5 Bed Detached House, Refurb/BRRR, Solihull, B91 1NN, £1,250,000

Alderbrook Road, Solihull, West Midlands B91 1NN - 3 views - 7 months ago

Sold STC
Refurb/BRRR
~338 m²
+27 photos

ValuationFair Value

Sold Prices£475K - £1.4M
Sold Prices/m²£2.9K/m² - £10.9K/m²

 

 

Square Metres

~338 m²
Price/m²£3.7K/m²

Value Estimate

£1,262,500

 

 

End Value (After Refurb)

£1,583,970

Uplift in Value

+27%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£312,500

Stamp Duty & Legal Fees

£104,950

Refurb Costs

£132,839

Bridging Loan Interest

£32,813

Total Cash In

£584,852

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,583,970

Agent Fees (1%)

£15,840

Bridging Loan

£937,500

Bridging Loan Interest

£32,813

Flip Profit

£45,779

Local Sold Prices

50 sold prices from £475K to £1.4M, average is £822.5K. £2.9K/m² to £10.9K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£1.3M02/230.07 mi19, Alderbrook Road, Solihull, West Midlands B91 1NN5
£950K06/230.11 mi9, Welcombe Grove, Solihull, West Midlands B91 1PD5
£1.0M09/230.11 mi8, Welcombe Grove, Solihull, West Midlands B91 1PD5
£1.0M02/210.11 mi1, Welcombe Grove, Solihull, West Midlands B91 1PD5
£910K01/230.11 mi17, Welcombe Grove, Solihull, West Midlands B91 1PD5
£1.0M03/210.15 mi4, Spring Close, Solihull, West Midlands B91 1RA5
£820K08/230.16 mi25, Rollswood Drive, Solihull, West Midlands B91 1NL5
£1.4M03/230.17 mi11, Spring Close, Solihull, West Midlands B91 1RA5
£740K03/210.19 mi4, White House Green, Solihull, West Midlands B91 1SJ5
£625K03/210.19 mi10, White House Way, Solihull, West Midlands B91 1SE5
£554.5K03/210.29 mi68, Sharmans Cross Road, Solihull, West Midlands B91 1RQ5
£1.1M06/210.31 mi6, Sharmans Cross Road, Solihull, West Midlands B91 1RG5
£760K12/220.31 mi11, Upwey Avenue, Solihull, West Midlands B91 1LR5
£860K11/220.34 mi38, Danford Lane, Solihull, West Midlands B91 1QH5
£1.1M09/210.34 mi112, Alderbrook Road, Solihull, West Midlands B91 1NS5
£560K01/210.36 mi68, Danford Lane, Solihull, West Midlands B91 1QG5
£1.1M01/230.36 mi79, Danford Lane, Solihull, West Midlands B91 1QH5
£736K02/210.37 mi73, Dorchester Road, Solihull, West Midlands B91 1LJ5
£580K03/210.37 mi94, Danford Lane, Solihull, West Midlands B91 1QQ5
£1.2M02/230.43 mi5, Woodside Way, Solihull, West Midlands B91 1HB5
£601.3K01/230.44 mi32, Kingslea Road, Solihull, West Midlands B91 1TP5
£620K05/230.44 mi38, Kingslea Road, Solihull, West Midlands B91 1TP5
£475K11/200.44 mi66, Kingslea Road, Solihull, West Midlands B91 1TL5
£867K12/200.45 mi15, Woodside Way, Solihull, West Midlands B91 1HB5
£1.2M01/210.49 mi1, Warstock Close, Solihull, West Midlands B91 1JE5
£1.1M01/230.56 mi94, Silhill Hall Road, Solihull, West Midlands B91 1JS5
£685K01/230.57 mi29, Stockley Crescent, Shirley, Solihull, West Midlands B90 3SW5
£510K04/210.58 mi292, Blossomfield Road, Solihull, West Midlands B91 1TH5
£925K10/230.6 mi95, Silhill Hall Road, Solihull, West Midlands B91 1JT5
£825K12/220.6 mi67, Silhill Hall Road, Solihull, West Midlands B91 1JT5
£951K06/210.6 mi37, Stonor Park Road, Solihull, West Midlands B91 1EG5
£775K01/210.6 mi57, Stonor Park Road, Solihull, West Midlands B91 1EG5
£800K11/200.63 mi86, Prospect Lane, Solihull, West Midlands B91 1HS5
£665K12/220.63 mi4, Swinbrook Way, Shirley, Solihull, West Midlands B90 3LZ5
£790K12/220.64 mi20, Ashlawn Crescent, Solihull, West Midlands B91 1PR5
£887.5K04/230.65 mi6, The Crescent, Solihull, West Midlands B91 1JP5
£975K09/210.65 mi37, Ashlawn Crescent, Solihull, West Midlands B91 1PR5
£950K08/230.65 mi23, Ashlawn Crescent, Solihull, West Midlands B91 1PR5
£514K09/230.65 mi66, Ravenswood Drive South, Solihull, West Midlands B91 3LP5
£893.9K06/210.65 mi3, Cheveridge Close, Solihull, West Midlands B91 3TT5
£890K11/200.66 mi5, Cheveridge Close, Solihull, West Midlands B91 3TT5
£818K02/230.66 mi10, Browns Coppice Avenue, Solihull, West Midlands B91 1PL5
£1.4M11/210.69 mi139, Whitefields Road, Solihull, West Midlands B91 3NY5
£730K12/200.7 mi48, Broad Oaks Road, Solihull, West Midlands B91 1JB5
£1.3M08/230.73 mi596, Warwick Road, Solihull, West Midlands B91 1AD5
£715K12/200.74 mi264, Whitefields Road, Solihull, West Midlands B91 3PA5
£670K11/200.75 mi13, Broad Oaks Road, Solihull, West Midlands B91 1JA5
£747.5K04/210.76 mi27, Prospect Lane, Solihull, West Midlands B91 1HN5
£690K02/210.78 mi4, Linwood Road, Solihull, West Midlands B91 1HL5
£538.5K10/230.79 mi149, Solihull Road, Shirley, Solihull, West Midlands B90 3HW5

