A family home in Birmingham has been put on the market with a guide price starting at just £25,000. The three-bedroom semi-detached property on Nigel Avenue in Northfield is being marketed by auctioneers Bond Wolfe and will go under the hammer this week. However, the firm admits the property requires a full renovation.
Property Details
Downstairs, the home features two reception rooms, a kitchen, a hallway, and a staircase. On the first floor, there are two large bedrooms, a smaller box room, a landing, and a bathroom with a toilet. Outside, there is a small front garden that could potentially be converted into a driveway with appropriate permissions. The property also boasts a large, long back garden, a small lean-to area, and a separate garage accessed via a nearby back road.
Lease and Auction Information
One important consideration is that the property has just over seven years remaining on a 99-year lease, which will need to be renewed or extended. The auction will take place on Thursday, May 14, starting at 8:30 AM, and the property is listed as lot 42. Interested bidders must register via the Bond Wolfe website, email, or phone.
Craig Upton, marketing director at Bond Wolfe, noted that homes on the same road can fetch up to £245,000. He commented: "This is a great example of a family home where the need for full renovation has resulted in a low guide price, making the property an attractive target for bidders."
The property offers significant potential for those willing to invest in renovation work, with a guide price that reflects its current condition.
