Walsall block of 44 flats heads to our May auction with £1.65 million guide price

A substantial residential block overlooking Walsall town centre is set to feature in our next auction marking our 50th auction since launching in 2019.

Wollaston Court, a four-storey building comprising 44 self-contained flats, will be offered with a guide price* of £1.65 million in our live-streamed auction on Thursday 14 May.

The property, located on Lower Rushall Street, is a vacant freehold opportunity that may be suitable for redevelopment, subject to obtaining the necessary planning permissions.

Gurpreet Bassi, chief executive of Bond Wolfe, said:

“This is a substantial vacant freehold property that may be suitable for redevelopment, subject to planning permission.

“Opportunities of this scale in Walsall are relatively rare, and we are expecting strong interest from developers and investors from across the UK when it comes to our May auction.

“Our live-stream auctions regularly attract bidders from across the country and overseas, and a property such as this is likely to generate significant attention.”

Wollaston Court comprises 22 one-bedroom flats and 22 two-bedroom flats, arranged across four floors and serviced by an elevator lift system.

Gurpreet Bassi added:

“The property benefits from a communal entrance hall with access to flats on each floor, along with surrounding communal land and on-site parking.

“It occupies a convenient position close to Walsall town centre, within a mixed-use area offering a range of local amenities, including a Morrisons supermarket nearby.

“The location also benefits from good transport links to surrounding areas including Wolverhampton, Dudley, West Bromwich and Birmingham.”

The building is arranged with eight flats on the ground floor and nine flats on each of the upper floors, with each unit comprising its own kitchen and bathroom facilities.

Offers in excess of the guide price may be considered prior to the auction.

Wollaston Court will be among scores of lots appearing in our next auction, which is due to start at 8.30am on Thursday 14 May.

The auction will be live-streamed via our website, with remote bidding available by proxy, telephone or internet.

For more details and to register to bid visit
https://www.bondwolfe.com/auctions/properties/,
email auctions@bondwolfe.com or call 0121 312 1212