Family homes across Birmingham with prices as low as £20k at auction
First-time buyers will be excited to see family-sized homes across Birmingham starting as low as £20,000 at Bond Wolf Auctions’ next auction on Wednesday 11 December.
While the UK’s average house costs more than £234,000 according to the latest official House Price Index, the auction at Villa Park has a range of decent properties with guide prices* well under £100,000.
One of the best bargains is a three-bedroomed mid-terrace at 13 Pelham Road in Alum Rock with a guide price of just £20,000+.
This has a hall, reception room and kitchen downstairs, with landing, bedrooms, bathroom and toilet upstairs, and it enjoys gas-fired central heating, double-glazing, and small front and back gardens.
An even bigger opportunity is a five-bedroomed, three-storey house at 62 Lansdowne Road in Handsworth, with a guide price of £24,000 to £29,000.
This end-terrace stands back from the road behind a neat front garden and has three reception rooms downstairs, three bedrooms on the first floor and another two bedrooms on the second floor.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “These are both great little bargains that could be ideal as the first-owned home for a family with children, or for landlords seeking to increase their portfolio.”
For those wanting somewhere away from the inner city, there’s a three-bedroomed, semi-detached house at 164 Reservoir Road in the desirable suburb of Selly Oak, with a guide price of £29,000 to £34,000.
This property has a driveway, good-sized gardens front and back, central heating and double gazing, and lies close to both the Queen Elizabeth Hospital and the University of Birmingham.
Across the city in Great Barr is a detached three-bedroomed house at 55 Sandringham Road for a remarkably low guide price of £99,000+.
This property needs modernisation, but its driveway, garage, front and back gardens and conservatory make it a great opportunity for a growing family – or it might be suitable for further development, subject to planning permission.
Another bargain lies in the south of the city at Sheldon, where a three-bedroomed, semi-detached house at 220 Church Road has a guide price of £25,000+.
This property has decent-sized garden central heating and double-glazing, although it is said to need renovations.
Mr Bassi added: “We have a great range of properties for all buyers, and we’re expecting a packed room of bidders on the day.”
The bargain Birmingham properties are just five of 164 lots that will be offered on 11 December at what is 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.