50+ Black Country homes in next auction
More than 50 Black Country homes are coming up for sale at Bond Wolfe Auctions’ next auction on Wednesday 28 October, with guide prices starting way below current market values.
A three bedroom semi-detached house at 35 Crockford Road, in West Bromwich, has been entered for sale with a guide price* of just £44,000-£49,000 in the online-only, live-streamed auction on Wednesday 28 October.
Laid out with an open plan kitchen and dining room, along with a reception room and the bathroom and WC on the ground floor, with three bedrooms upstairs, the house has gardens and a rear garage but is in need of modernisation.
For those prepared to tackle a major modernisation job, a two bedroom mid-terraced house at 45 Prole Street in Wolverhampton is listed with a guide price of just £10,000+.
Over in Pensnett, near Brierley Hill, a two bedroom semi-detached house at 14 Albert Street has a guide price of £59,000+ for a home with a hall, reception room, dining kitchen and pantry on the ground floor and two bedrooms and a bathroom on the first floor. There are gardens outside, a gas fired central heating system and UPVC double glazing but the property is in need of refurbishment.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “We continue to see a lot of properties coming to the market with low guide prices, often because of the degree of refurbishment and repair work that is needed.
“For young house hunters, looking for their first home, these properties offer an opportunity to get a foot on the housing ladder, putting in the hard work necessary to put their stamp on a property in need of some care and attention.
“These properties also offer commercial opportunities to the growing community of small-scale property developers and, of course, helps the wider community as more homes are brought back into use.
“This auction will see homes suitable for every pocket and, as usual, we expect considerable bidding interest on the day.”
Among the other lots is a three bedroom semi-detached property at 35 Montgomery Crescent, Brierley Hill, with a guide price of £79,000+ while over in Wednesbury another three bedroom semi, at 42 Asbury Road, is guided at just £45,000+.
Another property with a budget guide price is 19 Westbourne Road in Halesowen. A guide price of £79,000-£84,000 is attached to this three bedroom semi-detached house.
Another Brierley Hill property is 18 Stour Hill, a three bedroom semi-detached house with a guide price of £69,000-£74,000 which may be suitable for redevelopment, subject to the necessary planning consents.
Meanwhile, in Wombourne, a period cottage carries a price of £150,000+. Humble Cottage is a three bedroom property on the High Street, standing across the road from the cricket ground in the heart of the village.
The catalogue of 212 properties to be offered on Wednesday 28 October will be the fourth online auction held by Bond Wolfe Auctions since COVID-19 restrictions were introduced in March.
In 2020, year to date, Bond Wolfe Auctions has sold 685 lots raising £72.5 million.
Bond Wolfe Auctions’ next online auction on Wednesday 28 October is livestreamed via the website at www.bondwolfe.com with remote bidding by proxy, telephone and internet only.
Anyone interested in the auctions or with properties for sale in future auctions should contact [email protected] or call 0121 312 1212.