11th July 2019
Large or small, you’ll find them all at a property auction
The latest auction catalogue from SDL Auctions Bigwood has been published, with properties galore including houses, flats and a variety of commercial opportunities going under the hammer at Villa Park, Birmingham, on Thursday 18 July.
And the fourth Birmingham auction of the year for the West Midlands’ largest and most successful property auctioneer promises to be another hit with private buyers and landlords alike.
The 88 page catalogue features 83 lots of all types to be sold at the Villa Park auction as well as those being sold by online auction. Among the room lots are a substantial vacant five bedroomed detached house which would make an excellent development opportunity. 115 Station Road, Balsall Common, Coventry, requires upgrading and has three reception rooms, a breakfast kitchen and two conservatories on the ground floor, and five bedrooms upstairs. Outside, it has a driveway, double garage and good-sized front and rear gardens. Its transport links are excellent, with Coventry, Solihull, Birmingham and the motorway network all within easy reach. It has a *guide price of £450,000+.
Another large property going under the hammer is 33 Upper Villiers Street, Wolverhampton, a licensed six bedroomed terraced House in Multiple Occupation with a guide price of £165,000+. It has a communal lounge and kitchen, plus one bedroom and a bathroom on the ground floor. On the first floor are two bedrooms, a bathroom, WC and a storage room with the potential to be converted into a shower room. There are three further bedrooms on the second floor.
Auctioneers believe there is the possibility of increasing the rental return by altering the layout to make a seventh bedroom, along with the addition of en suite bathrooms, subject to regulations and licensing.
A former housing shelter in Coventry has the potential to become an HMO. 1 Wren Street, Gosford Green, Coventry, which is close to the city centre, as well as hospitals and the university, is a substantial seven bedroomed property with gas central heating and uPVC double glazing.
It comprises, on the ground floor, an entrance hall, office, two bedrooms, reception room, kitchen and WC. Upstairs are five bedrooms, a bathroom, WC and a store room, while outside there is a yard at the rear. It has a guide price of £250,000+.
Smaller properties are available, too, including a semi-detached bungalow in West Bromwich. 41 Anne Close, West Bromwich, which has a guide price of £65,000+, would make an ideal home for an owner occupier or tenant.
Sitting on a large corner plot in a quiet cul-de-sac, the bungalow has central heating and double glazing and features a kitchen, lounge, conservatory, double bedroom and wet room. Outside there are low-maintenance gardens at the front and rear of the property.
Among the apartments on offer is the immaculately presented 9 Yemscroft, Lichfield Road, Rushall, Walsall. With two bedrooms, a lounge, kitchen, pantry and bathroom, the first-floor apartment has the use of communal gardens and a guide price of £55,000+. The leasehold property is 57 years into a 99-year lease, with a ground rent of £15 per year and an annual service charge of around £620.
Auctioneer Rory Daly, said: “These are just a few of the many lots we have going under the hammer this month, with a range of property types which is sure to appeal to investors, developers and private buyers. It’s proof that there is no such thing as a ‘typical’ auction property – from large properties with several bedrooms down to apartments and parcels of land, there is always a wide variety on offer.”
SDL Auctions Bigwood’s next auction takes place at Villa Park on Thursday 18 July. To find out more about any of the properties, or to learn more about bidding online, by phone or by proxy, click here.