Luxury pad in iconic building leads wide range of Birmingham properties in Bond Wolfe auction
Competitive bidding is expected for a luxury pad in one of Birmingham’s most iconic buildings in Bond Wolfe’s next property auction, with stunning views across the city.
Apartment 2216 in The Cube at 197 Wharfside Street will have a guide price* of £99,000+ in the live-streamed auction on Thursday, 18 May.
Gurpreet Bassi, chief executive of Bond Wolfe, explained that the property, which is being sold with vacant possession, has previously been consistently let for £9,300 rent per annum, equivalent to a yield of more than 9% based on the guide price.
Mr Bassi said: “This studio apartment would make a great investment, with over 900 years left on its lease.
“It is on the 22nd floor of the mixed-use development and is fully furnished with a modern living area, fitted kitchen, integrated appliances and bathroom.”
The property in The Cube is just one of a wide range of residential lots from across Birmingham in the auction, with guide prices starting as low as £19,000+.
This is for a two-bedroomed, mid-terraced house at 126 Tarry Road in Alum Rock and reflects the need for modernisation throughout, although there is also the potential for conversion to a three or four-bedroomed residence, subject to planning.
The house has front and back gardens, a porch, a hall, two reception rooms, a kitchen, a rear lobby and a bathroom downstairs, with a landing, two bedrooms and a further bathroom upstairs.
Another attractively priced lot is a three-bedroomed, semi-detached house at 120 Yarningale Road in Kings Heath, which also needs improvement works.
This property has a driveway and gardens, a hall, reception room and kitchen downstairs, a landing, three bedrooms and bathroom upstairs, and a guide price of £29,000+.
Over in Weoley Castle is a two-bedroomed, mid-terraced house with gas central heating at 21 Spernall Grove, where the need for refurbishment is also reflected by an attractive guide price of £39,000+.
Situated close to Birmingham University and the Queen Elizabeth Hospital, this property has a driveway and gardens, with a hall, reception room, kitchen, plus rear lean-to with toilet downstairs, and a landing, two bedrooms and a bathroom upstairs.
The property benefits from having a gas-fired central heating system; however, it is also in need of refurbishment works throughout.
In the neighbouring suburb of Harborne is a three-bedroomed duplex maisonette at 15 Marsland Close off the main Hagley Road to Birmingham, with a guide price of £135,000+.
This long leasehold property starts on the ground floor and stands back from the road behind a garden, plus it benefits from a private, residents only car park.
There is a porch with store, hall with toilet off, dining kitchen and reception room downstairs, with a landing, three bedrooms, a bathroom and separate toilet upstairs, plus gas central heating and majority of windows double glazed.
Across the city in the highly prized town of Sutton Coldfield is a three-bedroomed, semi-detached house with gas central heating and double glazing at 17 Chavasse Road, with a guide price of £225,000+.
This property is in a cul de sac with a driveway, garage and gardens, and may be suitable for development, subject to planning permission, as it has previously had approval for two-storey side and single storey rear extensions.
As it stands, there is a hall with store, reception room, kitchen and conservatory downstairs, and a landing, three bedrooms and bathroom upstairs.
Also in Sutton Coldfield is a four-bedroomed, detached house at 23 Berwood Road in Wylde Green, which Bond Wolfe is selling on behalf of West Midlands Police with a guide price of £350,000+.
This spacious property with large gardens and the scope to extend, subject to planning permission, is in a popular residential location close to plenty of shops and sought after schools.
There is an enclosed porch, entrance hall, guest toilet, lounge, dining room, kitchen and integral garage downstairs, a landing, four bedrooms and bathroom upstairs, gas central heating throughout, and a brick outhouse at the rear.
Mr Bassi added: “As always, we have a wide range of properties to suit all budgets, and we expect another busy day of competitive bidding for lots across Birmingham, the Midlands and the wider UK.”
The Birmingham properties are among 184 lots appearing in Bond Wolfe’s next property auction, which will start at 9 am on Thursday, 18 May.
The property auction will be live-streamed via Bond Wolfe’s website with remote bidding by proxy, telephone or Internet.
For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/ or email [email protected], or call 0121 312 1212 or 01902 928 510.