11th January 2019
Fire-damaged Victorian residence offers potential for development
Bidders are expected to show some love for a seven-bedroomed fire-damaged Victorian property which goes under the hammer at SDL Auctions Bigwood’s auction at Villa Park on Valentine’s Day.
The semi-detached residence with a *guide price of £60,000+ requires full restoration after being damaged by fire in February 2018. Despite its current poor condition, it remains a beautiful building, retaining many distinctive Victorian external features, and has great potential for development.
The property, in Hamstead Road, Handsworth Wood, is currently inaccessible for internal viewing but the ground floor is believed to comprise a lounge, sitting room, kitchen and bathroom.
There are four bedrooms and a bathroom on the first floor, and a further three bedrooms and another bathroom on the second floor. Outside there is a large rear garden.
The house is in a prime residential location in north-west Birmingham, surrounded by similarly imposing Victorian properties, just 15-20 minutes from the city centre and 10 minutes from Villa Park. Opposite the property is the popular Handsworth Park, which has landscaped gardens, a boating lake and provides the location for Handsworth Leisure Centre.
Jason Lee, head of auctions at SDL Auctions Bigwood, said: “For the developer looking to take on a project, this property offers huge potential. The popular location and style of the property combine to make 214 Hamstead Road ideal as a House in Multiple Occupation or for business premises, subject to the relevant permissions.”
The property is freehold and available with vacant possession on completion. It is set to be sold at the next SDL Auctions Bigwood’s auction at Villa Park on Thursday 14 February. A packed saleroom is expected as SDL Auctions Bigwood, recently named Company of the Year in the Birmingham Post Business Awards, is the biggest and most successful property auctioneer in the West Midlands.
Entries are still being accepted and for a free auction appraisal call the team on 0121 233 5046 or click here.
* Each property is subject to a Reserve Price which may be different from the Guide Price. For full definitions see www.sdlauctions.co.uk/glossary.