Auctions

SDL Property Auctions end the month on a high

Property Reporter
|
7th March 2022
Auction 822

A hat-trick of live-streamed auctions plus daily Timed Auctions has meant another busy month for SDL Property Auctions, with lots of all types and across the country going under the hammer.

Following the Shepherd Commercial Property Auction and Knight Frank Auctions, the National Property Auction ended the month on a strong note by getting great results for sellers across the country.

In a sought-after location in the centre of West Bridgford, 14 Hound Road was offered for sale with a guide price of £450,000+ and sold for an impressive £704,000. Requiring full renovation, the detached Victorian property has seven bedrooms and would make a superb family home or investment/development opportunity, subject to planning permission.

Andrew Parker, Managing director and auctioneer, said: “What an exciting start to our National Property Auction this was. This beautiful property attracted a great deal of attention from bidders and with good reason. There are lots of possibilities here and we look forward to seeing this house being given a new lease of life.”

Staying in Nottingham, a detached bungalow in Beeston achieved excellent results, too, selling for £344,000 from a guide price of £235,000+. Sitting on a substantial plot with the potential to extend, subject to planning permission, 1 Field Lane has three bedrooms, two reception rooms, a conservatory, garage and gardens front and rear.

In nearby Leicester, 49 Kirby Road is another substantial property that drew enthusiastic bidding in the Auction Event. The five bedroomed House in Multiple Occupation, ideally situated within walking distance of bars, De Montfort University and Leicester Royal Infirmary, has been successfully let to students every year since 2009. It is already let for the 2022-2023 academic year, at £19,200 excluding bills. The property sold for £265,500 from a guide price of £220,000+.

Meanwhile, in Derbyshire, a charming end-terraced cottage in Mickleover was sold in partnership with Hannells. Set back from the road in an elevated position, the charming and extended 8 Bank Cottages, Uttoxeter Road in Mickleover is in need of some refurbishment and sold for £177,000 from a guide price of £95,000+.

There were excellent results in Timed Auctions, too, including an attractive cottage in Derby, also sold in partnership with Hannells. Set on a large plot close to the town centre, 159 Alvaston Street in Alvaston is a beautifully presented and spacious one bedroomed cottage that has been modernised to a high standard while retaining period features such as beamed ceilings. It sold for £95,000 from a guide price of £90,000+.

Andrew concludes: “These are just a few of the many properties we have sold in the East Midlands and all over the country, from Scotland down to the south coast. Our position as the UK’s most successful live-streamed property auctioneer means we reach a huge audience of serious buyers and work hard to get the best results possible for every seller.”

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