14 Cecil Street, Walsall, West Midlands, WS4 2BG

Description

Freehold two floor mid terrace house requiring updating. Full vacant possession.

Accommodation

First floor: Two bedrooms, bathroom/WC. Ground floor: Two reception rooms, kitchen. Outside: Rear garden.

Location

The property is situated on Cecil Street. Public transport links include Walsall Railway Station together with a network of local bus services serving the surrounding vicinity. Road links include the A34 and M6 Motorway (Junctions 7 & 10). Shopping amenities can be found locally within Walsall Town Centre, with an extensive range of shops, bars and restaurants being found in Birmingham City Centre. Recreational pursuits can be found locally at the open spaces of Walsall Arboretum.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £110,000 to £195,000, including £155,000 at 8 Cecil Street on 12 December 2025 and £195,000 at 62 Cecil Street on 22 November 2024. The comparables do not provide condition, floor area or specification, so a precise market value cannot be established. A base GDV estimate of £155,000 uses the latest supplied comparable, with low and high scenarios reflecting the supplied £110,000 and £195,000 sales evidence.

Investment Snapshot

Strategy Recommendation

Do not set a bid from GDV alone. Obtain a full inspection, contractor refurbishment quote, auction special conditions and rental evidence before considering a refurbishment-led resale or rental strategy.

Works Required

The property is described as requiring updating. Specific defects, scope of works and refurbishment costs are not supplied, so only general updating can be identified; no detailed works allowance is supportable.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV estimate, 75% of GDV is £116,250. A BRRR assessment cannot establish cash left in because refurbishment costs and the complete acquisition cost are unknown. The vacant possession and freehold tenure may support flexibility, but condition and refinancing assumptions require verification.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The £1,800 inclusive-of-VAT contract documentation fee is known, but refurbishment, financing, tax, insurance and other costs are not provided.

Flip Analysis

The supplied same-street sales indicate a broad £110,000–£195,000 resale evidence range, with £155,000 as the base GDV estimate. A flip surplus cannot be calculated because refurbishment costs, selling costs and any applicable seller special-condition fees are not supplied.

Investor Risks & Due Diligence

• The property requires updating, but the scope and cost of works are unknown.

• Comparable sales have no supplied information on condition, size or specification and show a wide £110,000–£195,000 range.

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

• The £1,800 documentation fee is payable, and additional seller fees may apply under the special conditions.

• Parking and heating details require confirmation.

• Financing, tax, insurance, selling and other transaction costs are not supplied.

Recommendation

Do not set a bid from GDV alone. Obtain a full inspection, contractor refurbishment quote, auction special conditions and rental evidence before considering a refurbishment-led resale or rental strategy.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and clear tenure, occupancy and guide-price data, but no condition detail, floor area, rental evidence, refurbishment cost, parking/heating information or complete fee schedule.