81 Glascote Road, Tamworth, Staffordshire

Description

Vacant freehold semi-detached house by order of a housing association. GIA approximately 65.86 sq m (709 sq ft). The Vendor will not accept offers prior to auction.

Accommodation

Ground floor: reception room, kitchen. First floor: two bedrooms, shower room. Rear garden.

Location

The property is situated on the north side of Glascote Road. The shops and amenities of Tamworth are to the north west. Tamworth rail station is approximately 0.8 miles to the north. The A5 is to the south. Macgregor Park is to the west.

Tenure / Property Information

Investment Analysis

The most relevant evidence is the £140,000 sale of 83 Glascote Road, a semi-detached freehold property sold in September 2024. Older same-road sales range from £175,000 to £225,000, but bedroom count, floor area, condition and market timing are not supplied. A cautious base GDV of £140,000 is therefore used, with a broad evidence-based range reflecting the historic same-road sales. This is an estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only after inspection, legal review and confirmation of all auction charges. The available evidence is insufficient to support a firm BTL, BRRR or flip bid; treat the £140,000 GDV as provisional and do not rely on the high scenario.

Works Required

No specific repair or refurbishment works are evidenced. Obtain a full inspection and confirm the condition of the kitchen, shower room, finishes, services, roof, windows and garden before bidding; no cost allowance can be supported from the supplied information.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £100,000 guide, 75% of the £140,000 base GDV is approximately £105,000 before finance, tax and transaction costs. However, works, fees and achievable rent are unknown, so cash required, refinance surplus and refinance viability cannot be reliably calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Refurbishment costs, buyer costs, administration charges and possible third-party charges are also unknown. The property is vacant, so any letting strategy would require confirmed market rent and condition costs.

Flip Analysis

The guide is £40,000 below the cautious £140,000 base GDV, but this is not a dependable flip margin because condition, works, acquisition costs, selling costs and any additional auction charges are not supplied. The £225,000 high scenario is based on an older same-road sale with unknown differences and should not be relied upon.

Investor Risks & Due Diligence

• Property condition and refurbishment requirements are not provided.

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

• Buyer premium, administration charge and other seller or third-party fees are unspecified.

• Same-road comparable sales show substantial price variation and lack bedroom, size and condition details.

• The property is vacant, with no evidence of achievable rent or letting costs.

• Special Conditions of Sale and addendum may contain additional obligations or charges not supplied.

Recommendation

Proceed only after inspection, legal review and confirmation of all auction charges. The available evidence is insufficient to support a firm BTL, BRRR or flip bid; treat the £140,000 GDV as provisional and do not rely on the high scenario.

Strategy Rating

Analysis Confidence

There is one relatively recent same-road sale and several older comparables, but no condition report, rent evidence, EPC, service information, buyer/admin fees, selling costs or special-condition details.