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SDL Auctions Graham Penny’s first 2018 auction opens doors for all buyers

Homestead SDL Auctions Graham Penny Derby

While the spotlight will undoubtedly be on The Homestead with its hidden door and secret passage at SDL Auctions Graham Penny’s first auction of 2018, there is plenty to interest all buyers from those seeking a first home to seasoned investors.

Derby’s top auctioneer, according to Essential Information Group, will be holding its first auction of 2018 at Pride Park Stadium on Thursday 22 February with 61 lots in the catalogue now published online.

The Homestead in Spondon Village, described as a magnificent Grade I-listed building, has already attracted strong interest and has a *guide price of £590,000+.

Indeed, it is believed to be one of only three Grade I-listed properties in Derby, and offers nine bedrooms in the main house, and also comes with a self-contained annexe, plus a separate coach house garage, which may be converted for residential use, subject to planning.

On the ground floor, a secret door in the morning sitting room opens on to a cellar passage to the extensive basement area.

For those seeking a cosy home on a rather less grand scale, Autumn Cottage in Etwall is an attractive, three-bedroomed property located a short distance away from the village centre. In need of refurbishment, this property has the potential for a substantial extension, subject to planning, and has a guide price of £260,000+.

Landlord investors will be attracted to 271 Abbey Street in Derby, a five bedroomed, end terraced house within easy reach of the city centre. The property is suitable for multi-letting, with income of £22,990 per annum, inclusive of bills. It already has interlinked smoke and heat alarms, together with emergency lighting. It has a guide price of £110,000+.

On a more modest budget, 10 Bellhouse Lane in Staveley, Chesterfield offers an ideal investment opportunity and the chance to restore an Edwardian terraced, two bedroomed property to its former glory. It has a guide price of £41,000+.

For those looking for a chance to put their signature on a refurbishment opportunity, 385 Baker Street in Alvaston, is an extended, three bedroomed, semi-detached house with a guide price of £40,000+.

The property is in a good location, making it a perfect opportunity for first time buyers, young families and landlords alike.

The auction on Thursday 22 February is the first of seven auctions SDL Auctions Graham Penny will hold at Pride Park Stadium in 2018. Details of all the lots entered in this auction can be found at www.sdlauctions.co.uk