A portfolio of nine Grade II listed properties given to Sir Robert Peel in dowry on his marriage to the daughter of Sir William Dugdale will go under the hammer at Bond Wolfe Auctions’ next sale, on 31 March.
The nine houses, built in 1795, are believed to be the oldest terrace of Georgian properties in Birmingham. Owner Colin Sims, who bought them in 1979, is selling the freeholds individually but will also consider offers for the whole parade at 30-46 Hamstead Road in the Hockley area of the city.
Historic England assisted in the upkeep of the properties by refurbishing stonework in 2011, and in 2015 and 2016 Sims was awarded Historic England Angel Awards in recognition of his efforts in maintaining and restoring the houses.
James Mattin, chief executive of Bond Wolfe Commercial, said: “This is a historic terrace of properties which is likely to appeal to portfolio income investors. Seven are currently vacant, with two tenanted. No. 40, for example, is fully let and producing a gross income of £49,200 pa. All have HMO licences.
“They are ideal investment properties in a sought-after area with strong demand for student lets and have huge rental potential. We expect to see interest from a wide variety of buyers.”
The auction will be live-streamed via Bond Wolfe Auctions’ website, with remote bidding by proxy, telephone or internet only.
