45 Dimmocks Avenue, Coseley, Wolverhampton

Description

An extended semi detached property standing back from the road behind a driveway and foregarden.

Accommodation

Ground Floor: Porch, Hall, Two Reception Rooms, Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Gardens and Driveway Parking.

Location

Coseley, Wolverhampton

Tenure / Property Information

Investment Analysis

The supplied sold evidence comprises same-street freehold semi-detached comparables ranging from £150,000 to £246,000. The most recent comparable sold for £200,000 on 03 July 2026, while another sold for £225,000 in June 2024. A cautious base GDV of £200,000 is used, with £175,000 low and £225,000 high scenarios. The comparable records describe the location as Bilston/Dudley, whereas the subject is stated as Coseley/Wolverhampton, so location comparability should be verified.

Investment Snapshot

Strategy Recommendation

Investigate as a potential BTL or BRRR purchase, subject to survey, legal-pack review, confirmation of the £1,200 asking-rent evidence and a verified refurbishment budget. Do not set a maximum bid until those costs are known.

Works Required

No specific defects or refurbishment requirements are evidenced. A survey and inspection should establish the condition of the extension, roof, services, heating, kitchen, bathroom, windows and external areas before any works budget is set.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £200,000 base GDV, a 75% refinance illustration is £150,000. A BRRR assessment cannot be completed reliably because the refurbishment cost, total acquisition cost, finance costs and any value impact from the property's condition are unsupported. The refinance figure is illustrative only and not a lending commitment.

Buy-to-Let Analysis

The single rental listing supports an advertised asking rent of £1,200 pcm, equivalent to £14,400 annually. Against the £125,000 guide, the headline gross yield is approximately 11.52%; including the stated £2,700 administration charge but excluding unknown works, SDLT and other costs, it is approximately 11.28%. Achieved rent, operating costs and the property's condition are unverified, so net yield cannot be established.

Flip Analysis

The base GDV of £200,000 indicates potential gross value above the £125,000 guide, but a flip surplus cannot be calculated because works, selling costs, SDLT, finance and other completion costs are not supplied. The £2,700 administration charge is known and would need to be included in any full appraisal.

Investor Risks & Due Diligence

• The £1,200 pcm figure is an advertised asking rent, not an achieved or passing rent.

• No condition report or refurbishment budget is supplied, preventing a reliable total-cost or maximum-bid calculation.

• Additional costs may be included in the special conditions and are not provided.

• Stamp duty, finance, selling costs and other government or completion charges are excluded from the available cost evidence.

• The comparable records use Bilston/Dudley location descriptions while the subject is stated as Coseley/Wolverhampton; comparability should be verified.

• The auction guide is £125,000+ and does not establish the eventual purchase price.

Recommendation

Investigate as a potential BTL or BRRR purchase, subject to survey, legal-pack review, confirmation of the £1,200 asking-rent evidence and a verified refurbishment budget. Do not set a maximum bid until those costs are known.

Strategy Rating

Analysis Confidence

The analysis has several relevant same-street sold comparables, a guide price, one rental asking figure and a stated administration charge. However, condition, refurbishment costs, achieved rent, SDLT, finance, selling costs and full legal-pack costs are unavailable, and the comparable location labels differ from the subject description.