1146 Pershore Road, Stirchley, Birmingham, B30 2YG

Description

A vacant freehold end terraced property standing flush to the pavement.

Accommodation

Ground Floor: Hall, Through Reception Room with Dining Area, Kitchen, Utility Room. First Floor: Landing, Two Bedrooms, Bathroom/WC with Shower. Outside: Rear Garden.

Location

Stirchley, Birmingham

Tenure / Property Information

Investment Analysis

The five supplied Land Registry comparables on Pershore Road sold from £115,000 to £221,000 between July 2023 and December 2024. They confirm a broad local price range for terraced freehold property, but no comparable bedroom count, floor area, condition or specification is supplied. The significant spread means a reliable subject-specific GDV cannot be established from the evidence alone. The £40,000+ guide is materially below the comparable sale prices, but the reason for that discount is not evidenced.

Investment Snapshot

Strategy Recommendation

Proceed only after legal-pack review, physical inspection and independent rental and valuation evidence. On the supplied evidence alone, do not underwrite a BTL, BRRR or flip purchase at a calculated maximum bid.

Works Required

No specific defects or required works are evidenced. Obtain a full inspection and assess the kitchen, bathroom, heating, fabric, electrical installation, external areas and EPC-related requirements before bidding. Any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably without a supported GDV, refurbishment budget or rent. The supplied sales range indicates potential value upside relative to the guide, but the comparables are not sufficiently detailed to select a defensible refinance value. Finance, tax, legal, survey and any special-condition costs are also not supplied.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, freehold and has two bedrooms, but rent, condition, total acquisition cost and operating costs remain unverified. The known £2,700 administration charge would be payable in addition to the purchase price.

Flip Analysis

A flip appraisal is not supportable from the evidence. Although the guide is £40,000+ and supplied local sales range from £115,000 to £221,000, there is no subject floor area, condition, refurbishment budget, selling-cost allowance or directly comparable specification. The £2,700 administration charge must also be included in any eventual project budget.

Investor Risks & Due Diligence

• Unknown condition and refurbishment requirement for the vacant property.

• EPC rating E may require investigation of energy-efficiency implications.

• No sufficiently specific rental evidence is available, so rental income and yield are unverified.

• Comparable sale prices vary substantially from £115,000 to £221,000 and lack bedroom, size and condition details.

• The £2,700 administration charge is payable in addition to the purchase price.

• Additional special-condition costs may apply but are not supplied.

• Stamp duty, government taxes, finance, legal, survey and selling costs are not supplied.

Recommendation

Proceed only after legal-pack review, physical inspection and independent rental and valuation evidence. On the supplied evidence alone, do not underwrite a BTL, BRRR or flip purchase at a calculated maximum bid.

Strategy Rating

Analysis Confidence

The address, tenure, occupancy, accommodation, guide and administration charge are supplied, but there is no reliable rent evidence, refurbishment cost, floor area, condition assessment, detailed comparable specification or GDV evidence for this subject property.