Flat 3, Clarence Court, 272 Clarence Road, Sutton Coldfield, West Midlands, B74 4LP

Description

Leasehold ground floor two bedroom flat. Full vacant possession.

Accommodation

Two bedrooms, reception room, kitchen, bathroom/WC, storage room. Outside: balcony.

Location

The property is located on Clarence Road. Shopping amenities are available within Sutton Coldfield Town Centre, with a more comprehensive range of shops, bars and restaurants in Birmingham City Centre. Public transport links are available at Sutton Coldfield Train Station and via local bus services. Road links include the A452 and A4041. Recreational pursuits are available at Sutton Park.

Tenure / Property Information

Investment Analysis

Five Land Registry sales are recorded within Clarence Court, ranging from £72,500 in July 2026 to £133,000 in September 2023. The latest sale is £72,500, while the median of the supplied evidence is £112,000; however, flat numbers, sizes, condition and specification are not provided, so the evidence supports only a broad indicative range. A cautious base GDV of £99,000 is used, with £72,500 low and £133,000 high scenarios.

Investment Snapshot

Strategy Recommendation

Proceed only as a cautious, evidence-led purchase subject to legal-pack review, confirmation of lease obligations and inspection. Do not rely on the guide price or the broad GDV range without verifying the flat-specific condition and comparable evidence.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection and verification only; review the EPC E rating, lease, legal pack and any required cosmetic or compliance works before bidding. No quantified works allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £99,000 base GDV, 75% refinance capacity is approximately £74,250. A cash-left-in calculation is not supported because refurbishment costs, seller charges and other acquisition costs are unknown. The lease and legal pack require review before considering refinancing.

Buy-to-Let Analysis

BTL assessment cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The vacant status means a tenancy would need to be established, and lease obligations and other ownership costs remain unverified.

Flip Analysis

The supplied sales indicate a wide value range, but the comparables are not identified by flat number and no condition or size information is available. A reliable flip surplus cannot be calculated because works, seller charges, acquisition costs and selling costs are not supplied.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence is available, preventing a supported rental yield assessment.

• Lease information is otherwise awaited and buyers are directed to check the legal pack.

• The seller may charge additional completion fees that are not quantified.

• EPC rating is E.

• The property is vacant, so rental income is not currently passing.

• Supplied sales vary materially and are not identified by flat number, size, condition or specification.

Recommendation

Proceed only as a cautious, evidence-led purchase subject to legal-pack review, confirmation of lease obligations and inspection. Do not rely on the guide price or the broad GDV range without verifying the flat-specific condition and comparable evidence.

Strategy Rating

Analysis Confidence

There are several same-development completed sales and a long stated lease term, but the flat-specific comparable details, rental evidence, refurbishment costs, lease obligations and seller charges are incomplete.