14 Red Lion Street, Alvechurch

Description

A four bedroom mid terraced property standing back from the road behind a foregarden, which is within walking distance to all of Alvechurch's amenities as well as Alvechurch Train Station.

Accommodation

Ground Floor: Hall, Reception Room, Breakfast Kitchen, Cellar Access, Utility Room, Wet Room/ WC, Rear Lobby First Floor: Landing, Three Bedrooms, Bathroom/ WC Second Floor: Bedroom. Store Room Outside: Gardens

Location

Within walking distance to all of Alvechurch's amenities as well as Alvechurch Train Station.

Tenure / Property Information

Investment Analysis

The supplied sold evidence comprises older transactions on Red Lion Street: £180,000 and £275,000 in 2019, with earlier sales ranging from £155,000 to £495,000. The variation, age of evidence and absence of condition details prevent a reliable current GDV or market-value estimate. The £195,000+ guide is below the £275,000 2019 sale but above the £180,000 2019 sale; no direct adjustment can be supported.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain the legal pack, a full inspection, current valuation evidence, refurbishment quotations and rental evidence before considering owner-occupation, BTL or resale.

Works Required

No specific defects or refurbishment requirements are evidenced. The property has an EPC rating of E; any improvement works, together with the condition of the kitchen, bathrooms, heating, roof, cellar, structure and external areas, require inspection and survey evidence before budgeting.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified because current GDV, refurbishment cost, achievable rent and refinance assumptions are unsupported. The known acquisition guide is £195,000+ and the £2,700 administration charge is payable, but other costs and works remain unknown.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, and the known auction administration charge is £2,700 including VAT, with other possible special-condition costs unknown.

Flip Analysis

A flip appraisal cannot be established. Although historic local sales range from £180,000 to £275,000 for 2019 transactions, there is no current supported GDV, condition-based works budget, selling allowance or complete acquisition-cost schedule.

Investor Risks & Due Diligence

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

• The supplied sold comparables are historic and show substantial price variation.

• No condition survey or detailed refurbishment specification is provided.

• EPC rating is E, but the cost and scope of any improvement works are unknown.

• The £2,700 administration charge is known, but additional special-condition costs are not supplied.

• Buyer premium and other acquisition costs are not fully specified.

• Vacant possession is stated, but legal-pack terms and title matters have not been supplied.

Recommendation

Do not bid on the supplied evidence alone. Obtain the legal pack, a full inspection, current valuation evidence, refurbishment quotations and rental evidence before considering owner-occupation, BTL or resale.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, vacancy, accommodation, guide price and one known administration charge, but lacks current comparables, condition information, refurbishment costs, rental evidence, buyer premium and complete special-condition costs.