34 Lordswood Square, Lordswood Road, Birmingham

Description

Auction House Birmingham are proud to present this one bedroom ground floor flat on Lordswood Road, situated in the sought after area of Harborne. Offering scope for a fresh look, this property may appeal to residential purchasers seeking a home to personalise, alongside investors considering their next refurbishment and potential letting opportunity. For buyers with an eye for updating interiors, it presents an opportunity to introduce their own style in an appealing Birmingham location.

Accommodation

Ground floor flat comprising hallway 1.91m x 1.36m; lounge/diner 3.74m x 5.42m; kitchen 3.73m x 1.81m; bathroom 1.93m x 1.65m; bedroom 3.12m x 3.72m.

Location

Situated in the sought after area of Harborne. Harborne’s lively High Street brings together independent shops, everyday conveniences, cafés, restaurants and traditional pubs. Queens Park and the Harborne Walkway provide options for spending time outdoors. Local bus services connect Harborne with Five Ways and Birmingham city centre. The location may interest people working at Queen Elizabeth Hospital or working and studying at the University of Birmingham.

Tenure / Property Information

Tenure	Leasehold. 999 years from 15 June 2012
Lease	999 years from 15 June 2012
EPC	Current Rating E
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

The five supplied leasehold flat comparables range from £121,000 to £162,000. The two most recent 2026 sales are £130,000 and £162,000, averaging £146,000. As the comparable attributes, condition and exact similarity are not supplied, £146,000 is used as an indicative base GDV, with a £130,000–£162,000 evidence-based scenario range. The description indicates scope for an interior refresh, but no quantified works specification is provided.

Investment Snapshot

Guide Price	£60,000 (plus fees)
HB Estimated GDV	£146,000
Estimated Monthly Rent	£825 – £925 pcm
Estimated Annual Rent	£10,500 pa
Gross Yield on Guide	17.5%

Strategy Recommendation

Investigate as a potential value-led BTL or refurbishment purchase only after reviewing the legal pack, leasehold charges, condition and realistic works quotations. Do not rely on the headline yield or refinance figures until these unknown costs are confirmed.

Works Required

Freshen and personalise the interiors as supported by the description, potentially including redecoration and updating finishes. No specific defects, kitchen, bathroom, services or compliance works are evidenced, so a reliable works budget cannot be calculated.

Rental & Market Context

HB Estimated Market Rent

£825 – £925 pcm

Lordswood Square, Lordswood Road, Birmingham, West ... — 1 bed — — Advertised asking rent	£825 pcm
Lordswood Square, Harborne, Birmingham, B17 9BS — 1 bed — — Advertised asking rent	£925 pcm

Sold Comparables

The following completed sales were identified within approximately 5 miles:

27, Lordswood Square, Birmingham, Birmingham, B17 9bs 2026-07-17 · Flat/Maisonette · Leasehold	£130,000
1, Lordswood Square, Birmingham, Birmingham, B17 9bs 2026-03-26 · Flat/Maisonette · Leasehold	£162,000
4, Lordswood Square, Birmingham, Birmingham, B17 9bs 2022-12-09 · Flat/Maisonette · Leasehold	£153,000
40, Lordswood Square, Birmingham, Birmingham, B17 9bs 2022-04-28 · Flat/Maisonette · Leasehold	£121,000
41, Lordswood Square, Birmingham, Birmingham, B17 9bs 2022-03-29 · Flat/Maisonette · Leasehold	£140,000

Potential BRRR Position

Base GDV	£146,000
75% Refinance	£109,500

Using the indicative £146,000 base GDV, a 75% refinance is £109,500. However, refurbishment cost, other purchase disbursements, leasehold charges and finance costs are not evidenced, so total project cost and cash left in cannot be established. The apparent refinance headroom should therefore not be treated as confirmed equity extraction.

Buy-to-Let Analysis

At the £60,000 guide, the supplied advertised rent range of £825–£925 pcm implies gross yields of approximately 16.5%–18.5%, using a midpoint annual rent of £10,500. These are asking rents rather than achieved rents and exclude service charges, management, maintenance, voids, finance, tax and unknown leasehold costs. The £1,560 buyer premium and £2,040 admin charge add £3,600 before any other disbursements, works or finance.

Flip Analysis

The indicative base GDV is £146,000, based on the supplied comparable sales. A flip surplus cannot be calculated because no supported refurbishment budget, selling allowance, finance cost or complete acquisition cost is available. The known buyer and admin charges total £3,600, with further special-condition costs possible.

Investor Risks & Due Diligence

• Refurbishment requirements and costs are not specified.

• The rental evidence comprises advertised asking rents, not achieved rents.

• Service charge, ground rent and other leasehold costs are not supplied.

• The £1,560 buyer premium and £2,040 admin charge apply, with possible additional special-condition disbursements.

• EPC rating E may require consideration of improvement requirements and associated costs.

• Parking, heating and council tax details are not supplied.

• Comparable sale prices vary materially from £121,000 to £162,000 and exact comparability is not established.

Recommendation

Investigate as a potential value-led BTL or refurbishment purchase only after reviewing the legal pack, leasehold charges, condition and realistic works quotations. Do not rely on the headline yield or refinance figures until these unknown costs are confirmed.

Strategy Rating

HB Rating

★★★☆☆

Analysis Confidence

Confidence

Medium

Recent local sold comparables and two advertised rents are available, but exact comparable specification, condition, leasehold charges, refurbishment costs, occupancy status and additional auction disbursements are not supplied.