237 Bosty Lane, Aldridge, Walsall, West Midlands WS9 0JU

Description

Situated in a delightful location with open aspect to front, this traditional semi detached property is set back from the road behind a deep foregarden with ample off street parking, whilst to the rear is an extensive garden. In need of some modernisationm, the property is located within a short distance of Aldridge Village centre, where all amenities are provided and is also within walking distance or local schools. The property offers an ideal opportunity for an investor or home owner.

Accommodation

Ground Floor: Front door leads to reception hall with stairs to first floor off and door into lounge (4m x 3.6m), kitchen (3.6m x 1.8m) with access into dining room (3.6m x 3m) and utility room (1.7m x 1.5m) with door to outside to lobby (2.5m x 1.5m). First Floor: Landing providing access to bedroom one (front, 3.7m x 3m), bedroom two (rear, 3.6m x 3.2m), bedroom three (front, 1.7m x 2.6m), and bathroom. Outside: Foregarden with off street parking and deep enclosed rear garden.

Location

Situated within a short distance of Aldridge Village centre, where all amenities are provided, and within walking distance of local schools. Open aspect to front.

Tenure / Property Information

• Tenure: Freehold
• EPC: Current Rating E
• Parking: Ample off street parking.
• Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

HM Land Registry comparables on the same road range from £280,000 to £298,000 for freehold semi-detached houses. The most recent evidence is £280,000 at 217 Bosty Lane on 29 May 2026 and £285,000 at 235 Bosty Lane on 3 October 2025. A base GDV of £285,000 is supported, with a cautious evidence range of £280,000–£298,000. The subject requires some modernisation, but the comparables' condition and accommodation are not provided.

Investment Snapshot

Guide / Starting Bid: £140,000 (plus fees)

HB Base GDV: £285,000

Monthly Rent: £1,130 – £1,138 pcm

Annual Income: £13,608

Gross Yield on Guide: 9.7%

75% Refinance on Base GDV: £213,750

Market Comparables

Recent HM Land Registry sold evidence

• 1. 217, BOSTY LANE, WALSALL, WALSALL, WS9 0JU — £280,000 — 2026-05-29 — Semi-Detached — Freehold
• 2. 235, BOSTY LANE, WALSALL, WALSALL, WS9 0JU — £285,000 — 2025-10-03 — Semi-Detached — Freehold
• 3. 197, BOSTY LANE, WALSALL, WALSALL, WS9 0JU — £298,000 — 2025-02-18 — Semi-Detached — Freehold
• 4. 217, BOSTY LANE, WALSALL, WALSALL, WS9 0JU — £256,000 — 2022-07-29 — Semi-Detached — Freehold
• 5. 219, BOSTY LANE, WALSALL, WALSALL, WS9 0JU — £229,950 — 2019-09-26 — Semi-Detached — Freehold

Proposed Works

General modernisation as required by the property's condition, subject to inspection and survey. No specific defects, installations or refurbishment scope are evidenced, so a reliable works budget cannot be established.

Rental Value

• 1. 3 Bedroom houses to rent in Aldridge, WS9, West Midlands — 3 bed — £1,130 pcm — Advertised asking rent
• 2. 3 Bedroom houses to rent in Walsall, West Midlands — 3 bed — £1,138 pcm — Advertised asking rent

HB Estimated Rent: £1,130 – £1,138 pcm

Low / Base / High Investment Scenario

LOW SCENARIO
HB GDV: £280,000

BASE SCENARIO
HB GDV: £285,000

HIGH SCENARIO
HB GDV: £298,000

BTL Analysis

Monthly / Annual Rent: £1,130 – £1,138 pcm / £13,608 pa

Gross Yield on Guide: 9.7%

Advertised asking rents for comparable three-bedroom houses are £1,130–£1,138 pcm, implying £13,560–£13,656 annual gross rent. At the £140,000 guide, the gross yield is approximately 9.69%–9.75%, before refurbishment, finance, operating costs, voids and tax. The rents are asking rents rather than achieved rents, and the property's modernisation requirement may affect achievable rent.

BRRR Analysis

Guide Price: £140,000 (plus fees)

Base GDV: £285,000

75% Refinance: £213,750

Using a £285,000 base GDV, 75% refinance would be approximately £213,750. However, the refurbishment cost is unsupported and therefore total project cost, required equity and cash left in cannot be reliably calculated. The strategy depends on buying at an appropriate price and confirming condition, valuation and refinance terms.

Flip Analysis

Guide Price: £140,000 (plus fees)

Base GDV: £285,000

The supplied comparables support a potential resale value around £280,000–£298,000, with £285,000 used as the base GDV. A flip surplus cannot be calculated because the refurbishment cost, selling costs and final purchase price are not sufficiently evidenced.

Strategy Recommendation

Potential value-add BTL or BRRR opportunity, subject to a full survey, detailed refurbishment quotation and confirmation that the eventual purchase price remains well below the supported GDV. Do not rely on the headline yield alone.

Strategy Rating

★★★☆☆

Key Risks

• The property is stated to need modernisation, but the extent and cost of works are unknown.
• The rental evidence comprises advertised asking rents, not achieved or passing rents.
• Buyer premium and admin charge are known, but additional legal-pack disbursements and special-condition costs may apply.
• EPC rating is E and no heating details are supplied.
• The sold comparables do not include their condition, specification or accommodation details, limiting direct GDV comparison.
• Finance, voids, operating costs, tax and selling costs are not provided.

Analysis Confidence

Medium

There is good same-road completed-sale evidence and indicative rental evidence, but no detailed condition report, refurbishment budget, achieved rent, council tax, heating information or complete legal-pack cost detail.