Pre-war Birmingham home hits auction with shock £1 guide price - see inside

This pre-Second World War home in Birmingham needs complete refurbishment.

The property has a guide price* of just £1 and it’s expected to attract competitive bidding in Bond Wolfe’s next auction.

The two-bedroomed, semi-detached house at 7 Mossvale Grove in Saltley, will appear in the livestreamed auction on Wednesday 10 December.

The vacant leasehold property had more than ten years unexpired on its 99-year which began in March 1937.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “We rarely market properties with a guide price of this nature; however, it accurately reflects the level of work required to bring the home to its full potential.

“Despite these factors, our experience is that there is a strong market for such properties, as with investment this could make a good return, for example with a landlord wanting to expand their portfolio.

“With that in mind, we are expecting competitive bidding for this property at our auction.”

Take a look below at the property!