Express & Star

Black Country homes up for auction with guide prices starting at just £10,000

Homes in the Black Country costing just a fraction of market rates are due to be sold later this month, with the cheapest guide price listed at £10,000.

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42 Wimborne Road

Nearly 60 homes across the Black Country are listed in the Bond Wolfe commercial property sale on May 18, although many with low guide prices are in need of modernisation.

Typical is a three-bedroom, semi-detached house at 42 Wimborne Road, in Wolverhampton. It has a guide price of more than £49,000 – a fraction of current market values.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “This is a prime example of the properties coming up for sale from across the Black Country at our next livestreamed auction."

He added: “These properties offer remarkable value for money but require some work to turn them into family homes. It makes them ideal for both first time buyers looking for that first step on the home owning ladder and property investors, looking to expand their buy-to-let portfolio.