Six flats on same road in Birmingham all for sale at Bond Wolfe Auctions’ first auction
Property investors keen to expand buy-to-let portfolios will be attracted by six flats on the same road in Birmingham at Bond Wolfe Auctions’ inaugural auction at Villa Park on Wednesday 13 March.
The three sets of two self-contained flats in converted Victorian terraced properties are at 19, 21 and 39 Crompton Road in Handsworth, and each lot has a guide price* of £50,000+.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “To have three similar properties almost neighbouring each other would be a fantastic opportunity for a focused investor as a major buy-to-let opportunity.
“Crompton Road is ideally located within a short distance of the A34 main route into Birmingham, as well as being quite near Handsworth park for leisure and relaxation, with plenty of shops and amenities close by.”
Going under the hammer in the popular suburb of Kings Heath is a three bedroomed, mid-terraced house at 51 Avenue Road, with a guide price of £40,000+.
Other sought-after residential areas are Selly Oak, where a two bedroomed, mid-terraced house at 24 Winnie Road has a guide price of £40,000 to £45,000, and Northfield where a three bedroomed, semi-detached house at 4 Eastville has a guide price of £29,000 to £34,000.
Over in Yardley Wood, a three bedroomed, mid-terraced house at 76 Cleeve Road has a guide price of £30,000 to £35,000, and a three bedroomed, semi-detached house at 5 Hornby Grove has a guide price of £35,000 to £40,000.
Meanwhile, a three bedroomed, end-terraced house at 48 Nailstone Crescent in Acocks Green has a guide price of £34,000 to £39,000.
Closer to the city centre in Aston is a three bedroomed, end-terraced house at 1 Cheshire Road, with a guide price of £29,000 to £34,000,
And for landlords wanting properties with tenants, a terraced house currently bringing in rent of £4,680 per annum at 9 Sadler Crescent, off Lea Road in Sparkhill is in the auction with a guide price of £15,000 to £20,000.
Gurpreet Bassi added: “Our first auction has got off to a flying start with a great range of properties available, and we expect our auction to be a don’t-miss event for anyone serious about property investment.”
Bond Wolfe Auctions was launched in early 2019 by Bond Wolfe, one of the region’s leading property consultants. The team behind the new business is led by chief executive Gurpreet Bassi and managing director Ian Tudor, until recently the heads of residential and commercial auctions at the Bigwood auctions business.
The Wednesday 13 March auction at Villa Park is the first of six that Bond Wolfe Auctions is lining up for 2019.
View a selection of the properties for our next auction here, or to offer your property please call 0121 312 1212.
*Each property is subject to a reserve price which may be different from the guide price.