Homes needing modernisation at auction from £29k to £225k

DIY enthusiasts will be attracted to homes needing attention across Birmingham with prices ranging from £29,000 to £225,000 at Bond Wolfe’s next auction on Wednesday 21 July.

norwood grove for auction

A two-bedroomed, mid-terraced house at 8 Norwood Grove (pictured) in Lozells is just one of a record 250 lots going under the hammer in the live-streamed auction.

 

The vacant property with front and back gardens comes with a guide price* of £29,000 to £34,000, reflecting its need for modernisation.

 

Renovation is also for a two-bedroomed, mid-terraced house which stands flush to the pavement at 60 Eva Road in nearby Winson Green.

 

This property benefits from a rear yard and garden, a second-floor attic room, central heating and double glazing, but it still has an attractive guide price of £39,000 to £44,000.

 

Gurpreet Bassi, chief executive of Bond Wolfe, said: “These homes may well need works but come with guide prices that make them very attractive.

 

“They could be ideal for first-time buyers with DIY skills or for landlords looking for new investments for their portfolios.”                                                                                                                                                                                                                                           

 

Low-priced homes that need attention are also available in the much sought-after suburb of Kings Heath, where another two-bedroomed, mid-terraced house at 5 Fairfield Road has a guide price of £50,000+.

 

This property also stands flush to the pavement but has an extended kitchen, rear garden, central heating and double glazing, although again it needs works.

 

There’s a bigger three-bedroomed, mid-terraced house at 2A Goldsmith Road, also in Kings Heath, with a small front garden and rear yard.

 

This property has central heating and the majority of windows are double-glazed, although once again the need for improvement works means it has a guide price of £79,000+.

 

Meanwhile, in the highly desired suburb of Harborne, a two-bedroomed, mid-terraced house with front and back gardens is available at 39 Northfield Road.

 

This property has central heating, double glazing and may be suitable for development at the rear subject to planning permission, but its £99,000+ guide price again reflects the need for modernisation.

 

An interesting property also needing renovation is Vine Cottage, on Church Lane in Wishaw, near the smart town of Sutton Coldfield.

 

This two-bedroomed, semi-detached cottage which has extensive land to the side previously used for dog kennelling, and a store previously used as an aviary, comes with a guide price of £195,000 to £225,000.

 

Mr Bassi added: “Vine Cottage has an enviable, semi-rural location and its close location to The Belfry could make it particularly appealing to golfers.”

 

The Birmingham homes are just a few of the 248 lots listed in Bond Wolfe’s next auction which starts at 8.30am on Wednesday 21 July.

 

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet only, and bidders must pre-register no later than 12 noon on Tuesday 20 July.

 

More details are at www.bondwolfe.com/property-auctions-west-midlands/, or email auctions@bondwolfe.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.