Block of flats in Tipton to be sold at auction with £1.2 million guide price
A block of 18 self-contained flats in Tipton is set to be sold at auction with a guide price of around £1.2 million.
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The block comprising of numbers one to 18 Millennium Forge on Coyne Close will appear in a live online auction hosted by property business Bonde Wolfe on March 27.
Gurpreet Bassi, chief executive at Bond Wolfe, said the block is currently vacant and could be suitable for redevelopment if planning permission was obtained.
Mr Bassi added: “This is a substantial, three-storey block that has 18 self-contained flats which we are expecting heightened interest in from potential developers.
“The property is located on the corner of Coyne Close and Sedgley Road West, a mixed use area of both commercial and residential uses within the centre of Tipton.
“There are ample amenities within walking distance and [it] has good transportation routes to surrounding districts to include Wolverhampton, Dudley, Walsall and West Bromwich.”
Each of the flats have single bedrooms, with one adapted for wheelchair use, as well as an open kitchen dining area and shower room with a toilet.
Communal areas in the block include a lounge, kitchen, conservatory, salon, assisted bathrooms, utility room and offices.
The property also has gas central heating, an intercom door entry system, fire doors, smoke alarms, emergency lighting and a lift.
The block of flats will feature in the auction which is due to start at 8.30am on March 27 on Bond Wolfe’s website.
For more details and to register to bid, people can visit bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call 0121 312 1212 or 01902 928 510.
