Siddall Jones brings readymade 87 apartments deal to the market

A prominent landmark office building in Halesowen which has planning permission for 87 apartments has been brought to the market seeking offers in excess of £2.695 million.

The West Midlands’ top commercial property agent Siddall Jones has been selected to sell Trinity Point East, New Road, Halesowen.

Managing director Ed Siddall-Jones said: “We are offering for sale the main seven storey building known as the East Wing with the associated car parking area offering 70 spaces.

“The property provides 52,107 sq ft over a ground and six upper floors and planning permission was granted in December 2021 for the conversion of the first and upper levels to 87 residential units, and more recently permission has been granted for the refurbishment of the existing façade to include new windows.”

Trinity Point East is situated on the south side of New Road, the A456, at its junction with High Street, some 0.1 miles north of the Cornbow Shopping Centre in the heart of Halesowen town centre.

The property is seven miles west of Birmingham and just two miles from Junction 3 of the M5.

The building has a large reception area with two passenger lifts, a main central staircase and a secondary staircase with access to all levels.

Ed Siddall-Jones added: “Office to residential conversions provide a new and valuable resource for the housing market, and Trinity Point East is the perfect example of a major opportunity coming to the market with planning permission already in place.

“With the West Midlands residential market currently so strong, we are anticipating strong interest in this property and look forward to striking a deal that will bring another 87 apartments on to the market.”

More details are available at https://www.siddalljones.com/property/trinity-point-east-halesowen/1385 or by calling Ed Siddall-Jones on 0121 638 0500.

Siddall Jones, which celebrates ten years in 2022, handled almost double the number of deals of their nearest rival in the annual EG Radius On-Demand Rankings.

The firm notched up 156 deals including sales and letting – on average three a week – in 2021.

Siddall Jones has two offices covering the West Midlands region, in The Mint, Icknield Street, Birmingham, and with a Black Country focus, at King Charles House, Castle Hill, Dudley.

Ends (366 words)

For further information, please contact,

Ed Siddall-Jones, Managing Director,

Siddall Jones, The Mint, 95 Icknield Street, Birmingham B18 6 RU.

0121 638 0500

www.siddalljones.com

Prepared and issued by Andy Skinner, ASAP PR – 07990 978257.

Editors’ Notes

Siddall Jones, which has offices in Birmingham and Dudley, was launched by Ed Siddall-Jones in 2012 and has grown steadily from one office to two and from one member of staff to six. In 2020, the firm was named Most Active Agent in the West Midlands in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine. In 2019, Siddall Jones was named Most Active Single Branch Agent by number of deals done by CoStar and was a Top Five finalist in the overall CoStar awards. In 2022, Siddall Jones was named the top commercial agent in the West Midlands in the EG Radius On-Demand Rankings. The firm brokered 156 deals including sales and lettings in 2021, almost double the number of the nearest rival.

Young man overcomes shyness and anxiety to find job, thanks to BCTG’s Talent Match programme

A young man who struggled with acute shyness and anxiety throughout secondary school and college is now blossoming in his first job, thanks to Midland training group BCTG.

Owen Clutterbuck had completed a BTEC in film and media at college with the aim of turning it into a career, but a series of unsuccessful job applications only increased his anxiety and low confidence.

But in November last year he signed up to the Talent Match programme that BCTG runs in Sandwell and he has now landed a Kickstart position in digital marketing with Global Trade Connections in Birmingham.

Owen, aged 21, from Oldbury, said: “I suffered with anxiety during high school and college.

“I have always been really shy and found it difficult to meet new people. Meeting new friends was not that easy for me. I’m still not comfortable making eye contact with people, it’s something I still struggle with.”

Owen attended Ormiston Sandwell Community Academy in Oldbury before leaving in 2016 for his two-year BTEC course at Halesowen College.

He explained: “I did film studies at school and found I enjoyed it so I wanted to proceed further in that career.

“I took a break for a bit after my course because I felt burnt out from college, but then started applying for work.

“I applied for a few jobs, including one as a runner on a film set, but didn’t get anything back, which lowered my confidence a bit.

