2 Oaklands Road, Sutton Coldfield, Birmingham, B74 2TB

Description

A detached property with five bedrooms, four reception rooms and four bathrooms, standing back from the driveway behind a driveway and foregarden.

Accommodation

Ground Floor: Hallway, Drawing Room, Family Room, Sitting Room, Dining Room, Kitchen, Breakfast Room, Conservatory. First Floor: Large Landing, Large Landing with W/C, Bed One (With En Suite), Bed Two (With En Suite), Bed Three With Shower Room, Bedroom 4, Bedroom 5. Outside: Side And Rear Garden, Large Driveway, Double Garage.

Location

Oaklands Road is in Sutton Coldfield and is within walking distance of Four Oaks Railway Station, which has a direct service into Birmingham City Centre and Lichfield. Sutton Coldfield Town Centre has excellent amenities, shops, restaurants, and quick access to the expansive Sutton Park, one of Europe’s largest urban green spaces. In addition, the area is well served by local schools, access to the M6 and M42, and recreational and leisure facilities.

Tenure / Property Information

Investment Analysis

The guide of £695,000 is below the supplied same-road completed-sale range of £700,000–£950,000. The two most recent comparables sold for £876,000 in October 2024 and £820,000 in June 2024. A base GDV of £876,000 is used, with a low scenario of £820,000 and high scenario of £950,000. These are evidence-based estimates, not formal valuations, and differences in size, condition and specification are not evidenced.

Investment Snapshot

Strategy Recommendation

Potential owner-occupier or value-led purchase subject to inspection, EPC review, legal-pack review and confirmation of the achievable market value. Do not underwrite BTL or a flip until property-specific rent, condition and all costs are established.

Works Required

No specific repair or refurbishment works are evidenced. The property has an EPC rating of E; the EPC recommendations and legal pack should be reviewed before budgeting any works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV, 75% refinance would be approximately £657,000. BRRR cash requirements and cash left in cannot be calculated because refurbishment costs, total acquisition costs, finance costs and any refinance valuation are unsupported. The £2,700 administration charge is known, while further special-condition costs remain unknown.

Buy-to-Let Analysis

BTL returns cannot be reliably established. The only rental evidence is an advertised Sutton Coldfield average/listing figure of £2,145 pcm across 86 properties, rather than a rent specific to this five-bedroom house. The property is vacant, so no passing rent is evidenced. Council Tax Band G and the EPC E rating are additional operating considerations.

Flip Analysis

The guide is £181,000 below the base GDV estimate before allowing for works, acquisition taxes/costs, finance, selling costs and any price adjustment. No specific works budget or supported selling allowance is available, so a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• The property is being sold with an EPC rating of E, but the cost of any required or desirable improvements is not evidenced.

• The available £2,145 pcm rental figure is an advertised area-wide figure across 86 properties and is not property-specific.

• Additional costs may be listed in the legal pack and are currently unknown; stamp duty and government taxes are excluded from the stated auction charges.

• The guide price is not a formal valuation and the supplied comparables may differ in size, condition and specification.

• The property is vacant, so there is no evidenced passing rent or established tenant history.

Recommendation

Potential owner-occupier or value-led purchase subject to inspection, EPC review, legal-pack review and confirmation of the achievable market value. Do not underwrite BTL or a flip until property-specific rent, condition and all costs are established.

Strategy Rating

Analysis Confidence

There are multiple same-road Land Registry comparables and clear property details, but no condition survey, detailed EPC recommendations, property-specific rental evidence, refurbishment budget or complete auction cost schedule.