25 South Roundhay, Stetchford, Birmingham B33 9PU

Description

Auction House Birmingham are proud to present this 3 bedroom, terraced house, situated in the popular area of Stetchford. The property is in need of modernisation, but for those seeking their own residential project, the property offers the opportunity to place your stamp on a family home bristling with potential. Alternatively, for the investors out there, the property presents itself as an opportunity to purchase a property in what is a popular area for lettings, an enticing prospect to those seeking to renovate, and in turn situate tenants in the property. Furthermore, for the developers out there, the potential on show, and ability to add value to a residential project in a popular area is clear to see. Internal inspection of the property is highly recommended indeed.

Accommodation

Lounge/Diner: 4.09m x 3.92m; Understairs Storage: 1.74m x 0.83m; Kitchen: 1.94m x 3.255m; Bathroom: 1.94m x 1.40m; Bedroom 1: 2.77m x 4.87m; Bedroom 2: 2.40m x 2.55m; Bedroom 3: 2.42m x 2.23m

Location

Situated in the popular area of Stetchford; the property is described as being in a popular area for lettings.

Tenure / Property Information

Tenure	Freehold
EPC	Current Rating D
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

The closest supplied evidence is 1 South Roundhay, a freehold semi-detached property sold for £155,000 in May 2023. This supports a base GDV estimate of £155,000, but there is only one recent comparable and the description inconsistently refers to the subject as both semi-detached and terraced. The £812 pcm rent is a directly advertised listing for this property and is not an achieved rent. No evidence supports a GDV range or refurbishment cost allowance.

Investment Snapshot

Guide Price	£135,000 (plus fees)
HB Estimated GDV	£155,000
Estimated Monthly Rent	£812 pcm
Estimated Annual Rent	£9,744 pa
Gross Yield on Guide	7.2%
Gross Yield on Project Cost	7%

Strategy Recommendation

Proceed only after inspection and legal-pack review establish the modernisation scope and total cost. The supplied figures show a potentially workable rental yield at guide, but the limited valuation evidence and unknown works make a firm investment decision premature.

Works Required

Modernisation is required according to the description. Specific works, condition defects and costs are not supplied; internal inspection and legal-pack review are essential before bidding.

Rental & Market Context

HB Estimated Market Rent

£812 pcm

25 South Roundhay, Birmingham, West Midlands, B33 9PU | B33 | Property Auction | hustleandbustle.co.uk — 3 bed — — Advertised asking rent	£812 pcm
Property to Rent in CM11 (2026) — AI Rental Search — 3 bed — — Advertised asking rent	£3,050 pcm

Sold Comparables

The following completed sales were identified within approximately 5 miles:

1, South Roundhay, Stechford, Birmingham, Birmingham, B33 9pu 2023-05-05 · Semi-Detached · Freehold	£155,000
21, South Roundhay, Stechford, Birmingham, Birmingham, B33 9pu 1998-03-16 · Semi-Detached · Freehold	£42,000

Potential BRRR Position

Base Project Cost	£138,720
Base GDV	£155,000
75% Refinance	£116,250
Indicative Cash Left In	£22,470
Equity Before Finance / Tax	£16,280

Using the supplied £155,000 base GDV, 75% refinance is £116,250. Including only the guide price and stated buyer/admin charges gives a pre-refurbishment cost of £138,720, leaving an indicative £22,470 unrecovered before finance and tax. Refurbishment costs are unknown, so BRRR viability cannot be confirmed.

Buy-to-Let Analysis

At the advertised £812 pcm, annual rent is £9,744. This equates to approximately 7.22% gross yield on the £135,000 guide and 7.03% on the guide plus the stated £1,680 buyer premium and £2,040 admin charge. These figures exclude refurbishment, finance, tax, insurance, maintenance, voids and other possible disbursements, so the net return cannot be established.

Flip Analysis

The supplied comparable supports a £155,000 base GDV. Against the £135,000 guide and £3,720 stated buyer/admin charges, the pre-works spread is £16,280. Because refurbishment costs, selling costs and any legal-pack disbursements are not supplied, a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Unknown modernisation and refurbishment costs.

• Only one recent sold comparable is supplied.

• Property is described inconsistently as semi-detached and terraced.

• The £812 pcm figure is an advertised asking rent, not achieved rent.

• Possible legal-pack disbursements and other purchase charges are not quantified.

• Gross yields exclude finance, tax, insurance, maintenance and voids.

Recommendation

Proceed only after inspection and legal-pack review establish the modernisation scope and total cost. The supplied figures show a potentially workable rental yield at guide, but the limited valuation evidence and unknown works make a firm investment decision premature.

Strategy Rating

HB Rating

★★★☆☆

Analysis Confidence

Confidence

Low-Medium

One relevant 2023 sold comparable and one property-specific advertised rent are supplied, but refurbishment costs, detailed condition, selling costs, disbursements and a supported GDV range are unavailable. The property type is also described inconsistently.