Almost £20m raised in latest Bond Wolfe auction

James Mattin

A former workhouse building in the Black Country raised more than twice its guide price at Bond Wolfe’s latest auction, contributing to the £19.6m raised in sale prices.

The £236,000 paid for the Victorian Grade II-listed former Board Of Guardians Offices at 100 Pleck Road in Walsall featured at the livestreamed event on December 14.

The building, which had a £99,000+ guide price, has been empty for some years but still retained many features, including glazed tile dados, panelled doors, stained glass and a first-floor board room with a moulded plaster panelled coved ceiling.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “It’s rather fitting that this building, which could easily have featured in A Christmas Carol by Charles Dickens, has fetched such an impressive price in the run up to Christmas!”

Bond Wolfe saw 130 lots sold out of 146 offered at the auction, a success rate of 90% that included properties from across the whole Midlands and as far away as Devon, Kent, the north-west and north-east.

Website views reached 515,000 before the auction, as well as 116,201 video tours watched and 21,892 legal documents downloaded.

Bassi added: “Festive jollities aside, the keen appetite for property was reflected in the strong competition we experienced throughout the auction with many healthy prices achieved.

“In spite of prevailing economic circumstances, our auctions consistently surpass the industry standard, delivering outstanding outcomes for our clients nationwide.”

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