It follows three auctions where £807,000 was raised from sales of assets on February 6, £1.9m on March 27 and £2.86m on May 15Former Merrishaw Childrens Centre, 49 Merrishaw Road, Northfield(Image: Bond Wolfe)

‘Bankrupt’ Birmingham City Council has netted more than £5.5m in property sales so far in 2025.

It follows three auctions where £807,000 was raised from sales of assets on February 6, £1.9m on March 27 and £2.86m on May 15.

The running annual total amounts to £5,575,500 across each of the auctions by Bond Wolfe – with four more auctions scheduled this year.

READ MORE: Birmingham City Council makes £3m in an hour after rapid property sales

Some of the sites sold include the former Four Oaks Boys Club on Wilmcote Drive, in the Mere Green area of Sutton Coldfield, which sold for £393,000 – more than five times its £75,000 plus guide price.

Former Four Oaks Boys Club, Wilmcote Drive, Mere Green, Sutton Coldfield(Image: Bond Wolfe)

The former Trittiford Learning Centre, at 109-111 Trittiford Road, in Moseley, which had a £500,000+ guide price that went for £1,520,000.

While the former Merrishaw Childrens Centre at 49 Merrishaw Road in Northfield, which had a £200,000+ guide price and sold for £351,000.

A six-bedroomed, detached house at 83 Lichfield Road in Sutton Coldfield was bought for £799,000 and a former caretaker’s three-bedroomed house at 43 Poplar Road in Kings Heath was snapped up for £262,000.

43 Poplar Road, Kings Heath(Image: Bond Wolfe)

The auctioneers continues its contract to raise funds for the council at its next four auctions this year.

And Gurpreet Bassi, chief executive of Bond Wolfe, today invited other councils and housing associations to use his company’s auctions to sell their unwanted property stocks.

“We have worked closely with Birmingham City Council to successfully sell a carefully selected range of its commercial, industrial and non-operational properties.

“We make sure these properties are marketed to the widest possible audience, and they have attracted substantial interest, resulting in impressive sale prices.

“We are pleased that our efforts to date we look forward to handling more properties for the council in our upcoming auctions.

Aerial view of the former Trittiford Learning Centre, located at 109-111 Trittiford Road, in Moseley(Image: Bond Wolfe)

“We are also ready and willing to replicate this sales success with other councils and housing associations across the UK that have a stock of properties they wish to sell.”

Bond Wolfe will hold a further four more auctions this year – on July 10, September 11, October 23, and December 10.

For more details and to register to bid visit https://www.bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call 0121 312 1212.