157 Shenstone Road, Edgbaston, Birmingham, West Midlands B16 0PF

Description

Investment opportunity within the extremely sought after area of Edgbaston, one of Birmingham's most desirable residential locations. The property is being offered for sale with tenants currently in situ, providing an immediate rental income of £9,600 per annum. Offering a gross yield of over 10% making it an attractive proposition for buy-to-let investors, seeking a ready-made addition to their portfolio.

Accommodation

Living Room; Kitchen; Bedroom; Bathroom

Location

Positioned within easy reach of Birmingham City Centre, the property benefits from excellent transport connections and convenient access to a wide range of local amenities, including shops, restaurants, leisure facilities and highly regarded educational establishments. Edgbaston continues to be one of Birmingham's most sought-after areas, attracting strong occupier demand due to its proximity to the University of Birmingham, Queen Elizabeth Hospital and the city's extensive business districts.

Tenure / Property Information

Investment Analysis

The closest evidence is a same-road leasehold flat sale at £89,995. Other same-road flat/maisonette sales range from £63,000 to £129,000, with higher sales of £150,000 and £175,000 but differing tenure and no size or specification details. A cautious base GDV of £90,000 is used, with a broad evidence-based scenario range of £63,000–£129,000. This is not a formal valuation and is subject to confirmation of the subject flat’s lease, size, condition and legal position.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let acquisition only, subject to verifying the tenancy, rent payments, lease length, ground rent, service charge, legal pack and all special-condition fees. Do not bid on yield alone without confirming total costs.

Works Required

No refurbishment works are specified. Budgeting should await inspection, tenancy information and the legal pack; ground rent, service charge and review provisions require confirmation.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the cautious £90,000 base GDV, 75% refinancing would indicate approximately £67,500 gross borrowing. Cash left in cannot be calculated because refurbishment costs, further purchase costs and any special-condition fees are unknown. The strategy also depends on lease terms, lender valuation and verified tenancy income.

Buy-to-Let Analysis

At the £90,000 guide, the stated £9,600 annual rental income equates to approximately £800 pcm and a 10.67% gross yield before purchase costs, operating costs, finance and tax. The £6,000 minimum buyer premium applies because 4.8% of the guide is below the minimum. Net yield cannot be established because service charge, ground rent, management, maintenance, insurance and tenancy terms are not supplied.

Flip Analysis

A flip assessment is not reliable because no condition, refurbishment budget, selling costs or sufficiently detailed comparable evidence is provided. The property is tenanted, which may also affect possession and resale timing.

Investor Risks & Due Diligence

• Tenure and lease details are not supplied.

• Ground rent and service charge amounts and review periods require confirmation from the lease.

• The stated £9,600 annual income is not supported by tenancy documents or external rental comparables.

• Additional fees may appear in the Special Conditions of Sale.

• Property condition and any required works are unknown.

• Comparable sales vary substantially and may not be directly comparable in size, tenure or specification.

• Net yield cannot be calculated without operating costs and tenancy terms.

Recommendation

Potential buy-to-let acquisition only, subject to verifying the tenancy, rent payments, lease length, ground rent, service charge, legal pack and all special-condition fees. Do not bid on yield alone without confirming total costs.

Strategy Rating

Analysis Confidence

The stated rent and buyer premium are available, but tenure, lease terms, property condition, service charges, tenancy documentation, EPC, size and additional fees are absent. Comparable prices vary materially and lack specification details.