6 Cherry Tree Avenue, Walsall

Description

A mid terraced property standing back from the road behind a driveway and foregarden.

Accommodation

Ground Floor: Porch, Hall, Two Reception Rooms, extended Kitchen. First Floor: Landing, Three Bedrooms, Bathroom/WC. Outside: Driveway and Large Rear Garden.

Location

6 Cherry Tree Avenue is situated in the popular residential area of Broadway, to the west of Walsall. The property is conveniently located for a range of local shops, schools and everyday amenities, with Walsall town centre providing a wider selection of shopping, dining, leisure and recreational facilities. The area benefits from excellent road links, with the A34 and A461 providing easy access to Walsall, Birmingham and surrounding areas, while the M6 motorway is readily accessible. The nearby countryside and green spaces further enhance the appeal of this established residential location.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-street sale of 4 Cherry Tree Avenue at £225,000 in October 2025. Older same-street sales range from £142,000 to £168,000 between 2017 and 2021. A base GDV of £225,000 is therefore used, with £168,000 as a conservative lower scenario. This is not a formal valuation and no condition evidence is supplied.

Investment Snapshot

Strategy Recommendation

Proceed only subject to legal-pack review, inspection and verified rental evidence. The property merits investigation for a value-led BTL or BRRR purchase, but the bid should be based on total costs and confirmed condition rather than the headline GDV spread.

Works Required

No specific defects or refurbishment works are evidenced. Obtain a survey and inspect the kitchen, bathroom, roof, services, heating and external areas before budgeting; any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £225,000 base GDV, 75% refinance would be £168,750. The low guide and substantial apparent GDV margin are potentially attractive, but refurbishment costs, acquisition costs beyond the £2,700 administration charge, finance costs and achievable rent are not sufficiently evidenced. Cash left in cannot be calculated reliably.

Buy-to-Let Analysis

The supplied advertised rents range from £300 to £1,195 pcm, producing a very wide indicative gross yield range of approximately 9.2% to 36.8% against the £39,000 guide. These are asking rents, not achieved rents, and the £300 listing may not be directly comparable. A reliable BTL yield cannot be established without verified local rent, works costs, finance, tax and other purchase costs.

Flip Analysis

The latest same-street comparable supports a £225,000 reference GDV, while older evidence supports a lower £168,000 scenario. A flip surplus cannot be calculated because no condition-based works allowance, selling costs or complete acquisition-cost schedule is supplied.

Investor Risks & Due Diligence

• The £225,000 GDV relies mainly on one recent same-street comparable and is not a formal valuation.

• Rental evidence is advertised asking rent only and ranges from £300 to £1,195 pcm.

• No condition or refurbishment information is supplied, so total project cost is unknown.

• Additional legal-pack costs, taxes, finance costs and other purchase expenses are not provided.

• The property is vacant, so there is no passing rent or established tenancy income.

Recommendation

Proceed only subject to legal-pack review, inspection and verified rental evidence. The property merits investigation for a value-led BTL or BRRR purchase, but the bid should be based on total costs and confirmed condition rather than the headline GDV spread.

Strategy Rating

Analysis Confidence

There is a recent same-street comparable, older comparable evidence, a stated guide and a known administration charge, but no condition report, refurbishment budget, verified achieved rent, full fees or legal-pack information.