“I’m not that good with meeting new people so it didn’t really go that well trying to find a job by myself. That’s why I needed help.”

Fortunately, Owen, who was briefly on Universal Credit, was referred by his local job centre to the Talent Match programme.

Owen added: “I thought it would help me out because I wasn’t really good at looking for work by myself. It was the push forward I needed to find a job.

“It was difficult adjusting and meeting new people but I found it got better as time went on.

“It’s also helped me with my confidence and my social and communication skills.”

Owen, who said he enjoyed working on social media and a new podcast club during the Talent Match programme, began his new job in March.

He currently works 25 hours a week but hopes to make it full-time in the future.

Shane Wedderburn, BCTG’s Talent Match coordinator at the Sandwell hub, said: “It has been a pleasure watching Owen flourish.

“He came to us with severe anxiety but by working with him and offering him guidance and intensive mentoring support his confidence quickly grew and his anxiety reduced.

“We were delighted to help find him a job and look forward to his continued success in the future.”

BCTG delivers the Talent Match programme across Sandwell targeting out-of-work 18 to 29-year-olds from its base at 33 High Street in West Bromwich. They can be contacted at 0121 544 6455 (Option 4).

Ends (491 words)

For further information, please contact:

Chris Luty, Chief Executive Officer,

BCTG Group, European Business Park, Taylors Lane, Oldbury, B69 2BN. Tel: 0121 544 6455

Prepared and issued by Andy Skinner of ASAP PR – mobile 07990 978257.

Electric vehicle growth is a highly charged issue for developers – Principle

Developers and estate property managers need to keep abreast of fast changing fast charging advances in the world of electrical vehicles (EV), experts at Principle Estate Management are warning.

Bob Simonds, director at Principle Estate Management, said not only do developers need to factor in EV charging into new builds, they also need to be aware of the implications and associated costs of retro-fitting existing buildings.

His comments come as the motor industry recorded only a 1% increase in overall vehicle sales in 2021, but a record breaking 190,727 EVs were registered in the year, representing a 76% increase on 2020.

He said: “As a mandatory requirement, developers of new buildings should be planning to make every parking space electric meter ready and connected to the leaseholders’ main Smart meter.

“This means the lease will need rewriting to reflect changes made and cater for the provision of electric charging and the consequent recharging to the holder of the parking space.

“Some developers are also considering Electric Vehicle Club Facilities where residents can make use on a chargeable basis of electric bikes, scooters and cars.”

But he cautioned that it is retro-fitting EV charging that is likely to cause the most difficulties in the next couple of years.

“Trade body ARMA, the Association of Residential Managing Agents, has produced useful guidance which highlights the points that need addressing.”

These include the need for the leaseholder to seek permission in the first instance from the managing agent to install electric charging points to car spaces.

“Major points for consideration include – is it physically possible? Who owns the parking space? Is it a dedicated parking space allocated to an owner or is it a ‘first come, first served’ arrangement?

“Is a Risk Assessment required for each individual space to be converted, and if so, who is liable to pay for it?”

He also pointed out that a five year NIC EIC test to BS 7671 for the hard wired links would be required.

“A further factor is, if you can clear all these hurdles, what charging system should you install? The very fast chargers available at some service stations, for example, require a three phase electricity supply, but residential developments are usually a single phase, lower power, supply.

“This means longer charging times – but charging technology is advancing rapidly, so what system should you install today?

“In just a few years, we have progressed from cars that can run for up to 80 miles, to vehicles with the potential to travel 600 miles on a single charge.

“The technology for charging is also progressing rapidly and so it is not unreasonable to expect advances on this front as well – in the not too distant future,” he said.

In December 2021, the government announced that new homes and buildings, such as supermarkets and workplaces, as well as properties undergoing major renovation will be required to install EV charging points in 2022 – with a confirmed date for the new regulations yet to be announced.

Mr Simonds said: “This means that developers and their residential managing agents need to be on the front foot and alert to all these developments, both regulatory and advances in charging technology.

