7, Stockdale Place (FFF & Garage), BIRMINGHAM, West Midlands, B15 3XH

Description

Leasehold first floor flat 40 years remaining on the lease Location: The property is located on Stockdale Place which lies off Westfield Road. A comprehensive range of shops, bars and restaurants can be found within Birmingham City Centre lying to the east. Public transport links are available at Five Ways Train Station located to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A456 lying to the north and the A4540 located to the east. Recreational pursuits can be found locally. Accommodation: Two bedrooms, reception room, kitchen, bathroom, separate w/c EPC Rating: C Council Tax Band: C Lease: Held on a lease for a term of 99 years (less 3 days) from 25/03/1967 at a ground rent of £TBC per annum. To view: Strictly by arrangement with the auctioneers.

Location

The property is located on Stockdale Place which lies off Westfield Road. A comprehensive range of shops, bars and restaurants can be found within Birmingham City Centre lying to the east. Public transport links are available at Five Ways Train Station located to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A456 lying to the north and the A4540 located to the east. Recreational pursuits can be found locally. Accommodation: Two bedrooms, reception room, kitchen, bathroom, separate w/c

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