What could you buy for £14,000? Perhaps a decent second-hand car or a luxury family holiday. How about a three-bedroom house?
This terraced house in Queen Street, Bilston, is up for auction next month and it has a guide price of between £14,000 and £19,000.
According to Zoopla, terraced properties in this street are valued at about £113,448 – and have gone down in value over the past 12 months by 2.49%, or £2,901 – so it could be a great bargain for a house hunter or by-to-let investor.
Of course, with such a low guide price, it needs significant refurbishment, but it has UPVC double glazing and comes with two reception rooms, kitchen, bathroom and WC on the ground floor and three bedroom upstairs, plus a back yard.
A ball’s throw away from Bilston Town Football ground, the house is half a mile from the town centre, a three-minute drive from the Black Country Route and less than a mile from the Metro tram stop.
The house is one of more than 50 that are going under the hammer at the Bond Wolfe auction on December 8.
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Also going to auction is a four-bedroom mid-terrace house in Newhampton Road East, Wolverhampton. Close to Molineux Stadium, it has a guide price of £39,000+ and comes with gas central heating, UPVC double glazing and a large yard. The house needs refurbishing throughout, hence the low guide price.
Gurpreet Bassi, chief executive of Bond Wolfe, said: “These are typical of the broad range of properties coming up for auction at our December event.
“Wherever people look across the Black Country, and at whatever price level, we’re sure to have something to suit first time buyers, families wanting to find somewhere bigger, or landlords looking to increase their portfolio.
“Many properties are in need of some redecorating, DIY or tender loving care to a greater or lesser extent, which adds to the incredible value they offer.”
For more details about the next auction, visit here.
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Before you go, please check out our Christmas Brumwish appeal here