139 Somerfield Road, Walsall, WS3 2EN

Description

A vacant freehold mid terraced property. A mid terraced property which stands back from the road behind a driveway and foregarden. The property benefits from having gas fired central heating and double glazing however, it is in need of modernisation.

Accommodation

Ground Floor: Hall, Reception Room, Kitchen, Rear Lobby, Store. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway and Gardens.

Location

Walsall

Tenure / Property Information

Investment Analysis

Recent same-street terraced comparables sold for £170,000 in October 2025 and £205,000 in April 2026. Earlier sales were £140,000–£151,000 in 2020–2021, but are less current. Because the comparables' condition, size and specification are not provided, an indicative evidence-based range of £170,000–£205,000 is used, with a midpoint base GDV of £187,500. This is not a formal valuation and the property's stated need for modernisation may place it below fully comparable renovated stock.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the legal pack, inspecting the property and obtaining a priced modernisation schedule. Do not bid on a BTL or flip basis until rent, works and total costs are evidenced.

Works Required

Modernisation is required, but the evidence does not identify specific defects or provide a works schedule. Obtain a full inspection and contractor quotations before bidding; no refurbishment allowance can be responsibly quantified from the supplied data.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £118,000 guide, the £2,700 administration charge is known, but refurbishment cost and other completion costs are not. A 75% refinance against the indicative £187,500 base GDV would be £140,625; however, cash left in cannot be calculated until works and total acquisition costs are known. The strategy requires an inspection, legal-pack review and firm refurbishment quotations.

Buy-to-Let Analysis

BTL viability cannot be established because no relevant Walsall rental evidence or auctioneer rent estimate is supplied. The two rental examples provided relate to CB4 3 and Rushden and are not reliable evidence for this property. Modernisation costs and any finance, tax, insurance and operating costs are also unquantified.

Flip Analysis

The indicative base GDV is £187,500, with an evidence-supported range of £170,000–£205,000. A flip surplus cannot be calculated because refurbishment costs, selling costs and any additional legal-pack costs are not supplied. The apparent margin over the guide should not be treated as profit.

Investor Risks & Due Diligence

• The property is stated to need modernisation, but the scope and cost of works are unknown.

• The comparable sales do not include condition, floor area, bedroom confirmation or specification details.

• No relevant local rental evidence or auctioneer rent estimate is supplied, so rental yield cannot be established.

• Additional legal-pack costs may be payable and are not disclosed in the supplied evidence.

• Stamp duty and government taxes are excluded from the supplied auction costs.

Recommendation

Proceed only after confirming the legal pack, inspecting the property and obtaining a priced modernisation schedule. Do not bid on a BTL or flip basis until rent, works and total costs are evidenced.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide price, administration charge and several same-street completed sales are supplied. However, comparable condition and specifications, refurbishment costs, relevant rent, selling costs and additional legal-pack costs are unavailable.