Millions of pounds for City Council in property sales, but still no buyer for Pype Hayes Hall

Pype Hayes Hall has once again failed to find anyone to buy it at auction.
The 16th century mansion was listed at £350k in the Bigwood guide book for the auction at Villa Park’s Holte Suite today, but the auctioneer had to drop the price down to £200k before anyone showed any interest. One further bidder chipped in with an offer of £225k but that was it. The auctioneer revealed that he would sell the price property for £250k on behalf of Birmingham Council. But despite his pleadings, no further bidder raised a hand.
Pype Hayes Hall was then withdrawn from the auction, for the second time in less than four months. In the September auction, the bidding went up to £385k but failed to reach the Council’s asking price of £400k.
Nine of the council’s eleven properties listed in the auction today were sold.
In total, the Council has banked £2,242,000 from today’s sales.
A former care home at 889 Chester Road fetched £250k, but the adjoining houses at 893-5 Chester Road that also used to be a care home failed to reach the asking price of £330k and were withdrawn. The highest bid fell just short at £320k.
A former nursery in Sparkbrook was sold for £270k.
Highest price of the day fell to Aston Council House, a late 19th century listed building on Albert Road that used to be a library and council offices. It fetched £425k.
The first lot of the day, a council property that used to be a shop in Stirchley, and was too derelict to allow viewings prior to the sale, was listed at between £5k and £15k.
It sold for £60k.


One response to “Millions of pounds for City Council in property sales, but still no buyer for Pype Hayes Hall

  1. Perhaps it is time the council considered using the hall. It obviously is not wanted by local business, but using it for the community would benefit many. A house of that size should fetch at least a million, but if left for too long, it will fall into ruin and another of Birmingham’s historic houses will be lost. The 20th century saw the destruction of the 14th century Wood End Hall, and Erdington Hall, and the 21st has seen the end of Shepherd’s Green House, and the threat to Rookery House. Such historic buildings should not be allowed to disappear, because when gone, they are gone forever.