80 Hagley Road West, Smethwick

Description

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

Accommodation

Ground Floor: Porch, Two Reception Rooms, Understairs Store, Kitchen, Shower Room. First Floor: Landing, Two Bedrooms, Bathroom/WC with Shower. Outside: Driveway and Gardens.

Location

Standing back from the road behind a driveway and foregarden in Smethwick.

Tenure / Property Information

Investment Analysis

Recent supplied Land Registry evidence includes £233,000 for the subject address in March 2026 and £240,000 for nearby 70 Hagley Road West in September 2025. Older evidence ranges from £145,000 to £185,000. The £233,000 base GDV uses the latest sale for the subject address, but comparability is limited because bedroom counts and condition are not supplied. A supported evidence range is £145,000 to £240,000.

Investment Snapshot

Strategy Recommendation

Do not bid solely on the guide price. Progress only after inspecting the property, reviewing the legal pack, confirming all purchase costs and obtaining a defensible rental and refurbishment assessment.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain a full inspection and review the legal pack before budgeting for works; only the stated vacant possession, existing accommodation, driveway, gardens and gas central heating are confirmed.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £50,000 guide, the known purchase price plus administration charge is £52,700 before any works, taxes, legal-pack costs or other acquisition costs. A 75% refinance of the base GDV would be £174,750, but total project cost, equity requirement and cash left in cannot be calculated because refurbishment and other costs are unsupported. Valuation and refinance assumptions also require lender confirmation.

Buy-to-Let Analysis

The property is vacant and no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, annual income and gross yield therefore cannot be established. The £2,700 administration charge is known, while additional legal-pack costs and any works remain unknown.

Flip Analysis

The supplied sales evidence indicates a base GDV of £233,000, with a supported evidence range of £145,000 to £240,000. A reliable flip surplus cannot be calculated because refurbishment, acquisition, legal, tax, finance and selling costs are not supplied.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence or passing rent is supplied.

• Property condition and refurbishment requirements are not evidenced.

• Additional costs in the legal pack are unknown; the stated £2,700 administration charge excludes other costs, stamp duty and government taxes.

• Comparable sales do not include bedroom counts or condition, limiting GDV reliability.

• Vacant possession means there is no established rental income at completion.

• Auction guide price is not evidence of market value or achievable purchase price.

Recommendation

Do not bid solely on the guide price. Progress only after inspecting the property, reviewing the legal pack, confirming all purchase costs and obtaining a defensible rental and refurbishment assessment.

Strategy Rating

Analysis Confidence

Recent completed-sale evidence is available, including a sale for the subject address, but bedroom comparability, condition, rent, refurbishment costs, selling costs and full auction costs are not evidenced.