A pair of neighbouring homes in Birmingham with a combined guide price of just £50,000+ will appear in the upcoming Bond Wolfe Auction on July 3rd.
Taking place at Aston Villa Football Club’s Villa Park stadium, fierce competition is expected from bidders for the rare opportunity to purchase the two semi-detached properties at 5 and 7 Woodgate Lane in Quinton.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “These two homes on Woodgate Lane will be priority targets for bidders as they may be suitable for redevelopment, subject to obtaining the necessary planning consents.
“The properties are ideally located within walking distance of the Woodgate Valley Country Park and 1 mile of Junction 3 of the M5.
“We expect potential purchasers with budgets for renovation will be keen to snap them up – either landlord’s looking to expand or first-time buyers with an eye for improvements.”
The house at No.5 features a reception room downstairs along with a kitchen and bathroom, while No.7 also has a reception room and a kitchen – both houses contain no fittings.
Although both houses need refurbishment, each has two bedrooms upstairs, with gardens, outbuildings and a rear garage, representing a fantastic deal for a willing investor.
Another lot expected to attract bidders as part of Bond Wolfe’s impressive 100+ lot offering is an end-terraced house two-bedroom house at 281 Pershore Road in Edgbaston (pictured right).
This property has an attractive guide price of just £20,000+, the home stands back from the road and comes with gardens and a rear garage. However, auctioneers have noted that the kitchen has been smoke damaged so the home will need some repair before being able to sell/rent.
Mr Bassi said: “The property is in a great location within walking distance of both Cannon Hill Park and the Edgbaston Cricket Ground.
“The competitive guide price is due to the smoke-damaged kitchen, but it has plenty of development potential, subject to planning permission and is likely to be popular with bidders.”
For further information, please contact Bond Wolfe Auctions’ Head of Marketing and Communications Suzanne Randell, on 0121 312 1212.