15 Wilton Avenue, Kidderminster, Worcestershire

Description

A vacant freehold semi detached property standing back from the road behind a driveway and foregarden. The property benefits from having a gas central heating system and double glazing, however is in need of modernisation.

Accommodation

Ground Floor: Entrance Hall, Reception Room, Kitchen with Dining Area. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Outside WC, Stores, Driveway, Front and Rear Gardens.

Location

The property is in Kidderminster, Worcestershire, and stands back from the road behind a driveway and foregarden.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of 15 Wilton Avenue at £119,000 on 27 March 2026. A nearby semi-detached comparable, 38 Wilton Avenue, sold for £168,000 in July 2024. The subject is described as requiring modernisation, but no condition detail or refurbishment budget is supplied. An evidence-based indicative GDV range is therefore £119,000–£168,000, with a midpoint base GDV of £143,500; this is an estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection and legal-pack review. The low guide and vacant possession make refurbishment-led resale or BRRR potentially attractive, but the unknown modernisation cost and additional fees prevent a dependable bid calculation.

Works Required

Modernisation is required, but the evidence does not specify the works. The scope, specification and cost should be established by inspection before bidding; no unsupported individual works are assumed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The low guide price creates potential BRRR headroom against the indicative £143,500 base GDV, with a calculated 75% GDV refinance figure of £107,625. However, the required refurbishment budget, purchase costs, finance costs and legal-pack fees are not supplied, so cash required and cash left in cannot be calculated reliably.

Buy-to-Let Analysis

Advertised rental evidence is £1,100–£1,450 pcm, equivalent to £13,200–£17,400 annually, but these are asking rents rather than achieved rents. A reliable BTL yield cannot be established because refurbishment costs, total acquisition costs and any additional special-condition fees are unknown. The £25,000 guide alone would imply an unusually high gross yield, but it is not a complete investment cost.

Flip Analysis

The completed-sale evidence indicates a possible resale range of £119,000–£168,000, with a base GDV of £143,500. Flip profitability cannot be quantified because refurbishment costs, acquisition costs, selling costs and any additional auction fees are unknown. The same-property sale at £119,000 is the most relevant completed-sale evidence and should be treated cautiously given the stated need for modernisation.

Investor Risks & Due Diligence

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

• The most relevant same-property completed sale was £119,000, materially below the £168,000 nearby comparable.

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

• The £2,700 administration charge applies, while other special-condition costs are unknown.

• Stamp duty, government taxes, finance costs and selling costs are not supplied.

• Vacant possession is stated, but the property remains subject to auction legal-pack terms.

Recommendation

Proceed only subject to inspection and legal-pack review. The low guide and vacant possession make refurbishment-led resale or BRRR potentially attractive, but the unknown modernisation cost and additional fees prevent a dependable bid calculation.

Strategy Rating

Analysis Confidence

There is strong property-specific and nearby completed-sale evidence plus rental asking evidence, but the refurbishment scope, achieved rent, total fees and legal-pack costs are incomplete.