Major projects for redevelopment

There are plenty of properties for DIY fans looking for projects in the SDL Auctions Graham Penny auction on Thursday 1 November at Pride Park Stadium in Derby.

Robert Stone, senior valuer at SDL Auctions Graham Penny, said: “Our 56 lot catalogue features several examples of properties that can be developed into great family homes after they have been renovated.”

31 Town Street in Holbrook village is currently a one bedroomed period property with a large three storey rear extension but it has the potential for conversion to two bedrooms, subject to building regulations. There is also a large cellarage area to the rear that could be converted into further rooms, subject to building regulations.

The property already has gas central heating and double glazing and has a *guide price of £90,000+.

Another project requiring full renovation is a late Victorian semi-detached house at 15 Burton Road in Woodville, near Swadlincote, which has three rooms and a bathroom on the first floor and a loft area suitable for conversion, subject to planning permission. It has a guide price of £69,000+.

Overlooking a wooden green, 271 Boulton Lane in Alvaston is a double fronted mature three bedroomed semi-detached house requiring improvement and upgrading. Its features include a 19 ft 5 in x 8 ft conservatory to the rear of the house. It has a guide price of £100,000+.

A property with tremendous potential as a family home is Cliff House Farm in Dovecliffe Road, Stretton.

Robert Stone said: “This is a substantial four double bedroomed detached family home set within approximately one acre of land in a popular rural location.

“The large house has ample space to suit almost any family and has masses of potential for those that would like a project. To the rear, there are a number of outbuildings including two large barns, a small paddock, unused office buildings and extensive gardens to the front and rear.”

It has a guide price of £432,000+.

5 Hands Road in Heanor is a two bedroomed detached property in need of refurbishments with the potential for redevelopment, subject to planning permission. This is a project that could involve either the extension of the existing property or for a separate building project (STP).  It has a guide price of £88.000+.

The next SDL Auctions Graham Penny Derby auction takes place on Thursday 1 November at Pride Park Stadium.