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

Marketed by:

Bond Wolfe

Bond Wolfe

75-77 Colmore Row, Birmingham, UK

0121 312 1212

Sold

Vacant 3-Bed Semi-Detached Freehold Property

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

Sold

£141,000+

• 3 Bedrooms


• Semi-detached property


• Freehold – Vacant possession upon completion.


• Vacant


• Driveway and garage


• See Legal Pack

Description


A vacant freehold semi detached property. A semi detached property standing back from the road behind a driveway and foregarden. 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


Tenure / Property Information


Tenure

Freehold – Vacant possession upon completion.

Occupancy

Vacant

EPC

See Legal Pack

Council Tax

Band B

Parking

Driveway and garage

Heating

Gas central heating


Investment Analysis


The only supplied sold comparables are dated 2001–2013 and range from £45,000 to £117,500, so they do not provide a reliable current GDV for this three-bedroom property. No current comparable sales, rental evidence or refurbishment budget is supplied. The £141,000 guide and £2,700 administration charge are known, but no supported valuation or maximum bid can be established.


Investment Snapshot


Guide Price

£141,000+


Strategy Recommendation


Do not bid on the current evidence alone. Obtain a survey, detailed refurbishment quotation, current local valuation, rental evidence and full legal-pack review before considering a purchase.


Works Required


Refurbishment is required, but the evidence does not identify specific defects or provide a scope of works. A survey and legal-pack review are required before costing works.


Rental & Market Context


No sufficiently specific external rental comparable identified.


Sold Comparables


The following completed sales were identified within approximately 5 miles:


144, Burnel Road, Birmingham, Birmingham, B29 5sr
2013-12-19 · Semi-Detached · Freehold

£45,000

118, Burnel Road, Birmingham, Birmingham, Birmingham, B29 5sr
2007-12-14 · Semi-Detached · Freehold

£117,500

112, Burnel Road, Birmingham, Birmingham, Birmingham, B29 5sr
2001-09-24 · Semi-Detached · Freehold

£60,000


Potential BRRR Position


A BRRR assessment cannot be completed without a supported post-refurbishment GDV, refurbishment budget and rent estimate. The known acquisition guide plus administration charge is £143,700 before works, taxes, finance and any additional legal-pack costs.


Buy-to-Let Analysis


BTL returns cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant and requires refurbishment, so letting condition and achievable rent remain unconfirmed.


Flip Analysis


A flip appraisal cannot be completed reliably. The supplied sold comparables are materially dated, no current GDV is supported, refurbishment costs are unknown and no selling-cost allowance is supplied.


Investor Risks & Due Diligence


• The property is stated to require refurbishment, but the extent and cost are unknown.


• The supplied sold comparables are dated between 2001 and 2013 and may not reflect current value.


• No sufficiently specific rental evidence is available, preventing yield analysis.


• Additional costs may be specified in the legal pack and are not supplied.


• EPC details are not supplied beyond being in the legal pack.


Recommendation


Do not bid on the current evidence alone. Obtain a survey, detailed refurbishment quotation, current local valuation, rental evidence and full legal-pack review before considering a purchase.


Strategy Rating


HB Rating

★★☆☆☆


Analysis Confidence


Confidence

Low


The property description and guide are supplied, but current market comparables, rental evidence, refurbishment scope and several purchase costs are unavailable.


Auction Details : 

Bond Wolfe

Auction Date : 

22/10/26

Lot Number : 

129

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

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

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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