35 Lucknow Road, Willenhall, West Midlands, WV12 4QF

Description

A fully refurbished and extended three-bedroom semi-detached house. The property comprises an entrance hall, lounge, extended open-plan kitchen and dining area, and a ground floor WC. To the first floor are three bedrooms, an en-suite shower room to the principal bedroom and a family bathroom. The property further benefits from double glazing, a recently installed combination boiler and a substantial rear garden incorporating a paved patio and lawned areas. To the front, a block-paved driveway provides off-road parking for several vehicles. Having undergone refurbishment and extension, the property is considered suitable for owner-occupiers seeking ready-to-occupy accommodation, as well as investors looking to add to their existing portfolio.

Accommodation

Entrance hall; lounge measuring 18'8" x 9'11"; extended open-plan kitchen and dining area measuring 22'8" x 8'11"; kitchen area measuring 15'2" x 9'4"; ground floor WC; bedroom one measuring 8'9" x 15'9" (max), with en-suite shower room; bedroom two measuring 10'11" x 10'2"; bedroom three measuring 8'2" x 8'1"; family bathroom measuring 8'6" x 5'10".

Location

Situated within a popular residential area of Short Heath, Willenhall, providing convenient access to local amenities and transport links. The location benefits from access to the M6 motorway network and road connections to Willenhall, Walsall and Wolverhampton.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-road semi-detached sale at £212,500 on 27 June 2025. Other same-road sales were £152,000 in September 2024 and £165,000 in October 2022. The subject is described as refurbished and extended, but the condition and specification of the comparables are unknown, so the £212,500 figure should be treated as an indicative upper market reference rather than a formal valuation. At the £180,000 guide, the price is below the most recent comparable before buyer premium and admin charges.

Investment Snapshot

Strategy Recommendation

Best suited to an owner-occupier or cautious long-term hold, subject to legal-pack review, physical inspection and confirmation that the extension and refurbishment are properly documented. Do not rely on a BTL or flip strategy until rent and all acquisition, finance and resale costs are evidenced.

Works Required

No refurbishment works are evidenced as required. The property is described as fully refurbished and extended, with a recently installed combination boiler, double glazing, driveway and landscaped rear garden. Any works should be limited to inspection, maintenance and purchaser-specific improvements; no quantified allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £212,500 base GDV, 75% refinancing is £159,375. Against the guide purchase, assumed £0 refurbishment allowance and known buyer/admin charges, indicative cash left in is £24,825 before finance, tax, legal and other costs. This is only a preliminary scenario because rent, finance terms, valuation certainty and additional auction costs are unavailable.

Buy-to-Let Analysis

BTL cannot be fully assessed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The known acquisition cost at the guide is £180,000 plus a 1.2% buyer premium of £2,160 and £2,040 admin charge, totalling £184,200 before other possible legal, search, transfer and disbursement costs. Yield, cash flow and maximum bid cannot therefore be established.

Flip Analysis

A theoretical base GDV of £212,500 exceeds the £184,200 guide-based total including known buyer premium and admin charge by £28,300. No selling costs or additional acquisition/project costs are supplied, so a reliable flip surplus cannot be calculated. The spread is also dependent on achieving the most recent same-road comparable and does not establish a formal resale value.

Investor Risks & Due Diligence

• The £212,500 GDV indication relies principally on one recent same-road comparable whose specification and condition are unknown.

• No sufficiently specific rental evidence is available, preventing reliable BTL yield and cash-flow analysis.

• Additional search, seller, legal, transfer, disbursement, finance and tax costs may reduce the apparent margin.

• The extension and refurbishment should be verified through inspection and the legal pack, including any required approvals or guarantees.

• The guide price is not a guaranteed purchase price and the final auction price may exceed the analysis figure.

Recommendation

Best suited to an owner-occupier or cautious long-term hold, subject to legal-pack review, physical inspection and confirmation that the extension and refurbishment are properly documented. Do not rely on a BTL or flip strategy until rent and all acquisition, finance and resale costs are evidenced.

Strategy Rating

Analysis Confidence

There is a recent same-road completed sale and a clear property description, but comparable specifications, rental evidence, EPC, legal details, condition verification and several purchase costs are unavailable.