Bargains galore across the Black Country as Bond Wolfe Auctions gears up for bumper auction
A string of Black Country properties at bargain-basement prices are all lined up for the next Bond Wolfe Auctions’ bumper auction at Villa Park on Wednesday, December 11.
It will be the biggest Bond Wolfe Auctions event so far, with a catalogue of 164 residential, commercial and investment properties.
But it is house-hunters who stand to have the most to gain – and least to spend – at the upcoming auction.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “Two bedroom houses with prices starting as low as £5,000 or £9,000 provide tempting opportunities to young people looking for their first home.
“They’ll need some DIY skills and the help of some friendly tradesmen, but could still end up with a home to be proud of for a fraction of the normal asking price for a Black Country property.
“But they’ll be bidding against seasoned buy-to-let property investors who know a good bargain when they see it. As at all our previous auctions, we are expecting some highly competitive bidding. We have a record number of lots on offer and our events have become a byword for property bargains.”
One of the stars of the Villa Park auction will be 90 Halesowen Street, a two bedroom semi-detached house in Rowley Regis with a guide price* of just £5,000.
But just up the road in Dudley a detached house is going under the hammer for only £10,000. The two bedroom house at 82 Redhall Road is in need of modernisation but stands in a large plot of land and, with the right planning permissions, could be completely redeveloped.
In Wolverhampton, 37 Newhampton Road West is a two bedroom mid-terrace property with a guide price of £10,000, while across the city 52 Hilton Road is a two bedroom semi-detached home with a guide price of between £9,000 and £14,000. Both properties are in need of modernisation.
Over in Walsall, a two bedroom semi -detached house at 38 Monmouth Road, Walsall also has a guide price of £9,000 to £14,000. It offers two bedrooms and a bathroom with WC upstairs and a hall, reception room, kitchen, dining area, rear lobby and side utility room store on the ground floor as well as gardens front and rear. Although it has double glazing, the property is, again, in need of modernisation.
For those looking for something requiring far less renovation, there is 5 Whitegates Road in Bilston. A three-bedroom detached house with a guide price of £14,000 to £19,000. It has gardens front and rear, gas fired central heating and PVC double glazing.
The bargain properties are among 164 lots that will be offered on 11 December at what will be the largest property auction to be held in the Midlands in 2019.
Bond Wolfe Auctions, which launched in January this year, has so far sold 503 lots out of 592 offered and raised over £66.2 million with an average success rate of 85% – comfortably making it the West Midlands’ leading auctioneer.