14 Bennetts Hill, Dudley, DY2 7EN

Description

A vacant freehold semi detached property.

Accommodation

Ground Floor: Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Shower Room/WC. Outside: Garden.

Location

Standing back from the road behind a foregarden.

Tenure / Property Information

Investment Analysis

Same-street HM Land Registry evidence comprises semi-detached freehold sales from £112,000 to £126,000 between 2018 and 2021. A base GDV of £120,000 is a reasonable evidence-led midpoint, with £112,000 low and £126,000 high scenarios. The evidence is dated and does not confirm the subject property's condition relative to the comparables.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let or BRRR opportunity if the property is confirmed lettable and works are modest; obtain a viewing, legal-pack review, rent validation and contractor budget before bidding.

Works Required

Condition evidence is limited. Allow for inspection and quotation of any required works, review of the EPC E rating and confirmation that the gas central heating, kitchen, shower room, accommodation and garden are serviceable. No refurbishment budget is estimated without further evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £75,000 guide, the known purchase price plus the £2,700 administration charge is £77,700 before any unknown works, taxes or legal-pack costs. A 75% refinance against the £120,000 base GDV would be £90,000, but cash retained or released cannot be assessed because refurbishment and total acquisition costs are unsupported.

Buy-to-Let Analysis

Using the two advertised asking rents, gross rent is indicated at £796–£1,200 pcm, equivalent to approximately 12.74%–19.20% gross yield against the £75,000 guide price before the £2,700 administration charge, tax, finance, maintenance, voids and any works. These are asking rents rather than achieved rents, and no reliable single rent or all-in yield can be established.

Flip Analysis

The supported GDV range is £112,000–£126,000, but no condition-based works allowance or selling-cost allowance is available. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• Condition and refurbishment requirements are not evidenced beyond the EPC E rating and basic description.

• The comparable sales are from 2018–2021 and may not represent current market value.

• Rental figures are advertised asking rents, not achieved or passing rents.

• Additional legal-pack costs, taxes and purchase expenses are unknown.

• A vacant property may require confirmation that heating, services and accommodation are operational.

Recommendation

Potential buy-to-let or BRRR opportunity if the property is confirmed lettable and works are modest; obtain a viewing, legal-pack review, rent validation and contractor budget before bidding.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide, administration charge, same-street sold comparables and two advertised rents are supplied, but the sales evidence is dated and condition, works, additional costs and achieved rent are not established.