Family homes in Leicestershire with prices as low as £25k at auction

Keen bidders will be excited to see family homes at bargain starting prices in Leicestershire in Bond Wolfe Auctions’ next auction in Birmingham 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 decent properties with guide prices* well under £40,000.

One of the best bargains is a two-bedroomed, end-terrace at 151 Hermitage Road in Whitwick, Coalville, with a guide price of just £25,000+.

This vacant property could be idea for families as it’s usefully located next to the Hermitage Children’s Nursery, while it’s also close to the Hermitage Fishing Lake and Recreation Ground.

The house has a traditional layout and stands back from the road behind a front garden, with a back garden and outhouse. It also benefits from central heating and double glazing, although it does need modernisation.

Also needing renovation is a two-bedroomed, mid-terrace nearer central Leicester at 62 Beatrice Road, reflected by its low guide price of £34,000 to £39,000.

This house stands flush to the pavement and is also vacant, with traditional layout, double glazing and a rear yard.

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.

“We have a great range of properties for all buyers, and we’re expecting a packed room of bidders on the day.”

The bargain Leicestershire homes are just two 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.

Anyone interested in the auction or with properties for sale in future auctions should contact [email protected], call 0121 312 1212 or visit www.bondwolfe.com.