Flint Bishop

Listed gems and investment buys on offer under the hammer

Savills next auction on 30th June at the Nottingham Race Course, Colwick, promises a varied mix of property opportunity.

Number one, Promenade promises to be a star lot. This six bedroom, Grade II listed town house offers approximately 3,500 square feet of accommodation set on the fringe of Nottingham City Centre and overlooks neighbouring parkland.

With the regular mix of residential, commercial and investment opportunities, the sale will also include a former Lock Keepers home, located within Shardlow on the banks of the Trent and Mersey canal. The property enjoys open views over neighbouring countryside and is ideally located close to good commuter routes. 

Bob Crocker, a Director at Savills Nottingham and auction co-ordinator, comments: "The auction promises real opportunities for buyers, as a diverse mix of period residential properties, investment opportunities and commercial lots are all on offer."

Lots range from listed buildings to a traditional three bedroom semi detached home within Ashfordby, to former offices located within a period semi detached property within West Bridgford. 

For developers, there is a single plot with full planning in Aldercar near Langley Mill and in contrast a one and quarter acre site, again with full planning, located within Tuxford near Newark on the Nottinghamshire County border.  Investors will be pleased to see established rental properties covering both the private and student sectors of the market, within Arnold, Lenton and Beeston. 

This sale along with the regular mix of terrace dwellings sees a number of principle residences being offered with realistic expectations reflecting the vendors wish for early completions. 

Bob Crocker adds: "It is pleasing to see a number of principle residences being offered for the sale, giving an opportunity to the owner-occupier to acquire along with the more established buyers." 

 

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Article published by Midlands Business News on 20 June, 2011

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