19 Shepherds Brook Road, Stourbridge

Description

A semi detached property, standing back from the road behind a driveway and foregarden, benefiting from a garage

Accommodation

Ground Floor: Hall, Two Reception Rooms, Kitchen, Utility Room. First Floor: Landing, Three Bedrooms, Bathroom, WC. Outside: Driveway, Garage and Gardens.

Tenure / Property Information

Investment Analysis

The five supplied Land Registry comparables are freehold semi-detached properties on Shepherds Brook Road, with completed prices from £142,000 to £172,500. The two most recent sales were £157,500 and £160,000. A base GDV of £160,000 is therefore a reasonable evidence-supported estimate, with a low scenario of £157,500 and a high scenario of £172,500. The comparables do not provide sufficient detail to adjust for condition, floor area, specification or garage/garden differences.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection, legal-pack review and independent rental evidence. The guide appears materially below the supplied comparable sale range, but the unknown condition and additional costs prevent a firm bid recommendation.

Works Required

No specific defects or refurbishment requirements are evidenced. A physical inspection and review of the legal pack are required before allowing for works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £160,000 base GDV, a 75% refinance is £120,000. However, refurbishment costs, finance costs, additional legal-pack costs and achievable rent are unknown, so total project cost, cash left in and BRRR viability cannot be calculated reliably.

Buy-to-Let Analysis

The property is vacant and has three bedrooms, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent and gross yield cannot therefore be established. At the £75,000 guide, the stated administration charge would bring the known purchase cost to £77,700 before works and any further costs.

Flip Analysis

The supplied comparable evidence supports a potential resale value around £160,000, but refurbishment requirements, transaction costs and selling costs are not evidenced. A reliable flip surplus and maximum purchase price cannot therefore be calculated.

Investor Risks & Due Diligence

• Property condition and any required refurbishment are not evidenced.

• No sufficiently specific rental evidence is available, so BTL yield cannot be assessed.

• Additional costs may be payable under the special conditions and are not supplied.

• The £75,000 figure is a guide price rather than a confirmed purchase price.

• The comparable sales may differ from this property in condition, size or specification.

Recommendation

Proceed only after inspection, legal-pack review and independent rental evidence. The guide appears materially below the supplied comparable sale range, but the unknown condition and additional costs prevent a firm bid recommendation.

Strategy Rating

Analysis Confidence

There is useful same-road completed-sale evidence and a clear property description, but no condition report, rental evidence, floor-area comparison, refurbishment budget or full special-condition costs.