Walsall block of 44 flats in Bond Wolfe auction with £1.65 million price tag

Gurpreet Bassi, chief executive of Bond Wolfe, said: “This is a substantial, vacant, freehold property that may be suitable for redevelopment – subject to securing the necessary planning permissions.

“It presents a rare opportunity in Walsall, and we are expecting considerable interest from developers and property investors nationwide when it comes up for sale in our auction in May.

“Our livestreamed auctions regularly see thousands of people logging on from across the UK and even from overseas, and a property such as this will prove highly attractive.”

Wollaston Court, on Lower Rushall Street, comprises 22 one-bedroomed flats and 22 two-bedroom flats.

Mr Bassi said: “The flats are serviced by an elevator lift system, and the property is surrounded by communal land and car parking.

“It sits on Lower Rushall Street, close to the centre of Walsall, within a mixed-use area of both commercial and residential properties with local amenities within walking distance – including a large Morrisons supermarket just over the road.

“The building has a communal entrance hall and landings on each floor, with eights flats on the ground floor and nine on each of the other floors. Each flat has a separate kitchen and bathroom with WC.

“There are also convenient transportation links to surrounding districts including Wolverhampton, Dudley, West Bromwich and Birmingham.”

Mr Bassi added: “Offers in excess of the guide price may be considered prior to the auction sale.”

Wollaston Court will be among scores of lots appearing in Bond Wolfe’s next auction which starts at 8.30am on Thursday 14 May.

 The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.  

For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties