52 Allens Road, Birmingham, West Midlands

Description

A Freehold traditional 2 bed end-terraced house of two-storey brick construction, surmounted by a pitched replacement tile clad roof having two bedrooms and benefitting from gas-fired central heating, rear vehicular access with hard-standing which previously contained a garage, providing off road parking/erection of garage. The property was completely renovated by the vendor and let in January 2024 with the tenant paying £1,025 per calendar month.

Accommodation

Front Reception Room: 3.55m x 3.48m; Rear Reception Room: 3.56m x 3.42m; Kitchen: 3.l78m x 2.06m; Lobby to Cloakroom: with wc; Stairs and Landing to First Floor; Bedroom One (Double): 3.55m x 3.47m; Bedroom Two (Double): 3.48m x 2.63m; Bathroom: with bath having shower over, wash basin and wc.

Location

Allens Road comprises of a cul-de-sac which leads off Bacchus Road and the property is conveniently within less than half a mile from Handsworth Shopping Centre on Soho Road (A41).

Tenure / Property Information

Investment Analysis

Recent same-road freehold terraced sales from February-April 2026 range from £117,500 to £130,320, excluding the older £80,000 2023 sale. The comparable properties' bedroom count and condition are not supplied, so a precise valuation is not established. A rounded base GDV of £124,000 is used, with £117,500-£130,320 as an evidence-supported scenario range. The guide price is materially below these recent comparables, subject to condition, tenancy, legal title and special-condition review.

Investment Snapshot

Strategy Recommendation

Prioritise a buy-to-let or BRRR hold, subject to confirming the tenancy, condition, legal pack and refinance eligibility. The stated rent and low guide price are attractive, but the investment case should not rely on the base GDV until the property and comparables are verified.

Works Required

The property is described as completely renovated by the vendor, with gas central heating, a replacement tiled roof and an existing bathroom and kitchen. No specific refurbishment works or cost allowance are evidenced. Inspect the completed renovation, services, rear hard-standing and any garage-related works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £124,000 base GDV, 75% refinance is approximately £93,000. Against the guide price plus the £2,500 minimum buyer premium and no evidenced works allowance, this indicates approximately £17,500 gross cash release before finance, tax, legal, valuation and any additional special-condition costs. Actual refinance depends on lender valuation, affordability, tenancy and mortgage terms.

Buy-to-Let Analysis

At the stated tenant rent of £1,025 pcm, annual rent is £12,300. Against the £73,000 guide price, the gross yield is approximately 16.85%; including the £2,500 minimum buyer premium, it is approximately 16.29%. No external rental comparables, operating costs, finance costs or tenancy terms are supplied, so net yield and rent sustainability cannot be assessed.

Flip Analysis

The guide price and recent same-road sales indicate apparent gross value upside, with a base GDV of £124,000 against £75,500 of guide-price acquisition cost including the minimum buyer premium. However, no selling costs, finance costs, tax, refurbishment budget or special-condition fees are supplied, and the comparables lack bedroom and condition details. A reliable flip surplus cannot therefore be calculated.

Investor Risks & Due Diligence

• The tenant's tenancy agreement, deposit position, payment history, arrears status and compliance documentation are not supplied.

• No external rental comparables are available, so the stated £1,025 pcm rent cannot be independently benchmarked.

• The sold comparables do not state bedroom count or condition, limiting confidence in the GDV range.

• The property condition and quality of the vendor's claimed renovation have not been independently verified.

• Additional fees may be listed in the Special Conditions of Sale and are not quantified.

• Refinance value, loan terms, finance costs and lender criteria are not supplied.

• The rear hard-standing previously contained a garage; the status and condition of any garage-related works are not evidenced.

Recommendation

Prioritise a buy-to-let or BRRR hold, subject to confirming the tenancy, condition, legal pack and refinance eligibility. The stated rent and low guide price are attractive, but the investment case should not rely on the base GDV until the property and comparables are verified.

Strategy Rating

Analysis Confidence

The analysis has a stated passing rent, guide price, buyer premium and several recent same-road sales, but lacks EPC, council tax, tenancy details, external rental comparables, property inspection evidence, special-condition fees and comparable bedroom/condition data.