A rare opportunity to buy an eight-bedroomed midlands Georgian farmhouse with consent to create two large homes is coming up at Bond Wolfe Auctions’ next auction later this month.

The Georgian farmhouse property on Otherton Hall Farm, near the hamlet of Otherton near Penkridge in South Staffordshire, will have a guide price* of £395,000+ in the online-only, live-streamed auction on Wednesday 28 October.

Aptly known as The Farmhouse, the spacious building is thought to be at least 200-years-old and is currently a detached house ranging over four floors including the attic, with an additional basement.

As it stands, the property needs refurbishment throughout, but it benefits from planning permission to be sub-divided into two homes – one a five-bedroom house with a one-bedroomed annex, the other a six-bedroomed house.

Colin Totney, a land and development surveyor at Bond Wolfe Auctions, said: “This is a truly stunning property which has a lot of history.

“This could make an exciting project for a bespoke developer to create two substantial and characterful dwellings, and we expect a lot of interest and competitive bidding on the day.”

The Farmhouse is located off Otherton Lane, about half a mile south east of Otherton, and about 1.5 miles south east of Penkridge.

It is well-connected by road to nearby centres such as Wolverhampton, Stafford and Telford, with Junction 12 of the M6 motorway just 3.5 miles away, and train services are available from Penkridge railway station.

Mr Totney added: “This is a rare opportunity to acquire an large property with heaps of character that could provide two outstanding homes.”

The freehold property is one of 212 lots to be offered on Wednesday 28 October in what will be the fourth online auction held by Bond Wolfe Auctions since COVID-19 restrictions were introduced in March.

In 2020, Bond Wolfe Auctions has so far sold 685 lots raising £72.5 million.

The auction on  28 October is livestreamed via the website at www.bondwolfeauctions.com with remote bidding by proxy, telephone and internet only.

Anyone interested in the auctions or with properties for sale in future auctions should contact enquiries@bondwolfeauctions.com or call 0121 312 1212

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