Dozens of Black Country homes set to go under the hammer in Bond Wolfe Auctions’ record breaking sale

More than 50 homes across the Black Country are coming up for sale at Bond Wolfe Auctions’ next auction on Wednesday 17 February, with guide prices* as low as £1,000 for some properties.

A pair of ground floor single bedroom flats in Tipton are both for sale as residential investment opportunities with guide prices of £1,000 apiece. The flats, at 100 and 108 Tudor Court, are both occupied on assured shorthold tenancies and generate rental of £4,487.60 per annum apiece.

Also coming up for auction are a string of homes across the Black Country with prices starting from £39,000 – a fraction of current market values. A two bedroom semi-detached house at 71 Hampshire Road, West Bromwich; a three bedroom semi-detached house at 68 Hadley Road in Bilston and a three bedroom semi at 56 Kenilworth Crescent, Parkfields, Wolverhampton, are all priced at £39,000 to £44,000.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “In many cases, the low guide prices reflect the degree of modernisation and renovation work that may be needed at a property, but, for househunters looking for their first home, or the growing number of small-scale property developers, the work needed clearly poses no barriers.

“We are seeing growing interest in our online auctions from bidders both local and national for these kinds of properties.

“This auction will see homes suitable for every pocket and we expect intensive bidding interest on the day.”

Alongside the everyday family homes, this auction includes a number of particularly distinctive properties. Among these is a five bedroom double fronted detached house called Aglovale in Dover Street, Bilston.

Listed with a guide price of £99,000+, it stands behind a foregarden and offers a hall, two reception rooms, a dining kitchen and a WC on the ground floor with five bedrooms and a bathroom on the first floor. It also has a side driveway, garage, gardens and UPVC double glazing.

The property is in need of refurbishment but may be suitable for redevelopment, subject to planning permission.

Over in Walsall, Charlotte House, at 28 Charlotte Street in Chuckery, is a substantial six bedroom end terraced property listed for £190,000+. A former supported living scheme, it could be made suitable for a variety of uses, subject to planning permission.

These properties are among a record breaking catalogue of 232 properties to be offered on Wednesday 17 February in what will be the sixth online auction held by Bond Wolfe Auctions since COVID-19 restrictions were introduced in March last year.

It follows Bond Wolfe Auctions’ final sale of 2020 which raised over £17.6 million and saw 159 lots sold from the 175 offered for a success rate of 91%.

The run up to the livestream online auction on 9 December saw the now customary strong interest with 573,045 website page views, 94,617 video tours watched and 21,777 tuning in to watch the auction live on the day.

Gurpreet Bassi of Bond Wolfe Auctions, added: “This shows that interest in our live streamed auctions and demand for well-priced property continues. With a minimum of seven auctions in 2021, plus the launch of our stand-alone commercial auctions in the Spring, we are well placed for the coming 12 months.”

Bond Wolfe Auctions’ next online auction will be livestreamed starting at the earlier time of 8.30am on Wednesday 17 February 2021, with remote bidding by proxy, telephone and internet only.  To register to bid please click here.

Anyone interested in the auctions or with properties for sale in future auctions should contact [email protected] or call 0121 312 1212.