Family home in Sutton Coldfield with £90,000 auction guide price
It may be boarded up and needing modernisation, but competitive bidding is expected for a Sutton Coldfield family home in Bond Wolfe’s next livestreamed auction on Thursday 9 September.
Because the three-bedroomed, mid-terraced property at 135 Wyatt Road in the sought-after suburb comes with a guide price* of just £90,000+.
The double-fronted former council house is being sold on behalf of Birmingham City Council and will come with a new 125-year lease at a peppercorn ground rent, with a requirement to refurbish the property as a usable single dwelling within 12 months of purchase.
Ron Darlington, consultant director at Bond Wolfe, said: “This is a fantastic opportunity to buy and develop what could be a great family home in the highly desirable suburb of Sutton Coldfield.
“The house is set well back from the road with a footpath approach and front and back gardens.
“It has a canopy porch entrance, hall, through lounge and kitchen-diner downstairs, with a landing, three bedrooms, shower room and toilet upstairs.
“While substantial improvement works are needed throughout, this lot is expected to be popular with DIY experts who could be first-time buyers or landlords looking to extend their portfolio.”
The Sutton Coldfield property is just one of more than 200 lots appearing in the next Bond Wolfe remote bidding auction which starts at 9am on Thursday 9 September.
The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only.
More details are at www.bondwolfe.com/property-auctions-west-midlands/, or email email@example.com, or call 0121 312 1212 or 01902 928 510.
* Each property is subject to a reserve price which may be different from the guide price. Please refer to the Important Information and legal pack(s) for further information and any additional fees which may apply.