17 Mousesweet Close, Dudley

Description

A vacant three bed semi detached property in need of improvement. A vacant three bed semi detached property needing modernization.

Accommodation

Ground Floor: Hallway, Inner Hall, Living Room, Kitchen Diner, W/C. First Floor: Landing, Three Bedrooms, Cupboard Housing The Boiler, Bathroom. Outside: Pathway Leading To Side Door, Rear Garden, No Parking.

Location

Set within the popular village of Netherton, close to Bumble Hole & Warrens Nature Reserves, schools and a variety of levels, nearby commercial centers, and Rowley Regis Hospital.

Tenure / Property Information

Investment Analysis

Recent same-close sold evidence ranges from £199,950 to £210,000, with older sales at £220,000 and £140,500. The £210,000 May 2026 sale provides the strongest nearby evidence, so £210,000 is used as the base GDV. The property is described as needing improvement and modernization, but no quantified works scope or condition survey is supplied.

Investment Snapshot

Strategy Recommendation

Potential BTL or BRRR candidate at or near the guide, subject to survey, achievable rent confirmation, legal-pack review and a firm modernisation budget. Do not bid to an undefined maximum while works and additional costs remain unknown.

Works Required

Modernisation and improvement works are indicated by the description. The specific works, specification and cost cannot be established from the supplied evidence; a survey and contractor quotations are required.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £210,000 base GDV, 75% refinance is £157,500. This exceeds the £140,000 guide plus the known £2,700 administration charge before works and other costs, but the cash position cannot be calculated because refurbishment costs, legal-pack costs and finance assumptions are unavailable. Refinance value is not guaranteed.

Buy-to-Let Analysis

The supplied advertised asking rent is £1,125 pcm, equating to £13,500 annually and a 9.64% gross yield against the £140,000 guide price. The yield will be lower after the £2,700 administration charge and any improvement, finance, maintenance, tax and other costs. The rent is advertised rather than achieved, and no completed-cost yield can be established without a works budget.

Flip Analysis

The base GDV is supported by same-close sales, but a flip surplus cannot be calculated because no refurbishment budget, selling allowance, finance cost or other project costs are supplied. The property is explicitly described as needing improvement and modernization.

Investor Risks & Due Diligence

• The property is vacant and described as needing improvement and modernization, but the extent and cost of works are unknown.

• The £1,125 pcm figure is an advertised asking rent rather than an achieved rent.

• No parking is stated.

• The EPC is only referenced as being in the legal pack and its rating is unavailable.

• Additional legal-pack costs may apply, and stamp duty or government taxes are excluded from the stated administration charge.

• The guide is £140,000+, so the eventual purchase price is uncertain.

Recommendation

Potential BTL or BRRR candidate at or near the guide, subject to survey, achievable rent confirmation, legal-pack review and a firm modernisation budget. Do not bid to an undefined maximum while works and additional costs remain unknown.

Strategy Rating

Analysis Confidence

There is good same-close sold evidence, a guide price, one rental listing and a stated administration charge. However, the works scope, EPC, legal-pack costs, achieved rent, finance costs and selling costs are not supplied.