Family homes across Stoke-on-Trent available at bargain prices in online auction
A development around one of Stoke-on-Trent’s oldest houses is one of the plum lots going under the hammer at Bond Wolfe Auctions’ next live-streamed auction on Wednesday 19 May.
It is among a collection of houses and commercial properties offered at bargain starting prices at what is set to be the UK’s biggest-ever property auction to be held outside of London.
A guide price* of £350,000+ has been set on Ford Green House and its surrounding land at Smallthorne, two and a half miles from Hanley centre.
The house and land come with existing planning permission for the development of nine homes, two of them from the conversion and part demolition of Ford Green House itself. Built in the 18th century the house is now in a poor condition and will require comprehensive renovation as part of any redevelopment.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “This is a site that is just waiting for an imaginative developer or investor to turn it into a landmark housing development, with Ford Green House at its core. The potential return on such a development is considerable, given the extremely low guide price set on the site.
“We are predicting considerable interest in this property on auction day, when bidding is likely to be fiercely competitive.
“Ford Green House is the stand-out lot from the Stoke area but we have a broad range of properties in the area coming up for sale at the auction. The mix of houses and commercial properties is almost a snapshot of the 236 lots from across the UK that are included in our auction catalogue for 19 May.
“This will be the biggest property auction ever held outside of London and we are expecting thousands of people to log-on to watch proceedings and bid for properties. Our most recent online auction, in March, saw more than 34,000 people tuning and we achieved sales of more than £30 million.”
Another site with redevelopment potential is a commercial office building in the Longton area of Stoke-on-Trent, at 94-96 The Strand. With a guide price of £175,000+ the building currently offers substantial and attractive town centre office premises extending to around 2,891 sq ft. The upper floors of the property are considered suitable for conversion for residential use, if the appropriate planning permission can be secured.
It extends over three floors and could be used for flats or multiple occupancy. It is thought to have been built in the early 1900s. The ground floor has an open-plan sales area extending to 1,098 sq ft that could be used for professional offices or retail.
Among the other Stoke-on-Trent properties is a two bedroom semi detached house at 31 Osbourne Road, with a guide price of £75,000+. It comes with planning permission for a two-storey side extension.
At the other end of the scale is a two bedroom mid terraced house at 13 Oldfield Street, with a bargain guide price of just £15,000+. Like many properties with this kind of low starting price, the property is in need of modernisation. It stands flush to the pavement with a through reception room, kitchen, inner hall and bathroom with WC on the ground floor and two bedrooms upstairs. There is a yard to the rear. It is fitted with gas fired central heating and UPVC double glazing.
Just a few miles from Stoke, in the market town of Newcastle-under-Lyme, 19 Hollinshead Avenue is a three bedroom detached house with a guide price of £79,000+. With the necessary planning consent there is potential for development on the site, which extends to gardens and a driveway with a garage. Currently the house is laid out with a hall, reception room and dining kitchen on the ground floor with the three bedrooms and bathroom with WC upstairs. It is fitted with gas fired central heating and UPVC double glazing.
The properties in and around Stoke are among 236 lots listed for Bond Wolfe Auctions’ online auction which starts at 8.30am on Wednesday 19 May.
The auction will be livestreamed via Bond Wolfe Auctions’ website with remote bidding by proxy, telephone or internet only, and bidders must pre-register no later than 12 noon on Tuesday 18 May.
This follows Bond Wolfe Auctions’ last auction on 31 March which raised over £30.2 million in sales, a new record for the UK’s most successful livestreamed auction.