1, Orchard Close, SUTTON COLDFIELD, West Midlands

Description

Located in a popular and well-established residential area, this two bedroom, detached bungalow offers fantastic potential for improvement, giving scope to increase the value. The accommodation is spacious throughout and comprises; a porch, entrance hall, kitchen, living room, dining room, conservatory, two bedrooms and a shower room. The property also has the benefit of a driveway, garage, a lawned frontage and garden to the rear. Offered for sale with the benefit of vacant possession. Curdworth is a village which is conveniently located for access to road links (M42, M6 & M6 toll) and into Birmingham city centre which is approximately 9 miles away. The village has the benefit of a number of local amenities, including a post office, schools, restaurants and a Church. A wonderful opportunity to acquire a spacious bungalow located in a highly sought after location.

Accommodation

Ground Floor: a porch, entrance hall, kitchen, living room, dining room, conservatory, two bedrooms and a shower room. External: driveway, garage, a lawned frontage and garden to the rear.

Location

Located in a popular and well-established residential area. Curdworth is a village with access to the M42, M6 and M6 toll and Birmingham city centre, approximately 9 miles away. Local amenities include a post office, schools, restaurants and a Church.

Tenure / Property Information

Investment Analysis

The £250,000 guide is the only available price evidence. No completed comparable sales, external rental comparables, auctioneer rent estimate or supported GDV evidence has been supplied. Market value, resale value and investment returns therefore cannot be reliably established from the evidence provided.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain the legal pack, inspect the property, confirm condition and special-condition fees, and source local completed sales and rental evidence before considering owner-occupier or investment purchase.

Works Required

Inspect the vacant bungalow and undertake only works identified by the inspection, with potential improvement noted in the particulars. The supplied evidence does not specify defects, required upgrades or refurbishment costs.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable without a reliable GDV, rental figure and refurbishment budget. Vacant possession may assist access for inspection and works, but the evidence does not establish that refinancing at a viable value would be available.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate has been provided. The £1,800 inclusive-of-VAT contract documentation fee is known, while refurbishment, finance, operating and any seller-charged completion costs are unknown.

Flip Analysis

A flip appraisal cannot be completed because there are no completed comparable sales, supported GDV or refurbishment allowance. Any resale calculation would be speculative; additional seller-charged completion fees may also apply under the special conditions.

Investor Risks & Due Diligence

• No completed comparable sales or supported GDV has been provided.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• Property condition and any required works are not specified despite stated potential for improvement.

• The £1,800 contract documentation fee is payable, and additional seller-charged completion fees may apply under the special conditions.

• Heating details require confirmation from the auction centre.

• Vacant property condition and legal-pack matters require verification before bidding.

Recommendation

Do not bid on the supplied evidence alone. Obtain the legal pack, inspect the property, confirm condition and special-condition fees, and source local completed sales and rental evidence before considering owner-occupier or investment purchase.

Strategy Rating

Analysis Confidence

Only the guide price, description, EPC floor area, tenure, occupancy and known £1,800 documentation fee are supplied; there are no comparable sales, rental evidence, GDV, works budget or full completion-cost details.