Developers and house-hunters eyeing opportunities at Bond Wolfe Auctions next auction
Investment and development opportunities sold by auction and budding developers will be competing for a potential new apartment block in the centre of Wolverhampton at Bond Wolfe Auctions’ next auction in Birmingham on 3rd July.
Chapel Ash House, 6 Compton Road, is a development property with full planning permission to be turned into six apartments, with a guide price of £99,000+.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “The property has already been stripped back ready to commence redevelopment and the majority of windows are now UPVC double glazed units.
“It’s a prime opportunity just a short walk from the centre of the city, where a string of new developments are planned and already under way.”
Chapel Ash House is just one of a string of homes and investment sites across the Black Country included in the auction brochure.
The wide range of investment and development opportunities sold by auction for first time buyers or fledging developers include a four-bedroomed, semi-detached house at 14 Avondale Road, in Wolverhampton.
This property still has many of its original features but needs further modernisation and upgrading, hence the guide price of £125,000+.
At the other end of the price range is a three-bedroomed, semi-detached home at 37 Addison Road in Brierley Hill, with a guide price between just £14,000 and £19,000.
This house comes with a large plot, idea for the ambitious gardener or someone looking for a prime development opportunity.
Also up for auction is a two-bedroomed, semi-detached house at 39 Heath Lane in West Bromwich with a guide price of just £70,000+.
Meanwhile, another two-bedroomed, mid-terraced home at 15 Orchard Road in Willenhall has a guide price of between £19,000 and £24,000 and is likely to prove attractive to those with an eye for a bargain.
Mr Bassi added: “These properties show the range of lots we have at our auction and are a great example of the choice we will be offering across the region.
There are a total of 120 lots in the auction on Wednesday 3 July and these can all be viewed here.
Bond Wolfe Auctions only launched in January but has already been instructed on 350 properties this year, and this will be its third auction in a row to offer over 100 lots.
Its first two auctions had an average success rate over 87% which has quickly established Bond Wolfe Auctions as the Midlands’ leading auctioneer in 2019.
* Each property is subject to a reserve price which may be different from the guide price.
For further information, please contact:
To discuss selling property by auction or for more information about our property auctions Birmingham, please call Bond Wolfe Auctions on 0121 312 1212, email [email protected] or click here to arrange a free auction appraisal.