“Principle Estate Management is already advising developers with new builds in the pipeline and those looking to retro-fit EV charging, and this is an area of our practice we expect to grow rapidly as 2022 progresses and we move towards the ultimate banning of the sale of new petrol and diesel vehicles in 2030.”

Principle, whose directors are all experienced chartered surveyors, is a full and active member of the Association of Residential Managing Agents.

Based in Birmingham, the company now has nearly 40 staff looking after a portfolio of approaching 8,000 units in 250-plus developments across the UK.

For more details of Principle’s budget planning service, developers, freeholders and management committees can contact Mr Simonds on 07775 750399 or email him at RSimonds@PrincipleEstate.co.uk

Ends (655 words)

For further information please contact: 

Brett Williams,

Principle Estate Management LLP, 137 Newhall Street, Birmingham B3 1SF

Tel: 07954 078711 / 0121 289 4315

Email: BWilliams@PrincipleEstate.co.uk

www.PrincipleEstate.co.uk

https://twitter.com/PrincipleEM

https://www.linkedin.com/company/principle-estate-management/

https://www.facebook.com/PrincipleEstateManagement/

Editors’ notes:

Principle Estate Management is a customer-focused managing agent with a vision to positively impact the everyday lives of its communities. This is underpinned by Principle’s values which are: ‘We’re united; we own it; we choose positivity; we make a difference, every day; and we never settle.’ Principle, based in Birmingham, looks after properties nationwide is led by experienced chartered surveyors. The company manages modern apartment buildings, traditional blocks of flats, mixed use developments, private housing estates and private rented sector (PRS) or build-to-rent (BTR) developments, as well as portfolios of rented properties for residential or commercial landlords.

Historic offices at Ipsley provide new home for fast-growing interpretation service for deaf people, thanks to John Truslove

A move to a Grade II listed office building has come just in time as demand surges for a company providing Interpretation, translation and training services, enabling deaf and hearing people to communicate.

Ian Parker, joint managing director at commercial property agents John Truslove, helped Sign Solutions find its new home at 17th century Ipsley Barn, now the hub for a hi-tech video interpretation service that reaches out across the UK.

Clients ranging from EE, Virgin Media, Three and Goldman Sachs to the Royal Mail and the NHS use Sign Solutions’ team of British Sign Language (BSL) interpreters to communicate with deaf people, in-person across the UK or using the company’s on-demand InterpretersLive! Video interpreting service.

The move to the historic converted barn comes as Sign Solutions has seen major growth in demand for its services.

Managing director Clare Vale said: “The success of Deaf actress Rose Ayling-Ellis on Strictly Come Dancing and the current BSL bill going through Parliament have made people much more aware of the needs of the Deaf community”.

“Covid provided a major boost to our business as all organisations moved online using Zoom, Starleaf, MS Teams and Attend Anywhere and became comfortable and confident using video platforms.

“This enabled us to grow our video interpreting provision by over 300% and helped us raise awareness of how organisations can ensure their products, services and work are equally accessible to deaf and hard of hearing people.”

“The coronavirus pandemic and hybrid flexible working across the UK, meant we needed a smaller office base and our landlord at our place in Alvechurch wanted to convert it to apartments, so that meant we needed a new home quickly.

“John Truslove had helped us find the Alvechurch offices in 2011 and Ian Parker and his team were able to work with us again, to secure Ipsley Barn. It’s perfect; it is a lovely place to work, out in the countryside, and also has enough car parking for all our team.”

“Ian was really helpful with the whole process and enabled access to measure up and equip our offices. We feel we’ve got a good deal.”

Clare added: “We had 17 people two years ago and we have now grown to 30, with ten based at Ipsley and the rest working from home around the country.

“Continuing demand means we have just taken on another three people.”

Ian Parker sealed a deal that saw Sign Solutions take 1,376 sq ft of offices on the first floor at Ipsley Barn, off Berrington Close in Redditch, on a five year lease at £16,500 per annum.

