66 Albert Road, Handsworth, Birmingham, West Midlands, B21 9JY

Description

A two bedroom mid terrace house. Externally the property benefits from a front yard and rear garden. In need of modernisation. Extension potential subject to requisite consents. Vacant.

Accommodation

Ground Floor - Porch, Two Reception Rooms, Kitchen. First Floor - Two Bedrooms, Bathroom/WC.

Location

Located on the north side of Albert Road. Local shops are available within Handsworth, with further facilities accessible in Birmingham city centre. Recreational amenities include nearby parks and open spaces, such as Handsworth Park. Transport links include road access via the A41 and nearby M5/M6 motorway network. Transport Winson Green Outer Circle - West Midlands Metro. Soho, Benson Road - West Midlands Metro. The Hawthorns - Chiltern Railways, West Midlands Railway. Perry Bar - West Midlands Railway.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Albert Road range from £150,000 to £250,000, but bedroom count, floor area, condition and specification are not provided for the comparables. The subject is a vacant two-bedroom house requiring modernisation, so a reliable GDV or supported scenario range cannot be established from the evidence alone. The £90,000 guide is not a confirmed purchase price.

Investment Snapshot

Strategy Recommendation

Treat as a potential value-led refurbishment only after obtaining a full survey, detailed works budget, rental evidence and better-matched valuation comparables. Do not rely on the guide price or headline comparable range alone.

Works Required

Modernisation of the house is indicated by the description. The evidence does not specify required works, defects, services condition, finishes or statutory requirements. Any extension would be subject to the requisite consents.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be quantified. The property is vacant and requires modernisation, but refurbishment cost, achievable rent, GDV and refinance value are unsupported. The recent same-road sales vary materially and are not sufficiently specified for a dependable valuation.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate was supplied. Gross yield, operating costs and finance affordability cannot therefore be established.

Flip Analysis

A flip appraisal cannot be quantified because the works budget, resale costs and a comparable-condition GDV are unavailable. The supplied same-road sales provide context only, ranging from £150,000 to £250,000, with insufficient property detail to select a supported resale value.

Investor Risks & Due Diligence

• Modernisation scope and cost are unknown.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• The supplied comparable prices range from £150,000 to £250,000 and lack bedroom, size and condition details.

• Extension potential is subject to the requisite consents and is not assured.

• The final purchase price may exceed the £90,000 auction guide.

Recommendation

Treat as a potential value-led refurbishment only after obtaining a full survey, detailed works budget, rental evidence and better-matched valuation comparables. Do not rely on the guide price or headline comparable range alone.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy and several same-road completed sales are supplied, but there is no floor area, EPC, condition schedule, rental evidence, works cost, fees or sufficiently detailed comparable specification.