Investors and developers set to be tempted at Bond Wolfe Auctions next auction

A string of development properties across the Black Country will attract investors large and small to Bond Wolfe Auction’s next Midlands auction at Aston Villa Football Ground on Thursday 9 May.

Major corporate investors and budding property developers will all have a chance of picking up bargains with a range of rental and development lots featuring in the auction brochure.

A prime example of a property that will attract keen bids is Suez House, a four bedroomed, detached house on Beckett Street, in Bilston, which comes with planning permission for use as a children’s care home and a tempting guide price of £50,000+.

Others will be casting an eye over a freehold parcel of 4.2 acres of land at the junction of Sutton Road and Skip Lane, in Walsall, up for auction as a development opportunity with a guide price starting at £70,000+.

Meanwhile, land adjacent to 104 Crankhall Lane, in Wednesbury is being auctioned as a residential development opportunity with a guide price of £50,000+.

A development site with planning permission for a three bedroomed, detached home is around 1,990 sq ft of land at 61 Upper Ettingshall Road in Coseley with a guide price of £48,000 to £53,000.

Another site with planning consent, this time for five light industrial units, is land opposite 42 Webb Street in Coseley, with a guide price of £150,000+.

Ian Tudor, managing director at Bond Wolfe Auctions, said: “We have a number of interesting and attractive residential, commercial and land development opportunities and are expecting some competitive bidding.”

Bond Wolfe Auctions was launched earlier this year by a team with over 250 years’ of experience. The first auction on 13 March at Villa Park saw a total of £16.7 million raised from the sale of 103 properties.

The next Midlands auction takes place at 10.30am on Thursday, 9 May. The lots to go under the hammer can be viewed here.

Anyone looking to buy or sell property at auction or would like advice about property auctions, please contact us at [email protected], call 0121 312 1212 or click here for a free auction appraisal.