Family homes of all shapes and sizes sell in May with SDL Property Auctions

The month of May saw SDL Property Auctions help secure the sale of all kinds of homes – past, present, and future – for sellers from across the UK, including everything from small-scale renovation projects to gothic Victorian villas, raising over £16m in the process.

 

Grade 2 listed property for auction

 

One of the most anticipated lots on the day was 96 Osmaston Road in Derby (pictured), a Grade II listed property in a prominent location in the city. Currently boasting 12 bedrooms, with ample space to increase this with the necessary consents in place, the property has an abundance of potential. After going under the hammer for £595,000+ plus fees, it eventually sold for £654,000.

 

Andrew Parker, Managing Director and Auctioneer of SDL Property Auctions said: “This is truly a stunning property with its sheer scale making it a lucrative purchase for the lucky buyer. The period features it has retained only add to its appeal, and it’s no surprise that it’s been snapped up in this month’s auction. As it benefits from planning permission for change of use to a residential dwelling, it will certainly be exciting to see what happens with it over the coming months”.

 

That wasn’t the only great result achieved in Derbyshire either, with 2 Gayton Avenue being offered early on in Thursday’s sale. A traditional four bedroomed detached house, the property is situated within yards of a local junior school, making it the perfect purchase for a family looking to truly make their house a home. With a scheme of improvement and upgrading required, the property sold for £301,000 off of its guide price of £205,000+ plus fees.

 

Similar results were achieved in Leicestershire as 14 Avebury Avenue sold for £276,000 off its guide price of £185,000+ plus fees, after a flurry of excited bidders sought to make the house their own. Another four bedroomed detached house also in need of some improvements and renovations, could become a truly stunning home as it benefits from unique features such as tiled fireplaces and a sizeable back garden.  

 

It's not all about ready-to-go properties either. In partnership with Wheatcroft and Lloyd, Minshull United Reform Church, a Grade-II listed chapel, also attracted a great deal of interest on auction day. With the necessary contains obtained, this has the potential to become a stunning church-conversion property, a renovation trend that shows no signs of slowing down. Selling for £120,000 off of a guide price of £50,000+ plus fees, this was a great result for all parties involved.

 

There were buyers who were looking to just put their finishing touches on a property too in our Timed Auctions this May. The Cottage on 12 Fountain Street in Lincolnshire, received 25 bids online in the space of just a couple of hours, selling for £182,000 after being offered at a guide price of £140,000+ plus fees. Offered in partnership with Newton Fallowell, this three bedroom cottage benefits from gas fired heating, a security system and double glazing, with the new owners also being able to take advantage of the properties quaint countryside location.

 

Andrew added: “We continue to find more and more family homes coming to auction as people look to find a secure and safe way to sell their property, with the added benefit of the speed that auction provides. There is clearly the appetite from buyers to take advantage of these sales too, a trend we hope to see continuing over the coming months as we continue to make progress in showcasing auctions as an alternative route to sale no matter the requirements of you or your property”.