Mr Parker said: “These attractive and historic offices provide an ideal base for a growing, hi-tech company like Sign Solutions providing a service across the country. We were delighted to help them find a new home that will take the business into the future.”

“This is just one of a string of attractive office buildings across our portfolio and demand is high as the coronavirus restrictions wind down. Our landlord clients are keen to strike deals with good tenants.”

Becky Pickering, property associate at law firm Higgs, acted for Sign Solutions.

Ends (523 words)

For more information, contact:

John Truslove, Daralbee House, Archer Road, Redditch, B98 8DJ

01527 584242

Editor’s Notes

Redditch-based chartered surveyors and valuers John Truslove was established by John Truslove in 1981 and has become the market leading independent agent for commercial property in North Worcestershire and North Warwickshire as well as the wider West Midlands.

The firm was named Most Active Agent in Worcestershire in the Radius Data Exchange survey produced in conjunction with EG, the commercial property market magazine.

Joint managing director Ian Parker was also named Worcestershire Dealmaker of the Year AND Warwickshire Dealmaker of the Year for 2020. The survey year, which runs from August to August, saw John Truslove record a 36% increase in deals negotiated over the 12 months.

Issued by Andy Skinner of ASAP PR, mobile 07990 978257.

Large detached residence near Malvern Hills for sale, with stunning rural views 

A five-bedroomed house with “stunning views” of the famous bluebell fields near the Malvern Hills in Worcestershire has gone up for sale.

Estate agency Nicol & Co is marketing the large, detached residence which lies in an elevated position at 69a West Malvern Road for offers over £600,000.

Erica Hinwood, sales manager at Nicol & Co, said she and her staff were already handling keen interest for the property which has ample off-road parking with a garage and a courtyard style garden.

She said: “This impressive and versatile property stands out impressively and has simply stunning views over the surrounding countryside, including the famous bluebell fields.

“The front door leads into a foyer with stairs to the first floor which includes a bedroom with large ensuite bathroom, a study and sitting room, which can also be used as a bedroom.

“The second floor has a lounge with a bay window providing the most gorgeous views and an inglenook fireplace.

“The dining room then opens onto the courtyard garden, and the fitted kitchen is accompanied by a useful utility room, plus there is a cloakroom with toilet.

“On the third floor is a master bedroom with an ensuite bathroom and large dressing room, and two further bedrooms.

“There is a small summer house in the courtyard garden to the rear which is low maintenance and allows for direct access onto the Malvern Hills, making it a great place for walking.

“The driveway provides off-road parking for several vehicles and direct access to the garage.”

Ms Hinwood explained that the property is fully connected to mains gas, electricity, water and drainage and has superfast and standard broadband.

She added: “The property is both stunning to look at and to look out from, and will give its new owners a genuine and quality feel of living in the countryside.”

For more information about 69a West Malvern Road visit: https://www.nicolandco.co.uk/property/69a-west-malvern-road-malvern-wr14-4nf/.

Alternatively, contact Ms Hinwood at Nicol & Co’s Malvern office on 01684 201320 or email erica@nicolandco.co.uk.

Ends (332 words)

For further media information or interviews, please call:

Matt Nicol, Managing Director, Nicol & Co, 226 Worcester Road, Droitwich Spa, WR9 8AY

Tel: 01905 799072

Notes to Editors

Established in 2009, Nicol & Co is an award-winning estate agency offering advice on sales, lettings, new homes and land purchase. The company combines the latest in digital media with traditional high street courtesy and service to provide the perfect blend of old and new technology.

Prepared and issued by ASAP PR – 07990 978257.

Shire Hall witnesses appointment of Andrew Manning-Cox as new High Sheriff of Worcestershir

Well-known lawyer and businessman Andrew Manning-Cox has been appointed High Sheriff of Worcestershire.

His formal appointment, the first before an audience in public for three years, took place on Wednesday 13 April at the Shire Hall where he made his Declaration before the President of the Family Division, the Rt Hon Sir Andrew McFarlane.

He takes over the role from Richard Amphlett.

