Flat 2, 1330 Bristol Road South, Birmingham, West Midlands, B31 2TD

Description

Auction House Birmingham are proud to present this two-bedroom flat on Bristol Road South. Requiring updating, the property may appeal to residential purchasers looking to create a home around their own tastes and ideas. Investors may also be drawn to the opportunity to undertake a refurbishment with a future rental investment in mind.

Accommodation

Lounge/Diner: 3.2 x 4.91m; Office: 3.00m x 1.98m; Kitchen: 2.10m x 4.21m; Bedroom 1: 2.96m x 3.87m; Bedroom 2: 1.96m x 3.04m; Bathroom: 2.48m x 2.13m.

Location

The surrounding area offers shopping and everyday amenities, including Northfield Shopping Centre. Longbridge includes Herbert’s Yard, with street food and events. The 63 bus route connects Northfield and Longbridge with Selly Oak and Birmingham city centre. Longbridge railway station provides services to Birmingham New Street.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale at 1320 Bristol Road South for £97,000 in May 2025. Other nearby same-road flat/maisonette sales range from £115,000 to £119,500 in 2022–2023, but these are older and may differ in condition, specification and exact accommodation. The subject is described as requiring updating, so £97,000 is used as a cautious base post-works GDV indication rather than a formal valuation. The guide plus stated buyer premium and admin charge totals £78,540 before works, disbursements and other unknown costs.

Investment Snapshot

Strategy Recommendation

Do not commit at auction without inspecting the flat and reviewing the legal pack, including lease, service charge, ground rent and disbursements. Proceed only if the required updating is modest and the all-in cost remains comfortably below supported resale evidence; rental strategy is unquantifiable at present.

Works Required

General updating is supported by the description. The evidence does not specify which elements require work, so no detailed scope or cost allowance can be reliably quantified. Inspection and the legal pack are required before bidding.

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 indicative 75% refinance value on the £97,000 base GDV is £72,750, but total acquisition and refurbishment costs cannot be calculated because works costs and possible disbursements are unknown. Refinancing terms, service charge and ground rent are also unavailable.

Buy-to-Let Analysis

A BTL assessment cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, operating costs, service charge, ground rent, EPC and mortgage affordability are also unknown. The long stated lease term is supportive, subject to legal verification.

Flip Analysis

A potential resale benchmark is indicated by the £97,000 May 2025 nearby completed sale, with older nearby evidence up to £115,000–£119,500. However, the subject requires updating and no refurbishment budget, selling allowance or detailed condition evidence is supplied, so flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• The property is stated to require updating, but the extent and cost of works are unknown.

• No sufficiently specific rental evidence is available, preventing yield and cash-flow analysis.

• Service charge, ground rent and other lease-related costs are not supplied.

• Disbursements and other legal or seller-cost reimbursements may be payable but are not quantified.

• The comparable sales may differ in condition, specification and exact accommodation from the subject flat.

• EPC, heating and parking information are not supplied.

Recommendation

Do not commit at auction without inspecting the flat and reviewing the legal pack, including lease, service charge, ground rent and disbursements. Proceed only if the required updating is modest and the all-in cost remains comfortably below supported resale evidence; rental strategy is unquantifiable at present.

Strategy Rating

Analysis Confidence

There are several relevant completed same-road sales and a stated long lease, but no rent, EPC, service charge, ground rent, parking, condition detail, refurbishment costs or complete purchase-cost information.