120 Burnel Road, Selly Oak, Birmingham, B29 5SR

Description

A vacant freehold semi detached property. The property benefits from gas central heating and double glazing, however is in need of refurbishment.

Accommodation

Ground Floor: Hall, Two Reception Rooms, Understairs Cupboard, Dining Kitchen, WC. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway, Garage and Gardens.

Location

Selly Oak, Birmingham. The property stands back from the road behind a driveway and foregarden.

Tenure / Property Information

Investment Analysis

The £141,000+ guide is not independently validated by the supplied evidence. The three Land Registry comparables are historic sales from 2001, 2007 and 2013, with materially different prices and no current market evidence. They are therefore insufficient to support a current GDV or maximum bid. The property is vacant and explicitly requires refurbishment, but the scope and cost are unknown. The £2,700 buyer administration charge is known; other special-condition costs, taxes and EPC details require legal-pack review.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. First obtain the legal pack, inspect the property, establish a refurbishment budget, obtain current Selly Oak sales and rental evidence, and verify all special-condition costs. Reassess BTL, BRRR or flip only after those inputs are available.

Works Required

Refurbishment is required, but the supplied description does not identify specific defects or provide a specification. Obtain a full inspection and price only evidenced works; review the gas central heating, double glazing, kitchen, bathroom, WC, finishes and external areas as part of the survey, without assuming replacement is required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be quantified because current GDV, refurbishment cost, achievable rent and refinance valuation evidence are unavailable. The known guide price and £2,700 administration charge are insufficient to assess refinance proceeds or retained cash.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross yield, operating return and a supported purchase price cannot be calculated. The property is vacant, so there is no passing rent.

Flip Analysis

A flip appraisal cannot be completed because there is no current GDV, refurbishment budget, resale-cost allowance or current comparable evidence. The historic comparables do not provide a reliable current resale benchmark.

Investor Risks & Due Diligence

• Refurbishment is required but its scope and cost are unspecified.

• No sufficiently specific rental evidence or passing rent is available.

• The supplied sold comparables are historic, spanning 2001 to 2013, and do not support a current GDV.

• Additional legal-pack costs, taxes and special-condition obligations are unknown.

• EPC details are unavailable beyond reference to the legal pack.

• Vacant possession means there is no existing rental income.

Recommendation

Do not bid on the supplied evidence alone. First obtain the legal pack, inspect the property, establish a refurbishment budget, obtain current Selly Oak sales and rental evidence, and verify all special-condition costs. Reassess BTL, BRRR or flip only after those inputs are available.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy, guide price and administration charge are provided, but current valuation evidence, rental evidence, refurbishment cost, EPC details and complete auction costs are missing. The available sold comparables are historic and inconsistent.