56 Beechmore Road, Birmingham, B26 3AR

Description

A Semi-Detached House requiring modernisation with accommodation arranged on Two Floors comprising three bedrooms, bathroom/WC, entrance hall, living room, dining room and kitchen. Garage, driveway providing off-street parking, front garden and garden at rear.

Accommodation

First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three), Bathroom/WC. Ground Floor: Entrance Hall, Living Room, Dining Room, Kitchen. Garage. Driveway providing off-street parking. Front Garden. Garden at Rear.

Location

Situated at the junction with Kings Croft, close to local shopping/travelling facilities including Acocks Green and Marston Green Train Stations. Birmingham Airport and Sheldon Country Park are also nearby.

Tenure / Property Information

Investment Analysis

Five same-road freehold semi-detached sales range from £220,000 to £270,000, with an average of approximately £240,800. A provisional base GDV of £241,000 is used, with a low scenario of £220,000 and high scenario of £270,000. The comparable evidence does not state condition, so the extent to which these sales reflect a modernised finish is uncertain.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal review and a fully costed refurbishment schedule. The guide price appears materially below the same-road sales evidence, but the opportunity should not be underwritten as a flip or BRRRR until works, fees, rent and condition are verified.

Works Required

Modernisation of the existing three-bedroom house, including assessment and updating of the kitchen, bathroom/WC, decoration and general finishes as required. The evidence does not provide sufficient detail to specify structural, mechanical or external works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £125,000 guide, the known purchase price plus buyer premium is £126,500 before refurbishment and any additional seller, finance or transaction costs. A 75% refinance against the provisional £241,000 base GDV is £180,750, but cash left in cannot be calculated because refurbishment and total project costs are unsupported. The GDV is also subject to uncertainty because comparable condition is not stated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Modernisation costs and the property’s EPC are also unknown. The £1,500 buyer premium is known, while additional seller fees may apply.

Flip Analysis

The provisional resale-value range is £220,000 to £270,000, with a £241,000 base case. A flip surplus cannot be calculated because no refurbishment allowance, selling allowance or complete project-cost figure is supported. The guide-versus-GDV gap is attractive on its face, but the property requires modernisation and the scope is unknown.

Investor Risks & Due Diligence

• The property is explicitly described as requiring modernisation, but no detailed condition report or works schedule is provided.

• Comparable sale condition and accommodation specification are not stated, limiting confidence in the GDV.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• EPC rating is TBC.

• The seller may charge additional fees under the special conditions, which have not been supplied.

• The buyer must pay the buyer fee and balance of the 10% deposit within 24 hours of the auction date.

Recommendation

Proceed only subject to inspection, legal review and a fully costed refurbishment schedule. The guide price appears materially below the same-road sales evidence, but the opportunity should not be underwritten as a flip or BRRRR until works, fees, rent and condition are verified.

Strategy Rating

Analysis Confidence

There is useful same-road sold-price evidence and a stated guide price, but condition of the comparables, refurbishment scope, rental value, EPC, financing costs and possible seller fees are not supplied.