The UK’s fastest-growing auction business, Bond Wolfe Auctions, has raised over £11.6 million at their recent auction last week.
Taking place at Aston Villa’s Villa Park Stadium, the 23rd October auction saw over 1,500 attendees, resulting in 3,700 viewings and more than 35,000 legal documents downloaded by eager property hunters.
Commenting on the auctions’ success, Gurpreet Bassi, Chief Executive Officer of Bond Wolfe Auctions, said: “The auction saw not only great results in Birmingham and the Black Country but also in the East Midlands where we sold 100% of the lots offered as well.”
Bond Wolfe Auctions was launched in January of this year and has so far sold 503 lots raising over £66.2m. The recent October auction enjoyed an 84% success rate, with 108 lots sold from an offering of 129.
Some of the notable results achieved during the auction included a three-bedroom, semi-detached bungalow in Shirley, Solihull which sold for £305,000 (Guide price £225,000+), as well as a three-bedroom, semi-detached house in Yardley, Birmingham, which sold for £152,000 – more than three times its £50,000+) guide price.
In addition to residential lots, Bond Wolfe Auctions also offered commercial sites during the event, including a former freehold former church hall in Sheldon Birmingham which sold for £135,000.
Bond Wolfe Auctions’ next sale will be on Wednesday 11th December at 10:30 am, and is set to be held at Villa Park once again.