The office of High Sheriff is an independent, non-political Royal appointment for a period of one year. After the monarchy, it is the oldest secular office in the country, dating back to before the Norman Conquest.

The role is voluntary and today is largely ceremonial but carries the status of being the Queen’s highest judicial officer in the county and involves a mix of ceremonial, charitable and community functions.

Andrew Manning Cox said: “I am very honoured to be invited to take up the office of High Sheriff and am looking forward to immersing myself in all the valuable work going on across Worcestershire, whether carried out by our emergency and health services, or the increasingly vital charity sector.

“My year of office also provides the opportunity to raise funds for the High Sheriff’s charity within the Worcestershire Community Foundation which does so much to support families and individuals across the county.”

Married with two adult children, Andrew Manning-Cox has lived in south Worcestershire for over 40 years, and he said his time as High Sheriff would enable him learn more about the needs of the whole county and promote the achievements and aspirations of so many people whose efforts deserve more recognition.

He qualified as a solicitor in 1980 and became a partner in 1985 at leading lawyers Wragge & Co LLP, now known as international law firm Gowling WLG (UK) LLP.

He retired in 2018 from the partnership but has kept busy in a variety of roles across Worcestershire.

He is a non-executive director at leading Midlands law firm Thursfields Solicitors and is also on the board of Worcestershire County Cricket Club.

He is chairman of Sanctuary Group, which is based in Worcester and is one of the UK’s largest housing and care providing charities, responsible for some 110,000 housing units, 65,000 student accommodation units and 100 care homes.

He chairs the Hereford Enterprise Zone and is a board member of the Marches LEP. He also sits as an Arbitrator and Mediator, and is a Notary Public.

His previous non-executive director roles include a seat on the board of Malvern Hills Science Park.

He said: “I look forward to a voyage of discovery, supporting the judiciary and blue light services in the county  and learning more about the vital role played by our public services and voluntary sector in caring for our community.”

Ends (430 words)

For further information, please contact:

Andrew Manning Cox – 07770 658462
Andrew@manningcox.co.uk

Prepared and issued by Andy Skinner at ASAP PR – 07990 978257.

Editors’ Notes

THE OFFICE OF THE HIGH SHERIFF

The Office of the High Sheriff is over 1,000 years old and is the oldest continuous secular office under the Crown.

The origins of the Office data back to Saxon times when the ‘Shire Reeve’ was responsible to the King for the maintenance of law and order within the Shire, or county, and for the collection and return of taxes due to the Crown. Today, there are 55 High Sheriffs serving the counties of England and Wales each year.

Originally the Office held many of the powers now vested in Lord-Lieutenants, High Court Judges, Magistrates, Local Authorities, Coroners and even the Inland Revenue. They could raise the hue and cry after criminals and keep the King’s peace by mobilising the full military force of the County – the posse comitatus.

The High Sheriff is still the Sovereign’s representative in the County for matters relating to the Judiciary and the maintenance of law and order.

High Sheriffs are responsible in the counties of England and Wales for duties conferred by the Crown through Warrant from the Privy Council including: attendance at Royal visits to the County, the well-being and protection of Her Majesty’s High Court Judges when on Circuit in the County, and attending them in court during legal terms; acting as the Returning Officer for Parliamentary Elections in the County constituencies; responsibility for the proclamation of the accession of a new Sovereign; and the maintenance of the loyalty of subjects of the Crown.

High Sheriffs are encouraged to undertake duties to improve and sustain the morale of those in the voluntary and statutory sectors, particularly those engaged in the maintenance and extension of law and order, and with the entire criminal system, in particular in the field of reduction of crime and the development of an anti-crime culture among the community.

It is an independent, non-political and unpaid Office which enables the incumbent to bring together a wide variety of individuals for the benefit of the community.

A High Sheriff is nominated by a selection panel; there is an annual nomination ceremony in November each year in the Royal Courts of Justice when the names are put forward.

Subsequently, the annual appointment of High Sheriffs is made by the Sovereign at a meeting of the Privy Council, when the custom of “pricking” the appointee’s name with a bodkin is perpetuated.

