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Bargain £5k price for three-bedroomed Black Country house at auction

A Black Country family home with a *guide price of just £5,000+ is set to attract keen bidding when it appears in Bond Wolfe Auctions’ next auction later this month.

The three-bedroomed, end-terraced house at 65 Lowry Close in Willenhall will be one of the big draws to the auction at Villa Park on Wednesday 23 October.

The property, which has gas-fired central heating and UPVC double glazing, stands back from the road behind a front garden, with a longer back garden containing a lean-to.

Another bargain lot in the auction is a two-bedroomed, semi-detached bungalow at 180 Warstones Road in the sought-after Wolverhampton suburb of Penn, which has a guide price of £25,000+.

This property stands back from the road behind a driveway and front garden, with an extensive garden to the rear, while there is gas-fired central heating and partial UPVC double glazing inside.

Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “While both homes may require some modernisation, the low price tags are likely to fire up some ferociously competitive bidding when they go under the hammer.

“Both these properties offer huge potential, and I foresee strong interest from both young couples looking for a bargain first home and from property investors looking for their next project.

“Our recent auctions have attracted huge interest and proved highly successful, with a high rate of sales. Properties like these will only add to the popularity of our auctions.”

The house and bungalow are just two of more than 120 lots going under the hammer in Bond Wolfe Auctions’ next sale on Wednesday 23 October at 10.30am at the regular venue of the Holte Suite at Aston Villa FC.

Bond Wolfe Auctions has already offered 490 lots since launching in January this year, including properties across the East and West Midlands and as far afield as Wales and Scotland.

The first four auctions have raised £55 million in sales with an average success rate of 85.5% against the national average of 72% – making it the most successful auctioneers in the Midlands this year.

* Each property is subject to a reserve price which may be different from the guide price.