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Single day sales record for Bond Wolfe

The Negotiator
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Graham Carter

Bond Wolfe has broken its previous record for the total number of lots sold in a single day, raising more than £29.2 million in sales.

The fast-growing company sold 222 lots from the 231 offered in its most recent livestreamed auction yesterday, achieving a success rate of 97 per cent.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “Despite the end of the first phase of the stamp duty holiday, the marketing period for this auction remained as busy as ever.

“This interest was then reflected in another marathon livestreamed auction, with the growing demand for well-priced property continuing.”

Standout lots included a two-bedroom semi-detached property near Sutton Coldfield, which after competitive bidding was sold for £380,000 from a guide price of £195,000 to £225,000.

Down in south Birmingham, a three-bedroom semidetached house also proved popular, selling for £237,000 from a guide price of £125,000+.

Over in Kings Heath, the hammer eventually came down on a mixed-use investment property at £203,000 from a guide price of £137,000+.

Mr Bassi added, “Auction buyers’ appetites for attractively priced property remains strong.”

Bond Wolfe’s next auction is on 9th September.

September 21, 2021

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