The High Sheriff takes up appointment upon making a sworn declaration in terms dictated by the Sheriffs Act 1887 in the presence of one of the Judges of her Majesty’s High Court or a Justice of the Peace.

There is no bar to any suitable person becoming a High Sheriff.

Energy security strategy must balance reality today with future needs

The UK’s future energy security strategy needs to tread a fine line between the practical needs of industry now and its medium to long-term targets, the Head of Manufacturing at national audit, tax, advisory and risk firm Crowe is warning.

Johnathan Dudley said there was the inherent risk of securing the UK’s domestic energy policy and committing to a greener future, while businesses simply imported products from countries that paid only lip service to the environmental agenda.

“It’s no good being ‘clean’ but importing products from countries that aren’t. It’s just creating poverty here while moving the problem elsewhere.

“Not all countries are committed to net zero, let alone by 2030/2050, and this is what is behind the rumoured threat by Toyota to move manufacturing away from the UK. Others may follow.” he said.

He cautioned that an over-aggressive, early implemented energy security strategy has grave short-term risks for business.

“In the short-term there will undoubtedly be an impact on cashflow, on the return on capital employed, and an impact on profits which, ultimately, may risk the survival of some businesses.

“We need a balanced and affordable strategy that supports UK industry in the short-term and incentivises investment for the future. This will need grant funding, as loans are already gearing balance sheets too much.

“Organisations with money will only invest in countries with the best incentives and a more realistic, balanced approach to net zero.

“Industry has a key role to play here as an influencer, to help the UK government steer a viable path between ultimate energy security for the country, and the current practicalities facing manufacturing businesses.”

Ends 

Contacts:

  • Miriam Sherwood, Director, People Communications & Marketing, Crowe UK. Tel: (0)121 543 1900, sherwood@crowe.co.uk

Notes to Editors:

About us
Crowe is a national audit, tax, advisory and risk firm offering global reach and local expertise. We are an independent member of Crowe Global, one of the top 10 accounting networks in the world. With exceptional knowledge of the business environment, our professionals share one commitment, to deliver excellence.

We are trusted by thousands of clients for our specialist advice, our ability to make smart decisions and our readiness to provide lasting value. Our broad technical expertise and deep market knowledge means we are well placed to offer insight and pragmatic advice to all the organisations and individuals with whom we work. Close working relationships are at the heart of our effective service delivery.

For more information, visit: www.crowe.co.uk


Crowe industry recognition

  • UK Member of one of the top 10 accounting networks in the world (International Accounting Bulletin World Survey 2021)
  • Top charity auditor (Charity Financials Auditor Benchmarking and Charity Finance Audit Survey, 2009 – 2020)
  • Ranked 5th in the AIM auditors ranking by number of audits (AIM Advisers Rankings Guide, January 2022)
  • 9th largest audit firm in the UK (UK fee income of audit firms that audit PIEs – by fee income on audit, FRC Key Facts and Trends in the Accountancy Profession, Figure 33, July 2021)
  • Risk Consultancy of the Year 2021 for the second consecutive year (InsuranceERM) – Crowe was recognised to be at forefront of two key areas of focus for insurers in 2020: operational resilience; and environmental, social and governance (ESG) issues, including climate change.
  • Awarded Bronze for Accountancy Firm of the Year – Large (2020 Citywealth Magic Circle Awards)
  • Global Mobility Provider of the Year (Global Payroll Awards 2020)
  • Employment Tax Specialist of the Year (Global Payroll Awards 2019)

49% rise in residential property sales across Worcestershire in last 12 months

Residential property sales across Worcestershire have surged by 49% to 4,940 in the last 12 months, according to the latest market update from leading local estate agent Nicol & Co.

Matt Nicol, managing director of Nicol & Co, said the increase reflected “a significant post-lockdown recovery” in the county, with sales in the areas represented by its offices as follows:

  • Worcester, 54% up to 2,122
  • Malvern, 45% up to 723
  • Droitwich, 17% up to 489

Mr Nicol said: “Average house prices have also increased significantly across the county in the last 12 months, with Malvern rising 9.6% to £283,000, Droitwich up 6.4% to £277.700 and Worcester up 6.2% to £241.400.”

