Family homes across Stoke-on-Trent with prices as low as £9k at auction
First-time buyers will be excited to see family-sized homes across Stoke-on-Trent starting as low as £9,000 at 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 a range of decent properties with guide prices* well under £50,000.
One of the best bargains is a three-bedroom, semi-detached house with front and back gardens at 29 High Street near Kingsley Park, with a guide price of £9,000 to £14,000.
This vacant property has a porch, two reception rooms, a kitchen and utility room downstairs with the bedrooms and bathroom upstairs, benefits from gas-fired central heating and double glazing.
Nearer the much bigger Victoria Park is a two-bedroomed, semi-detached house at 39 Clandon Avenue, this one with a guide price of £14,000 to £19,000.
This property is also vacant and has a driveway, front and back gardens, a useful kitchen door to a garage and a sun room downstairs, as well as central heating and double glazing.
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.”
Over in Burslem is a vacant three-bedroomed, semi-detached house standing back from the road behind a driveway at 30 Woodland Grove, with a guide price of £24,000 to £29,000.
This property has front and back gardens, a garage, central heating and double glazing, although it does need modernisation.
Also available in Burslem is a two-bedroomed, end-terrace with a rear yard and garage at 24 Riley Street North, with a guide price of £47,000+.
This lot would make a great little residential investment as it’s currently bringing in rent of £4,740 per annum, which represents a yield of more than 10 per cent based on the guide price.
Mr Basis 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 Stoke-on-Trent homes are just four 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.