The Corner House, Market Place
Shipston-on-Stour
Warwickshire
CV36 4AG
For Sale by Public Auction.
Substantial Period Villa in Prime Central Loughborough Location – Exceptional Development Opportunity
Occupying a sought-after position on one of Loughborough town centre's most popular residential streets, this substantial four-bedroom mid villa-style terraced property presents a rare opportunity to acquire an impressive period home with significant scope for enhancement and value creation.
Believed to date from 1897, the property retains a wealth of original character features synonymous with its era, including original fireplaces, decorative cornicing, ceiling roses and impressive high ceilings, all combining to provide an excellent foundation for an exceptional restoration project.
Requiring a comprehensive programme of refurbishment throughout, the accommodation is generously proportioned and briefly comprises an entrance hall, spacious lounge, separate dining room, kitchen and useful utility area with access to the rear garden. To the first floor are four well-proportioned bedrooms together with a family bathroom and separate WC . Externally, their is a front courtyard and an substantial rear garden.
The property will particularly appeal to developers, investors and experienced renovators seeking a project with considerable potential. Subject to obtaining the necessary planning consents, there may be scope to extend the existing accommodation or explore conversion into flats, offering further development opportunities. Supported by comparable evidence, it is considered that, following a high-quality refurbishment, the property has the potential to achieve a value in excess of £350,000, subject to prevailing market conditions.
Ideally situated within walking distance of Loughborough town centre, the property has easy access to an excellent range of shops, cafés, restaurants, schools, leisure facilities and transport links, further enhancing its appeal as both a redevelopment project and a future family home.
Prospective purchasers are advised that signs of cracking and areas of damp have been observed within the property. Buyers are strongly encouraged to undertake their own due diligence and, if necessary, obtain independent professional advice or reports prior to bidding.
Sheldon Bosley Knight Land and Property Auction
Wednesday 16th September 2026 at 1:00pm
Live stream auction, with remote bidding available online, by telephone or by proxy.
This property is offered for sale by traditional auction by SBK Sales Ltd, trading as SBK Auctions. The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack. The Auction Legal Pack will be available to download by registered bidders.
The sale will take place on the stated auction date by way of a live stream auction and the property is being sold on an unconditional basis with a fixed fee. Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction.
If the reserve price is met and the auctioneer's gavel falls, binding contracts of sale will be exchanged at that point.
The following deposits and non-refundable auctioneer's fees apply and will need to be paid to the auctioneer on exchange of contracts:
•10% deposit, subject to a minimum of £5,000
•Buyer's Premium of £1,500 inc. VAT
•Search pack of £336 inc. VAT
There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Auction Legal Pack. These additional costs may be payable on completion. Buyers must read the Auction Legal Pack carefully and take professional advice before bidding.
The guide price is an indication of the seller's current minimum acceptable sale price and is given to assist interested parties in deciding whether or not to pursue their interest. The reserve price is the minimum price at which the seller has authorised the auctioneer to sell. The reserve price remains confidential between the seller and the auctioneer.
Where a guide price is shown as a range, the reserve price will be set within that range. Where a single figure guide price is shown, the reserve price will not be set more than 10% above that figure.
Both the guide price and reserve price can be subject to change at any time prior to the auction.
Plans shown are for identification purposes only.
The auctioneer understands that mains water, drainage, heating and electricity are connected to the property, though these services have not been tested. Buyers are advised to make their own enquiries to confirm the connected services.
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The property and land are freehold. Vacant possession will be given upon completion, which is normally 20 working days after the auction. Please refer to the Auction Legal Pack for further details.
If you would like to register to bid, please visit:
passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/
You can opt to bid online, by telephone or by proxy.
The Auction Legal Pack for the lot you are interested in can be downloaded here:
auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk
All bidders must register before bidding, complete the required identity checks and be approved to bid.
Full details on how to register to bid, and a guide to buying at auction, can be found at:
sbkauctions.co.uk
If you would like details of our preferred solicitors, please contact the auction team and we can arrange for information to be sent to you.
It is essential that bidders check the legal documents prior to bidding and take professional advice. The legal pack may include searches, title documents, Special Conditions of Sale, tenancy information, planning documents, notices, replies to enquiries and other documents relevant to the lot.
Special Conditions of Sale can contain additional costs, being costs over and above the price the lot is knocked down at, and bidders are deemed to be aware of any additional costs prior to bidding.
Bidders must rely on their own inspection of the legal pack and any professional advice they obtain before bidding.
All viewings are by appointment only through the Auction Department.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com