Mr Nicol explained that the local lettings picture had been “more fluctuating” over the last twelve months, with the following statistics:

  • Worcester, 7% up with a monthly rental average of £761
  • Droitwich down slightly to £755.
  • Malvern 6.4% ahead at £803.

Nicol & Co’s local market analysis is based on the latest statistics from Dataloft.

Mr Nicol added: “In February, we achieved on average 101.81% of the asking price on behalf of our clients.

“In such a dynamic market, if you are considering a move it’s important to know what your budget is, whether that’s getting an updated valuation on your existing home or checking out the latest mortgage deals on offer.”

Anyone selling, buying or renting in Worcestershire can find out more about Nicol & Co via www.nicolandco.co.uk.

Ends (238 words)

For further information, please call:

Matt Nicol, Managing Director, Nicol & Co, 226 Worcester Road, Droitwich Spa, WR9 8AY

Tel: 01905 779072

Prepared and issued by Steve Dyson at ASAP – 07990 978257

Bond Wolfe grows revenues to £23 million-plus in second property auction of 2022

A continuing strong market for property saw a substantial growth in revenues at Bond Wolfe’s second auction of 2022, with total sales of more than £23 million.

The auction on 30 March was more than £5 million up on the previous auction in February and saw 168 lots sold out of 181 offered, a success rate of 93%.

The livestreamed event produced some staggering audience figures with 662,914 page views, 151,712 virtual tours of lots, 36,025 legal documents downloaded and 25,549 viewers logging in to watch the auction live.

Bond Wolfe chief executive Gurpreet Bassi said: “While global uncertainty surrounding huge issues like the Ukraine war, oil prices and interest rates continue to rock the economy, it is reassuring to see that property is still seen as a safe investment.

“We got off to a good year in our February sale with revenues of £17.7 million but were delighted to have seen a substantial growth to more than £23 million in our second sale of the year.

“The popularity of Bond Wolfe auctions speaks for itself both in terms of the sales made and the incredible audience statistics that have emerged.”

Highlights from the 30 March auction included the former Moorlands Methodist Church on Hydes Road, West Bromwich which sold for nearly four times its £175,000+ guide price* at £670,000.

Strong bidding produced an even more impressive result for a three-bedroomed, semi-detached house at 108 West Park Avenue in Northfield, Birmingham when it sold for £216,000 – well over four times its guide price of £50,000+.

And a sale price of £190,000 for a three-bedroomed, end-terraced house at 96 Sir Hiltons Road, also in Northfield, was exactly twice its £95,000+ guide price.

Meanwhile, a two-bedroomed, mid-terraced house at 135 Oxhill Road in Handsworth was sold for well over twice its £50,000+ guide price at £121,000.

Over in Witton, the hammer came down at £159,000 for a grade II-listed former lockkeepers’ canalside cottage at 79 Deykin Avenue, which had a guide price of £135,000+.

There was a healthy interest in a wide range of properties at the auction, with a two-bedroomed, semi-detached house at 44 Dolphin Lane in Acocks Green that needed renovations throughout sold for £184,000 – nearly twice its £95,000+ guide price.

Properties over in the Black Country also prompted competitive bidding, a good example being the £136,000 raised for a three-bedroomed, mid-terraced house at 95 Coles Lane in West Bromwich, which had a guide price of £75,000+.

The Black Country success story continued with a quartet of neighbouring houses converted into flats at 117, 119, 121 and 123 Tettenhall Road in Wolverhampton, which all sold prior to auction as follows:

  • number 117 sold for £275,000 from a guide price of £245,000+,
  • number 119 sold for £250,000 from a guide price of £220,000+,
  • number 121 sold for £275,000 from a guide price of £245,000+, and
  • number 123 sold for £255,000 from a guide price of £220,000+.

