Pictured above: Bigwood director Jonathan Hackett
Two stunning city centre apartments come under the hammer at the
next Bigwood auction in Birmingham on Thursday, March 10, at the
Aston Villa ground.
The auction is set to be the largest ever held in Birmingham and
probably the largest outside London with a massive 136 lots going
under the hammer.
A fourth floor one bedroom apartment in Broadway Plaza, the
former Children's Hospital at Five Ways, off Ladywood Middleway,
has panoramic views of the city and is described as "in nearly
brand new condition". It has a guide price of
£80,000-£90,000.
The other opportunity is No 1, Royal Arch Apartments, Floor 9 of
the prestigious Mailbox development, a leasehold residential
investment.
The three bedroom unit has a current gross income of
£17,400 a year, and is on offer at
£200,000-£225,000.
Bigwood director Jonathan Hackett said: "For the right purchaser
these two properties, in the heart of the Second City, represent
something special.
"The price of both is attractive and we expect plenty of
interest."
A number of homes in attractive locations across Birmingham are
also up for auction.
No: 75 Alcester Road, Moseley, is a mid-terraced property with
five-bedrooms. It is being sold, with a new 125 year old lease,
guide price £140,000.
A freehold detached investment opportunity is 131 Acheson Road,
Hall Green, which takes in a building plot to the side. It has a
current gross income of £4,628 pa. The guide price is in
excess of £180,000.
Two more upmarket addresses are 31 Western Road, Sutton
Coldfield, a freehold semi-detached, currently converted into two
self-contained flats, with a guide price of
£175,000-£200,000 and 16 Amberley Road, Olton,
Solihull, a vacant freehold four-bedroom, mid-terrace, which though
it has undergone fire damage, is a snip at
£78,000-£82,000.
And there are a host of attractive Black Country homes in the
auction.
No: 5A/5B Park Crescent, Wolverhampton, is a ground floor flat
and freehold interest, with a guide price of £85,000. It
overlooks the city's attractive West Park.
No: 2 Castle View, Dudley, is a vacant freehold semi-detached
two-bedroom cottage with a guide price of just
£35,000-£39,000.
At 43 Warstones Road, Penn, Wolverhampton, there is a detached
bungalow, guide price £94,000-£98,000.
A three-bedroom property at 182 Essington Road, Essington,
Wolverhampton, has a guide price of
£55,000-£59,000.
A former site of a Sons of Rest community centre - once a major
network - is up for sale. At Hackett Close, Woodcross,
Wolverhampton, it has a guide price of £30,000. There is
outline planning permission for the erection of two detached
bungalows.
Meanwhile 2 Beacon Drive, Walsall is an imposing detached
five-bedroom property, with a guide price of
£275,000-£280,000.
At the bargain basement end is 1 Brougham Street, Lozells,
Birmingham, a derelict end terraced with a guide price of just
£25,000-£30,000.
And there is an excellent investment opportunity for those
specialising in purchasing ground rents - there are 12 lots
featuring 43 properties.
For more details or for a catalogue, contact Bigwood on 0121 456
2200 or visit www.bigwood.uk.com
.The auction starts at 11am.