Black Country homes going from £5,000 at online auction
Family homes across the Black Country with starting prices as low as £5,000 are going under the hammer this month.
Buyers are expected to be particularly interested in a three-bedroomed, end-terraced house at 2 Prosser Street in the Park Village area of Wolverhampton, which has a guide price of £5,000, one of a number of properties listed for Bond Wolfe Auctions’ remote bidding auction on June 24.
Competitive bidding is also expected for a two-bedroomed, mid-terraced house just along the road at 51 Prosser Street, also with a £5,000 guide price.
Both these properties have rear gardens, double glazing and central heating, and they are located near to small parks and allotments to the north east of Wolverhampton town centre.
Another property with an attractive £5,000 guide price is a two-bedroomed, semi-detached house with front and back gardens, double glazing and central heating at 115 Green Park Road, opposite Roseland Playing Fields in Dudley.
Gurpreet Bassi, chief executive at Bond Wolfe Auctions, said: “Whether you’re a first-time buyer or a landlord looking to expand your portfolio, attractively priced lots such as these deserve your keen attention.
“These properties might need some DIY and redecorating skills, but young families could still end up with a home to be proud of for a fraction of the normal asking price for a Black Country property.
“However, they’ll be up against seasoned buy-to-let investors who know a good opportunity when they see one, and so we’re expecting some highly competitive bidding.”
Another interesting lot in the auction is a two-bedroomed, semi-detached house at 25a Holloway Street in Upper Gornal, Dudley, with a guide price of £24,000 to £29,000.
This is a stone’s throw from the popular Cotwall End local nature reserve, however both the house and garage are boarded up and the property is in need of refurbishment.
A much smarter two-bedroomed, end-terraced house at 15 Villiers Street, just around the corner from the train station in Kidderminster, has a guide price of £34,000 to £39,000.
Back in Wolverhampton, a three-bedroomed, semi-detached house with gardens just east of the city centre at 10 Stanton Road has a guide price of £34,000 to £39,000.
Meanwhile, a two-bedroomed, semi-detached dormer bungalow at 2 Greenly Road, near Phoenix Park to the south of the city, has a guide price of £48,000 to £54,000.
Mr Bassi added: “With this being our first auction since the Covid-19 pandemic, we’re expecting huge interest, with many more properties from across the Black Country, Birmingham and the wider West and East Midlands, and from as far away as Hartlepool and Sussex.”
The auction starts at 10am and will be live streamed at bondwolfeauctions.com, with remote bidding by proxy, telephone or internet only. The catalogue is available online