Commercial properties saw healthy sale prices too, with a two-storey former vets surgery at 456 to 458 Hagley Road West in Oldbury selling prior to auction for £485,000 – more that £200,000 more than its guide price of £275,000+.

Bond Wolfe sells properties from across the UK for all sorts of reasons, an example being a two-bedroomed, mid-terraced house at 54 Wheatfield Road in Northampton with a £140,000+ guide price which was sold on behalf of receivers for £160,000+.

Mr Bassi added: “These impressive results once again show that there is a resilient interest in properties across the UK and that it is an ideal time to sell quickly by auction.”

Bond Wolfe’s next auction starts at 9am on Thursday 19 May 2022, and property owners interested in selling can arrange a free auction appraisal by calling 0121 312 1212 or 01902 928 510, or by visiting https://www.bondwolfe.com/free-property-appraisal/

Ends (632 words)

For further information, please contact:

Suzanne Randell, Head of Marketing and Communications,

Bond Wolfe Auctions,

1st Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 312 1212

www.bondwolfeauctions.com, Twitter – @BondWolfeAuc

Editors’ notes:

Bond Wolfe Auctions has a record breaking and award-winning team with over 300 years of combined property experience.  They sell all types of residential, commercial and mixed-use property, investments and land/development sites for private individuals and corporate clients. They will hold eight auctions in 2022 as well as offering online auctions, selling properties nationally across the UK.

Record prices recorded in plush Birmingham suburb as Davidson becomes number one agen

Davidson Estates has become the number one agent for February in Birmingham’s Edgbaston area after successfully selling seven properties in the last few weeks.

The increased activity – with sales associate Daniel Miles leading on most of the sales – has also seen Davidson Estates taking on 12 new instructions in its core area, equating to a top market share of 14.6%.

This all comes as a huge demand for a low supply of housing has seen record prices for properties in the B5, B15 and B16 postcode areas.

These include a four-bedroomed, detached house on Selwyn Road listed at £650,000 that received seven offers, with five of them either for or over the asking prices, before the vendor settled on a sale.

Meanwhile, a two-bedroomed, ground floor flat at Jacoby Place on Priory Road sold after just 11 days in a cash-only sale for its asking price.

Over in Foster Way, a two-bedroomed apartment listed at £125,000 has already received seven offers after huge interest and numerous viewings, while another on Niall Close was listed last Saturday and was sold subject to contract by Tuesday after six offers.

Ben Davidson, the founder and director of Davidson Estates, explained how the latest Rightmove statistics for the 1 to 27 February period had clearly positioned his company at the top of the league.

He said: “There is a real shortage of properties in the prime areas of Edgbaston, and that means that we have been able to attract some really competitive offers.

“For the right kind of houses, apartments and flats, there are buyers out there willing to at least meet, and in many cases offer more than, the asking prices.

“In short, there has never been as good a time to sell, as the huge demand means that Edgbaston properties are regularly recording record prices.”

Davidson Estates has now refurbished and reopened its head office at 14a Frederick Road in Edgbaston, while it also has another office at Unit 2 in Liberty Place, Sheepcote Street.

Impressive properties that Davidson Estates has for sale can be viewed here https://www.davidsonestates.co.uk/buy/property-for-sale/.

Ends (348 words)

For further information, please contact:

Ben Davidson, Managing Director, Davidson Estates,

Head office: 14a Frederick Road, Edgbaston, Birmingham B15 1JD

Unit 2, Liberty Place, Sheepcote Street, Birmingham B16 8AE

Tel: 0121 455 7727

Mobile: 07834 561 537

Email: ben.davidson@davidsonestates.co.uk

www.davidsonestates.co.uk

Editors’ Notes

Davidson Estates is an established estate and letting agency based in Edgbaston and Birmingham city centre, specialising in residential property lettings, property management, PRS Management (Build-to-Rent), residential sales, new build (presale) sales, land/site finding, development consultation, furniture, maintenance and refurbishments. Founded by Ben Davidson in January 2009, the business has built up an excellent reputation for its high level of service and is now regarded as one of the best and most reliable property agents in Edgbaston and Birmingham city centre.