Scores of Black Country homes among record 236 lots in Bond Wolfe Auction’s May sale
Homes of all shapes and sizes across the Black Country are coming under the hammer at a record-breaking Bond Wolfe Auctions sale later this month.
They are among 236 lots in a catalogue for the largest property auction ever held outside of London, on Wednesday 19 May.
From bungalows to high-rise flats, as well as semi-detached and terraced homes, more than four dozen properties are coming up for auction across the Black Country.
While some are in need of modernisation others are ready and waiting for their new owners. One of the largest properties is a five bedroom semi-detached house at 41 Brennand Road, Oldbury, which is newly refurbished and extended and comes with a guide price* of £230,000+.
Set back from the road behind a front garden and with off-road parking for a number of vehicles, as well as vehicle access at the rear to a detached garage, the house extends over three floors and includes a large extended fitted kitchen with an island breakfast bar unit. It is fitted with gas-fired central heating and UPVC double glazing.
At the other end of the scale, a guide price of just £1,000+ has been set for the leasehold on a two-bedroom high-rise flat just a short walk from Wolverhampton’s New Cross Hospital.
Flat 60 St. Cecilias, in Okement Drive, offers a reception room with balcony access, kitchen, two bedrooms, a bathroom with separate WC with allocated parking outside. The flat is considered to offer great potential for an investor.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “As our auctions have grown in size, so they have grown in the sheer range of properties we are able to offer for sale. And that is certainly the case in our auction on 19 May. With 236 lots, this will be the largest auction ever held outside of London.
“While some of the homes for sale are in need of renovation, they have low guide prices that make them attractive to first-time buyers with DIY skills or landlords looking to increase their portfolios.
“Many others are in a good state of repair and simply need a new family to stamp their personality on them.”
Homes in need of modernisation but with low guide prices include a two bedroom semi-detached house at 18 Blockall, Wednesbury. With a guide price of £19,000-£24,000 it is laid out with two reception rooms, a kitchen and a WC on the ground floor with the two bedrooms and a bathroom on the first floor, while there is a rear garden and a garage.
In Wolverhampton a three bedroom semi-detached house at 15 Rookery Road has a guide price of £50,000+ for a property with large gardens front and rear. Although it has a gas fired central heating system it too is in need of modernisation throughout.
Also in need of refurbishment is a comparative rarity – a two bedroom semi-detached bungalow at 6 Beaconsfield Drive, in Wolverhampton. With a guide price of £50,000+, it offers gardens front and rear, with a hall, reception room, kitchen and bathroom alongside the bedrooms.
Over in Walsall, a four bedroom detached dormer bungalow at 91 Churchill Road, is listed with a guide price of £69,000+. The property is in a generally good state of repair and offers large gardens and a garage while inside it is laid out with a hall, kitchen, reception room, two bedrooms and a bathroom with WC on the ground floor, with a further two bedrooms and a shower room with WC on the first floor.
Among the many houses for auction, a three bedroom semi-detached house at 200 Wellington Road, Bilston, has a guide price of £119,000+. As well as offering a large family home the property includes a dilapidated double garage at the rear which could offer the potential for a residential development subject to obtaining the necessary planning permission.
The house has two reception rooms, a breakfast room, kitchen, rear lobby and a bathroom with WC and separate shower unit on the ground floor with three bedrooms, a box room and a bathroom with WC upstairs.
One for property investors is a large semi-detached property at 2 Merridale Lane, divided into seven self-contained flats. It is listed with a guide price of £235,000+ and the flats currently generate a gross annual income of £26,7000.
Mr Bassi added: “The range and quality of the properties in our auctions are proving a major draw for both investors and house hunters from across the UK, with our last online auction in March attracting 24,000 people who watched the proceedings and setting a new record for the UK’s most successful livestreamed auction with over £30.2 million in sales.
“Moving to online, live-streamed auctions has opened up our catalogue to buyers who might never have attended a one-day physical auction in Birmingham, and I fully expect the 19 May event to prove another major attraction.”
The Black Country homes are among 236 lots that are 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.