Telford development site among properties at in-person auction

Development land and a handful of semi-detached homes are among the properties being auctioned at Bond Wolfe’s first in-person auction for two and a half years.

The land at Lightmoor in Telford

A parcel of land at Lightmoor in Telford has been granted planning permission for up to five dwellings. The lot has a guide price of just £110,000+ for the land adjacent to 1 Brook Cottage at Brick Kiln Bank.

The auction is taking place on Thursday 21 July, though it will also be live streamed.

Ian Tudor, joint managing director auctions at Bond Wolfe, said: “This 1.5 acre plot, just two miles from the historic town of Ironbridge, provides a highly attractive residential development opportunity.

“We are predicting some highly competitive bidding at our sale event on 21 July, both in the room and online.”

There are also four semi-detached homes across Shropshire that will also be going under the auctioneer’s hammer at the sale event.

Chapel Terrace

6 Chapel Terrace in Telford is a two-bedroom house with a guide price of £110,000+ for a property in need of general upgrading.

With gardens front and rear it has a through living room and kitchen on the ground floor, with the bedrooms and a bathroom with WC upstairs. It also has gas fired central heating and double glazing.

The other three homes are all residential investment properties in the south of the county: rented homes with existing tenants producing regular income.

Rockley Bank

The three bedroomed semi-detached house at 12 Rockley Bank, Cleobury Mortimer, has a guide price of £135,000+ and currently generates gross rental income of £6,720 per annum.

With gardens outside, two reception rooms, a hall, kitchen and WC downstairs and three bedrooms and a bathroom on the first floor, it is let subject to a regulated tenancy at £560 per calendar month.

Cleobury Mortimer

Also in Cleobury Mortimer, at 14 Lower Inhedge, another three bedroom semi is listed at £145,000+ and produces a gross income of £5,940 per annum, at a rental figure of £114.23 per week. With a driveway and garden to the front, it has a reception room, hall and kitchen on the ground floor with bathroom and bedrooms upstairs.

Myers Cottage

Around five miles north, the village of Stottesdon, Myers Cottage, is a three bedroomed detached house for sale with a guide price of £165,000+. It generates £6,084 per annum from a rental figure of £117 per week.

With a garden and drive to the front, it is laid out with a hall, reception room and dining kitchen downstairs and the bedrooms and bathroom on the first floor. Gas fired central heating is fitted.

The Shropshire properties are among 203 properties appearing in Bond Wolfe’s auction that starts at 9.30am on 21 July in the Holte Suite at Villa Park.

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

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