13th June 2018
SDL Auctions Graham Penny Nottingham auction has something for everyone
From windmills to one bedroomed apartments, there is something for everyone in SDL Auctions Graham Penny’s next Nottingham auction.
Young professionals may be drawn to a superbly presented one bedroomed apartment at Flat 5, 10 Arundel Street in Nottingham, located in the desirable residential location of Arboretum. The property is handily placed within walking distance of the city of Nottingham and Nottingham Trent University.
It also comes with communal gardens and on-street residents parking and has a *guide price of £65,000+.
On a much larger scale, the auction also includes a residential development opportunity at 4 Ransom Drive in Mapperley, a substantial four bedroomed detached residence with the potential to extend, set on a quarter of an acre plot with a planning application submitted for three further dwellings.
It has a guide price of £365,000+.
Another investment opportunity comes at 83a Princes Street in Eastwood, which is an end of terrace property recently converted into four one bedroomed self-contained apartments. Each apartment has open plan living and kitchen areas, one double bedroom and a shower room, along with access to a gated courtyard providing private parking.
It is understood that the current developers have also had plans drawn up for a block of two apartments to be built to the rear of the property, subject to planning permission. It has a guide price of £180,000+.
Two tenanted one bedroomed properties in the same building are also being offered as separate lots.
A major opportunity for an investor comes with Heritage Court, the Model Village School in Central Drive in Shirebrook. This is a superb chance to acquire a former infants’ school which has been part developed into ten self-contained one and two bedroomed apartments. It has a guide price of £450,000+.
Vejay Pal, senior valuer at SDL Auctions Graham Penny, said: “The detached building was built circa 1908 and is Grade II listed. It has an attractive design with interesting architectural features and we are expecting a lot of interest in what is a fantastic investment opportunity.”
And if you are looking for something a bit different, how about a windmill or a former BT repeater station?
The Grade II-listed Moneys Mill dates back to the early 1800s and dominates Moneys Yard, a popular retail development with ample on-site parking off Carre Street in the vibrant town centre of Sleaford in Lincolnshire. It has a guide price of £135,000+.
The former BT repeater station is a single building on Loughborough Road in Ruddington and has a guide price of £23,000+.
These are just some of the 41 properties for sale in SDL Auctions Graham Penny’s auction at Nottingham Racecourse on Tuesday 26 June. The full catalogue can be viewed here.