Residential and development opportunities are the order of the day at SBK Auctions’ live-stream February auction.
Ivy Cottage in Middle Littleton near Evesham, Worcestershire is one such which is ripe for development and would suit an investor or a buyer looking to create a bespoke home. The property is a three-bedroom, semi-detached, with a separate garage and offers plenty of scope to extend subject to the necessary planning permissions. With a guide price of £240,000 it has had a great deal of interest and is unlikely to hang around.
Over in Leicestershire, a fabulous renovation or development project awaits the lucky owner of a three-bed, mid-terrace property in a popular residential part of Loughborough. It requires a full programme of works but once completed has the potential to provide a healthy re-sale value or rental income and yield, making it an ideal buy-to-let investment.
There are three bedrooms, a diner, kitchen and sitting room as well as family bathroom. Outside there is an easy-to-maintain front and back garden plus on-street parking
It has a guide price of £125,000 so is likely to be popular.
Another ideal investment or development property, also in Leicestershire, is a generous, four-bedroom detached house on a good sized plot.
The property, in Market Harborough, retains much of its original character but offers a chance for the new owner to put their own stamp on it by reconfiguring, refurbishing and renovating it, subject to the necessary planning permissions.
As well as great internal space there is also access to an integral garage, a front garden with established trees and plants and a back garden with a lawn and pebbled patio.
With a guide price of £250,000 there has been considerable interest and it is expected to be popular in the sale.
Over in Warwickshire is another fantastic development project, perfect for an investor or developer.
Templar House is a detached, five-bedroom property situated on a plot of approximately 1.47 acres of gardens and orchard. It has been vacant for some time and is ripe for complete refurbishment, renovation and modernisation.
As well as a double garage and off road parking, there is currently a generous sitting room, four bedrooms upstairs, two of which have an en-suite and a generous reception hall and utility room.
The property has an agricultural tie* and has a guide price of £450,000 but offers huge potential for the right buyer.
Director of Auctions, Matt Burrows said: “This sale is set to be very exciting as there are a number of lots perfect for those looking for a development project.
“Interest has been building steadily and I am anticipating it will be a lively auction with some serious bidding.
“As ever, please get in touch and email info@sbkauctions.co.uk if you would like more information or would like to register to bid.
“Likewise do get in touch if you have land or property you are considering selling and would like to know if auction is the right route.”
The auction takes place online and begins at 1pm on Wednesday, February 25. Email info@sbkauctions.co.uk for more information or to register.
*The dwelling has an agricultural tie with its occupation being limited to a persons employed or last employed solely or mainly and locally in agriculture as defined by Section 290 (1) of the Town and Country Planning Act, 1971, or in forestry or a dependant of such a person residing with them (which shall include a widow or widower of such persons).