Flat 5 Brandhall Court, Wolverhampton Road, Oldbury, B68 8DE

Description

A vacant long leasehold duplex apartment. A two bedroom duplex apartment, situated in a purpose built block, standing in communal grounds.

Accommodation

Ground Floor: Communal Entrance. Apartment 5 - Hall, Airing Cupboard, Reception Room. First Floor: Landing, Two Bedrooms, Shower Room/WC. Outside: Communal Parking, Garage.

Location

Situated in a purpose built block standing in communal grounds in Oldbury.

Tenure / Property Information

Investment Analysis

Recent completed sales at the same address were £126,000, £129,500 and £140,000 between February 2025 and May 2026. The £95,000 and £240,000 sales are materially outside this recent cluster and may not be directly comparable. A base GDV of £130,000 is used, with a cautious evidence-based range of £126,000–£140,000. The comparables do not confirm identical size, condition, floor or garage arrangements, so this is indicative only.

Investment Snapshot

Strategy Recommendation

Treat as a potential value-led acquisition or BRRR opportunity subject to inspection, legal-pack review, leasehold-cost confirmation and independent valuation. Do not rely on the low guide alone or bid without establishing condition, rent and total project costs.

Works Required

No refurbishment defects or required works are evidenced. Verify condition, garage inclusion, communal-area obligations, lease terms and any required works through inspection and the legal pack before budgeting.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £20,000 guide, the known guide price plus administration charge would be £22,700 before any other fees, taxes, finance costs or works. A 75% refinance against the indicative £130,000 base GDV is £97,500, but achievable refinancing depends on valuation, mortgageability, lease documentation, condition and lender criteria. Cash left in cannot be calculated without a works and full-cost budget.

Buy-to-Let Analysis

The property is vacant and no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rental income and gross yield therefore cannot be established. The £2,700 administration charge is known, but other completion costs, leasehold charges, finance costs and any works remain unquantified.

Flip Analysis

The indicative base GDV is £130,000, supported mainly by recent same-address sales of £126,000–£140,000. A flip surplus cannot be calculated because refurbishment costs, selling costs and other acquisition costs are not evidenced. The long lease is potentially supportive, but legal-pack and condition checks are essential.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence, so rental yield cannot be assessed.

• Condition and required refurbishment works are not supplied.

• Exact comparability of the sold properties, including size, floor, condition and garage arrangements, is unconfirmed.

• Full lease details are pending and leasehold charges or restrictions are unknown.

• Additional completion costs are unknown beyond the £2,700 administration charge.

• Refinance value and lender acceptance are unconfirmed.

• The £20,000 guide is not evidence of market value or a guaranteed purchase price.

Recommendation

Treat as a potential value-led acquisition or BRRR opportunity subject to inspection, legal-pack review, leasehold-cost confirmation and independent valuation. Do not rely on the low guide alone or bid without establishing condition, rent and total project costs.

Strategy Rating

Analysis Confidence

There are several recent completed sales at the same address and a stated long lease, but no exact comparable specifications, rental evidence, condition assessment, refurbishment budget, service-charge information or full legal-pack costs.