Former care home trio set to go under the hammer

A trio of former care homes within a mile of each other in West Bromwich will all go under the hammer at the next Bond Wolfe Auctions online auction at the end of this month, with combined guide prices in excess of £1.5m.

McLaren House, St Andrew’s Court and Rowena Court are each listed separately in the brochure for the upcoming auction, on 31 March, along with 223 other lots from across the UK covering everywhere from Cornwall to Northumberland and with guide prices ranging from £nil to £850,000.

Ian Tudor, managing director of Bond Wolfe Auctions, said: “All three properties are attractive and well maintained and we believe – given planning permission – they could be converted for a variety of residential uses, such as flats or HMOs – homes of multiple occupancy.

“Alternatively, each would make an ideal large family home.

“Given the highly attractive guide prices for each individual property we are expecting considerable interest from potential bidders both from across the UK and abroad.

“Our last online auction in February saw a staggering 3,500 people logging on to watch proceedings and bid during the day. Our use of the internet has opened our auctions up to a global audience and UK properties like these three former care homes are in the sights of a growing number of British and international investors.”