6th February 2020
Love will be in the air for Valentine’s Day property auction
If your other half has a passion for property, why not forgo the flowers this Valentine’s Day and buy them a love nest at Derby’s first property auction of the year instead?
SDL Auctions Graham Penny has launched its first 2020 Derby auction catalogue ahead of its Friday 14 February auction at Pride Park Stadium in Derby, where it will be playing matchmaker between buyers and sellers.
The 52-page catalogue features 47 lots from Derby’s most successful property auctioneer†, including a wide variety of homes to suit all budgets.
And buyers are expected to be bowled over by 53 Church Road in Quarndon, a rare find in this most exclusive of Derbyshire villages with a *guide price of just £125,000+.
Robert Stone, head of auctions East Midlands at SDL Auctions Graham Penny, said: “It’s extremely unusual to find a property for less than half a million pounds in Quarndon, so unsurprisingly we have had a great deal of interest in this charming character cottage.”
The two bedroomed cottage requires refurbishment but auctioneers estimate that after an investment of £30,000 to £50,000, it could be resold for around £270,000 to £290,000.
On the ground floor, the cottage, which has uPVC double glazing, comprises an entrance lobby, a reception hallway/dining room, a front sitting room with open fireplace, kitchen and large walk-in pantry. Upstairs there is a landing leading to two double bedrooms with built-in wardrobes and a bathroom featuring WC, hand basin and shower cubicle.
At the front of the property is a small garden with the potential to create a parking space, subject to planning permission. There is a generous enclosed garden with a patio and raised lawn at the rear.
If a room to grow is a priority, then 92 Laceyfields Road in Heanor could be the one to light your fire.
Set well back from the main road on an elevated plot with far-reaching views, the traditionally built three bedroomed semi-detached house, which has a guide price of £85,000+, requires a comprehensive scheme of improvements and the potential for an extension, subject to the necessary planning consents.
It comprises an entrance hall, front sitting room and full-width rear kitchen/diner. To the first floor landing there are three bedrooms and a family bathroom, while outside there is a deep foregarden which is mainly lawned and an enclosed rear garden with decking.
Robert said: “This would make a great investment as it provides the opportunity to add value both via the necessary refurbishment and, if desired, an extension, should the necessary planning permission be obtained. The property is in an ideal location with the amenities of both Heanor and Langley Mill nearby and the A610 and M1 motorway within easy reach for commuting.”
Buyers charmed by a challenge will also relish the opportunity to refurbish 100 Cornwall Road in Derby, a three bedroomed mid-town house set well back from the road.
Requiring improvement and upgrading, the property, which has a guide price of £45,000+, features an entrance hall with stairs to the first floor, a front sitting room and a desirable full-width kitchen diner.
Upstairs are three well-proportioned bedrooms, a shower room and separate WC while, outside, there are gardens front and rear. The property is within a short commute of Chaddesden village shopping centre, the city centre, the A52 and M1.
And if you yearn for the romance of a large garden, then 25 Kenilworth Avenue in Derby could make you fall head over heels in love.
Requiring minor improvements, the spacious three bedroomed semi-detached house has a guide price of £115,000+ and sits on a deep plot, set well back from the road with ample parking and a generous rear garden. This provides the opportunity to extend the property, if required, and subject to the usual planning permissions.
As it stands, the house features uPVC double glazing and gas central heating, with living accommodation comprising an entrance hall, lounge, separate dining room, fitted kitchen with built-in appliances and pantry/utility. On the first floor are three well-proportioned bedrooms and a spacious bathroom with disabled facilities.
Kenilworth Avenue is an established residential location positioned along Derby’s inner ring road, with swift access to several retail parks and the city centre.
Robert said: “This is the ideal investment property, with only minor improvements required to make it ready to let, and in such a great location close to both of Derby’s main hospitals, that it’s sure to be in demand on the rental market.”
Buyers who prefer to leave the upgrades to others could find themselves starry-eyed over 26 Mill Street in Ilkeston, which is a well maintained three bedroomed end-terraced property with a guide price of £65,000+.
The property is double glazed, gas centrally heated and has recently been recarpeted. It features a front sitting room, fitted dining kitchen, rear lobby and bathroom with a modern white three-piece suite. Upstairs there are three well-proportioned bedrooms, while outside there is an enclosed rear garden.
It sits in an established residential location popular with first time buyers, young couples, landlords/investors, with easy access to shops, Ilkeston railway station and good road links.
Robert said: “This is yet another property with great rental potential and is sure to attract a lot of attention at our Derby auction.”
He added: “We can’t wait to get back to Pride Park Stadium on Valentine’s Day and get our auction year off to a great start. We have a huge variety of properties going under the hammer so there is sure to be something to capture your heart.”
You can view the auction catalogue online or see any of the properties going under the hammer here, where you will also find information about bidding online, by phone or by proxy.