CPBigwood’s largest ever auction of 141 lots brought in £10.3 million – and is set to go higher.

Held at the Holte Suite, Aston Villa, there was a 70% success rate with good interest in a number of the unsold properties.

“We are therefore expecting these figures to rise,” noted Jonathan Hackett, partner and head of auctions.

The outcome saw 100% sold for both Birmingham City Council and Solihull Council, 100% of garages, 79% of residential vacant, 71% of land and development and 63% of residential investments.

A standout was 1059-1069 Kingsbury Road, Castle Vale, Birmingham, a freehold modern unit let as a Riley's Snooker Club and Sports Bar, reserve of £140,000 sold for £420,000.

Two former training centres, both Birmingham City Council lots, at 17 Camp Lane, Handsworth, and 151 All Saints Street, Hockley, sold for £250,000 and £280,000 respectively.

A chance to buy a piece of Benefits Street – land at the rear of 74 James Turner Street, Winson Green – was picked up at the second time of asking at a price of £9,000.

Notable lots included – land off Trafalgar Road/Rookery Road, Handsworth, sold for £82,000 against a guide of £20,000; a development site at 1139-1153 Pershore Road, Stirchley, sold for £145,000 off a guide of £70,000; a lock-up shop and land at Easterton Croft, Druids Heath, achieved £50,000 despite just three viewings and a reserve of £30,000; Zair Works Business Centre, 107-119 Bishop Street, Highgate, two viewings and a reserve of £30,000, made £73,000; and lock up garages at Prospect Road, Moseley, and Cambridge Road, Kings Heath, sold for £64,000 against a guide of £30,000.