209 Grange Road, Kings Heath, Birmingham, B14 7RS

Description

A vacant freehold end terraced property. An end terraced property, standing back from the road behind a foregarden. The property benefits from having double glazing, however it is in need of refurbishment.

Accommodation

Ground Floor: Porch, Hall, Understairs Cupboard, Two Reception Rooms, Rear Lobby, Kitchen. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens.

Location

The property occupies a prominent position on Grange Road in Kings Heath, an established and popular south Birmingham suburb. The surrounding area offers a strong mix of residential and local commercial uses, with Kings Heath High Street providing a wide range of shops, cafés, restaurants and everyday amenities. The property also benefits from proximity to the new Kings Heath railway station, forming part of the reopened Camp Hill passenger rail route and improving connectivity to Birmingham city centre. Nearby Kings Heath Park provides extensive green space, while the A435 and A4040 offer convenient road connections across Birmingham and the wider West Midlands.

Tenure / Property Information

Investment Analysis

The evidence confirms a prior sale of this exact property at £39,000 on 20 December 2024, broadly consistent with the current £40,000+ guide, but this is not a renovated market value. Nearby same-road sales range from £140,000 to £360,000 and vary materially, with no sufficiently specific evidence establishing a reliable post-refurbishment GDV. No formal valuation, detailed condition survey, floor area or refurbishment specification is supplied.

Investment Snapshot

Strategy Recommendation

Do not commit to a BTL, BRRR or flip strategy on the supplied evidence alone. Obtain the legal pack, inspection, refurbishment quotations, rental appraisal and stronger comparable evidence before bidding.

Works Required

General refurbishment is indicated by the description, but the supplied evidence does not identify specific defects or provide a costed scope. The EPC is G; any improvement works should be established through inspection and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified. The guide is £40,000+ and the known administration charge is £2,700 including VAT, but refurbishment costs, achievable rent and post-works value are unsupported. The prior £39,000 sale is not evidence of refinance value.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant and requires refurbishment, while the EPC is G. A rental appraisal and full costed works schedule are required before assessing yield.

Flip Analysis

A flip assessment cannot be quantified reliably. Same-road sales provide a wide £140,000–£360,000 range and are not sufficiently specified as renovated comparables. Refurbishment costs, selling costs and a supported GDV are unavailable.

Investor Risks & Due Diligence

• The property is described as requiring refurbishment, but the extent and cost of works are unknown.

• EPC rating G may require improvement works and could affect lettability or operating costs.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• Comparable sales on the road vary widely and do not establish a reliable post-refurbishment value.

• The £40,000 guide is stated as £40,000+ and the final purchase price is unknown.

• Additional costs may appear in the legal pack; stamp duty and government taxes are excluded.

• Only the £2,700 administration charge is supplied; other acquisition, finance and disposal costs are unknown.

Recommendation

Do not commit to a BTL, BRRR or flip strategy on the supplied evidence alone. Obtain the legal pack, inspection, refurbishment quotations, rental appraisal and stronger comparable evidence before bidding.

Strategy Rating

Analysis Confidence

The exact-property sale and guide are available, but there is no reliable GDV, rent, refurbishment budget, floor area, detailed condition evidence or complete cost schedule.