Eight-bedroomed Midlands property in next auction
A huge, detached midlands property formerly used for supported housing in the Black Country is attracting plenty of interest ahead of Bond Wolfe Auctions’ next auction later this month.
The eight-bedroomed property at 21 Hope Street, Walsall, will be one of the more unusual properties featuring in the online-only, live-streamed auction on Wednesday 28 October.
The intriguing lot is being sold on behalf of Accord Housing Association and so is in decent condition, currently set out into separate bedsitting rooms, with several communal kitchens, bathrooms and living areas, plus offices.
With an attractive guide price* of £230,000+, the modern midlands property stands back from the road behind front and side gardens, with off-road parking to the rear.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “It’s rare that a large residential property like this available, especially one that has previously been used for multiple occupancy but which is in such decent condition.
“Even more attractive for some would-be buyers is the potential for redeveloping this building for a variety of other housing or commercial uses, subject to obtaining the necessary planning consents.
“We’ve already received plenty of interest in this lot and we are sure there will be competitive online bidding on the day.”
The freehold property, which is just a short walk away from Walsall town centre, already has gas-fired central heating, double glazing, mains-fitted smoke alarms, fire doors and emergency lighting.
It is just one of what will be 150-plus properties expected to be offered on 28 October during what will be the third online auction held by Bond Wolfe Auctions since COVID-19 restrictions were in place in March.
The previous two held in July and September have seen a total of nearly £39 million in sale prices achieved for more than 400 properties.
Reflecting on the latest auction, Mr Bassi added: “More than 25,000 people were viewing our last auction live during an 11-hour sale that attracted over 2,000 registered bidders.
“We’re expecting a similarly hectic day as the market in our sector continues to experience a strong recovery for properties in all parts of the UK.”
Bond Wolfe Auctions’ next online auction on 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.