Three-bed family home in popular Birmingham suburb could be yours for just £35k.
This three-bedroom family home in a popular Birmingham suburb is available for just £35,000. The semi-detached property at 163 Lindsworth Road in Kings Norton will be auctioned off next month.
First-time buyers and property developers may be interested to learn that nearby homes have sold for more than £200,000 in recent years.
However, James Rossiter, senior auction valuer at Bond Wolfe, explained that the low auction price reflected the fact that the leasehold property required repairs. It also has fewer than ten years left on its lease.
He stated: “This vacant leasehold property stands back from the road with front and back gardens, as well as a rear garage.
“Downstairs, there is a hall, two interconnected reception rooms, a kitchen, utility room, and toilet, while upstairs there is a landing, three bedrooms, and a shower room with toilet.
“The residence has gas central heating, but it requires complete refurbishment throughout.
“There are approximately nine years remaining on this property’s lease, and full details are available within the legal pack.”
The leasehold property, which is expected to fetch £35,000 or more at auction, will be viewed in blocks, with times and dates announced later this month.
The Kings Norton home will be among the many lots offered at Bond Wolfe’s next auction, which begins at 8.30 a.m. on Thursday, September 11.
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