BRADFORD Council has made over £1.8m from the sale of four properties at auction – with all four smashing their guide price.
One former care home that went under the hammer ended up selling for £1m – after being listed with a guide price of just £325,000.
The properties, which the Council had deemed surplus to requirements, were listed in an online auction by Pugh on Tuesday and Wednesday.
If all four had sold for the guide price it would have brought in £700,000 to the public purse.
Instead the properties sold for a total of £1,840,000.
Woodward Court on Kirklees Road in Allerton, a former short stay care home, was closed after the Council deemed it to be “no longer fit for purpose.” It is being replaced by a new facility in Saltaire.
The guide price for the 28-bedroom home was £325,000 – but the site sold for £1m.
The Willows, a former assisted living facility on Hall Road, had a guide price of £160,000. It sold for £352,000.
184 Highfield Road, Idle – a 1.1 acre plot of grazing land with on site stable and a dilapidated house had a guide price of £165,000.
It sold for £406,000.
22 Reginald Street, a terraced property described as being “in an extensive state of disrepair” had a guide price of £50,000, but sold for £82,000.
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