, could be the perfect place to start.
In Belper in Derbyshire, 41 Derby Road, presents a great opportunity for a lucky buyer to acquire an attractive, three bedroomed, palisaded mid-terraced property which lies within yards of Belper town centre. In need of full renovation, the property retains some original features including Minton tiled floors and moulded coving. With a guide price of £88,000+ plus fees, this is a real opportunity to add value to a property, whether bought for residential purposes or to convert and let out.
Managing Director and Auctioneer Andrew Parker said: “These properties are what have typically come to auction for in the past, although the landscape continues to evolve and change. It really does have fantastic potential, especially for a sympathetic renovation which retains some of its stunning features. Its location is great too, with Belper being just a stone’s throw away from beautiful countryside.”
Another fantastic development opportunity in Derbyshire can be found at 212 Stenson Road, being offered for sale in partnership with Hannells. Set on a deep plot, this three bedroomed property offers vast redevelopment potential, subject to the usual planning consents being obtained. The vendor has advised us that the original accommodation was built by using four train carriages, offering any future buyer the chance to work with a truly unique property. With a guide price of £95,000+ plus fees this is likely to be popular on auction day.
For those looking to dip their toes into the renovation world, 106 Station Road in Leicester could be right up your street, which is being offered for sale in partnership with Carlton Estates. This is a handsome, detached period residence which requires modernisation and has a guide price of £225,000+ plus fees. There are good sized rooms throughout and could make a superb family home for those looking to put their own stamp on their property.
A more ready-to-go investment opportunity is available in Birmingham at 13 York Road, which currently produces £38,000 per annum in income, which has a guide price of £290,000+ plus fees. This is a mixed-use property located adjected to Erdington High Street which benefits from high footfall and consistent rental demand. The property comprises 5 units with ASTs let at £36,080pa, with potential to rent out additional commercial space for an extra £2,000pa.
To the North East in Durham, is 13 Moore Terrace, which is being offered at a guide price of just £20,000+ plus fees. The property is in need of full refurbishment, but features a lounge, kitchen, and bathroom as well as three bedrooms. With the property sitting on a corner plot, it has vast potential once refurbished and would make a lovely family home or rental property for any landlord.
Finally, a significant development project can be found in Burton-on-Trent in Staffordshire. The site of the Dart Inn, which has been subject to fire damage, now has planning permission for 11 residential dwellings. Full details of the planning outline can be found on the East Staffordshire Borough Council planning portal – number P/2021/00431. With a guide price of £420,000+ plus fees, this could be a lucrative investment for any local developers.
Andrew said: “It’s great to be able to offer the chance to breathe new life into a development site, especially one such as this where the original building has experienced damage. It’ll be interesting to see where this gets to on auction day, and even more so to see what becomes of it in the coming months.”
These are just a few of the opportunities being sold in June through SDL Property Auctions, with the June National Property Auction featuring a great range of homes, apartments, commercial properties, land and more, suiting every requirement and budget.
The National Property Auction on Thursday 30th June will be live streamed via the SDL Property Auctions with bids placed online, on the phone and by proxy. Bidding registrations must be submitted before midday on Wednesday 29th June by clicking here. For more information on any of the properties, click here or call the team on 0800 046 5454.