Flat 2, 1330 Bristol Road South, Northfield, Birmingham, West Midlands

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 a choice of shopping and everyday amenities, with Northfield Shopping Centre bringing together familiar high street names. Longbridge adds to the local social scene, including Herbert’s Yard, where street food and events are available. Public transport options include the 63 bus route, connecting Northfield and Longbridge with Selly Oak and Birmingham city centre. Longbridge railway station also provides services to Birmingham New Street.

Tenure / Property Information

Tenure	Leasehold
Lease	999 Years from 1 January 2006
EPC	Current Rating D
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

The most recent supplied comparable, 1320 Bristol Road South, sold for £97,000 in May 2025. Other supplied comparable sales on the same road range from £115,000 to £119,500 between 2022 and 2023, with older sales at £85,000 and £88,000. As the comparables are not confirmed as identical flats, their sizes and condition are not provided, and this property requires updating, £97,000 is used as an indicative base GDV rather than a formal valuation. The older £115,000–£119,500 sales provide an evidence-supported upper scenario only.

Investment Snapshot

Guide Price	£75,000 (plus fees)
HB Estimated GDV	£97,000
Estimated Monthly Rent	£375 pcm
Estimated Annual Rent	£4,500 pa
Gross Yield on Guide	6%

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining a detailed refurbishment quotation, lease review and confirmation of achievable rent. On the supplied evidence, avoid bidding on the assumption that the older £115,000–£119,500 sales are achievable.

Works Required

Updating and refurbishment to the kitchen, bathroom, decoration and other finishes may be required, based on the description stating that the flat requires updating. No specific defects or works specification is supplied, so no cost allowance can be reliably calculated.

Rental & Market Context

HB Estimated Market Rent

£375 pcm

Houses to rent in Maas Road, Birmingham, B31 – Page 44 — 2 bed — — Advertised asking rent

£375 pcm

Sold Comparables

The following completed sales were identified within approximately 5 miles:

1320, Bristol Road South, Northfield, Birmingham, Birmingham, B31 2td 2025-05-28 · Flat/Maisonette · Leasehold	£97,000
1320, Bristol Road South, Northfield, Birmingham, Birmingham, B31 2td 2023-02-09 · Flat/Maisonette · Leasehold	£119,500
1326, Bristol Road South, Northfield, Birmingham, Birmingham, B31 2td 2022-01-17 · Flat/Maisonette · Leasehold	£115,000
1320, Bristol Road South, Northfield, Birmingham, Birmingham, B31 2td 2018-05-02 · Flat/Maisonette · Leasehold	£88,000
1320, Bristol Road South, Northfield, Birmingham, Birmingham, B31 2td 2017-03-27 · Flat/Maisonette · Leasehold	£85,000

Potential BRRR Position

Base GDV	£97,000
75% Refinance	£72,750

Using the indicative £97,000 base GDV, 75% refinance would be approximately £72,750. However, the refurbishment cost, full acquisition costs and finance costs are not supplied, so cash left in and refinance viability cannot be calculated. The known buyer premium and admin charge total £3,540, with possible additional legal-pack disbursements.

Buy-to-Let Analysis

The only supplied rental evidence is an advertised asking rent of £375 pcm for a two-bedroom property in Maas Road, rather than achieved rent for this flat. At that rent, annual gross rent is £4,500 and the gross yield on the £75,000 guide is 6.0%, before refurbishment, buyer premium, admin charge, other acquisition costs, management, maintenance, voids and finance. A reliable net or total-cost yield cannot be established.

Flip Analysis

An indicative £97,000 base GDV is supported by the latest supplied comparable, but the property requires updating and no refurbishment budget, selling costs or complete acquisition-cost allowance is available. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• The flat is stated to require updating, but no detailed condition report or refurbishment specification is supplied.

• The rental evidence is an advertised asking rent for Maas Road, not an achieved rent for this flat.

• The buyer premium and admin charge total £3,540, with potentially further legal-pack disbursements and other purchaser costs.

• The comparable sales do not provide unit-specific size, condition or specification information.

• Leasehold details beyond the 999-year term are not supplied, including service charge, ground rent, restrictions and remaining contractual obligations.

• The guide price is stated to be plus fees and is not a valuation or guaranteed purchase price.

Recommendation

Proceed only after reviewing the legal pack and obtaining a detailed refurbishment quotation, lease review and confirmation of achievable rent. On the supplied evidence, avoid bidding on the assumption that the older £115,000–£119,500 sales are achievable.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low-Medium

There are several local completed-sale comparables and one nearby two-bedroom asking-rent reference, but the comparables are not confirmed as identical units, property condition is only broadly described, and no refurbishment costs, full fees, lease details or achieved rent are supplied.