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3 bedroom cottage for sale
The Cottage, Nottingham Road, Codnor Gate, Ripley DE5 3JX
£100,000
The Cottage, Nottingham Road, Codnor Gate, Ripley DE5 3JX
£100,000
Our Summary
- For sale on 27 November 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- A superb freehold residential investment opportunity to acquire a brick built three double bedroomed detached cottage, located on a rectangular level shaped plot measuring 1
- 562 hectares) or thereabouts and which may lend itself to residential/commercial development subject to obtaining planning consent
- The property itself requires some improvement and upgrading and is mostly double glazed, gas centrally heated and in brief comprises two reception rooms and fitted dining kitchen with pantry/utility
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of £1,500 inc
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 27
- Potential for residential/commercial development, subject to planning
- Some improvement and upgrading required
- Very attractively priced freehold investment opportunity
Description
A three-bedroom detached cottage is being sold at auction on November 27, 2025, with a guide price and reserve price to be determined. The property is situated on a 1.38-acre plot and may be suitable for residential or commercial development, subject to planning consent. The cottage requires some improvement and upgrading, but features include double glazing, gas central heating, and three double bedrooms. The property is located near Codnor Industrial Estate and the market town of Ripley, with easy access to Derby and the M1 Motorway. The sale is being conducted as an unconditional sale, and buyers will need to register and submit a deposit of at least £5,000 to participate. A buyer's fee of £1,500, plus VAT, will also apply.