Local Rents

28 rents from £1.3K/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,45012/240.25 miArley Road, Solihull3
£3,25012/240.34 miDanford Lane, Solihull5
£1,59512/240.36 miDanford Lane , Solihull3
£2,50012/240.38 miBirch Tree Grove, Solihull4
£1,95011/240.43 mi-3
£1,95010/240.43 mi-3
£2,30012/240.43 miKingslea Road, Solihull4
£2,50002/240.43 mi-4
£1,65012/240.47 miUfton Close, Shirley4
£3,99801/240.5 mi-4
£3,99801/240.5 mi-4
£4,49912/240.5 mi-4
£3,70012/240.5 miRadbourne Road, Solihull, B904
£1,69512/240.51 mi-3
£1,35012/240.51 miYoxall Road, Shirley3
£1,45004/250.51 mi-3
£1,65012/240.53 miWillow Road, Solihull, B913
£1,32512/240.54 miBroad Oaks Road, Solihull3
£1,55012/240.56 miWillow Road, Solihull, West Midlands, B913
£1,90003/240.57 mi-4
£2,20003/240.57 mi-4
£3,80003/250.57 mi-4
£1,50003/250.57 mi-3
£1,55009/240.59 mi-4
£1,55003/250.6 mi-3
£1,80012/240.6 miBryanston Road, SOLIHULL3
£1,75012/240.6 miBryanston Road, Solihull, B91 1EL3
£1,35002/240.61 mi-3

Local Area Statistics

Population in B91

33,236

Population in Solihull

141,829

Town centre distance

2.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £1,250,000

September 4, 2024

Floor Plans

Description

  • Incredible Opportunity in a Prime Solihull Location on Alderbrook Road +
  • Fabulous Original 1920s Property Full of Character and Charm +
  • Exceptional Potential to Renovate, Refurbish, Extend, or Develop +
  • Private South-Facing Rear Gardens, Outdoor Swimming Pool, and Generous Frontage +
  • Currently 4 Reception Rooms, Grand Reception Hall, and Breakfast Kitchen +
  • 5 Double Bedrooms, 2 Bathrooms, and an Outside Shower Room +
  • Large Double Garage with a Further Garage Behind Offering Huge Scope +
  • No Upward Chain – Vacant Possession +
  • Tudor Grange Catchment/Minutes from Station and Town Centre +
  • The Property is Freehold | EPC: D | Council Tax Band: H +

As one of the last remaining untouched period homes on this highly sought-after road, Greenacres is a grand 1920s detached residence brimming with architectural elegance. Having been in the same family for over 40 years, this beautiful property offers incredible scope and potential for the next generation to create their dream family home on Alderbrook Road.

The property briefly comprises a large, enclosed porch leading into a magnificent reception hall, five double bedrooms, two bathrooms (plus an outside shower room and WC), four large reception rooms, and a breakfast kitchen. Outside, there is a generous, wide, south-facing lawned garden and a large outdoor swimming pool with several terraces.

Occupying a prime position on one of Solihull’s most aspirational roads, this wonderful home is in need of modernisation, but with its superb south-facing rear garden, exceptionally large frontage, and over 3,600 sq ft of accommodation, it offers enormous potential to become one of the standout family homes on this highly sought-after road. From the moment you approach Greenacres, you are immediately struck by the house's beautiful character. The property retains many of its original features, including stunning oak panelling, beams, stained glass windows, and original fireplaces.

The enclosed porch is a light and spacious entrance to the property, featuring lovely stained glass windows and original plasterwork. From here, we move into the fabulous reception hall. With its oak features, original brick inset fireplace, window seats, and heaps of character, this room creates a wonderfully warm welcome into the home. The spacious layout currently offers four delightful reception rooms, the largest of which is the drawing room at the rear. Three of the reception rooms have open gas fires, each retaining its original character. Some years ago, the rear of the property was extended to incorporate the drawing room, snug, and dining room, each now featuring beautiful tall arched windows and French doors to the rear, maximising views across the pool and gardens and providing access to the pool terraces.

The kitchen is currently fitted with a range of wall and base units and several high-end integrated Miele appliances, including a built-in electric oven and steam oven, a dishwasher, and a four-ring gas hob. There is also a Samsung American fridge freezer, a Blanco 1.5 stainless steel sink with a mixer tap, a cold filter water tap, and an Insinkerator. There is ample space for a breakfast table and chairs, but with the rear garage storage area adjacent, this is ideally placed to extend into and create a very large open-plan family breakfast kitchen. To the rear of the kitchen, double doors lead onto the patio, and to the left of this is a useful boot room, pool filter room, and boiler room housing the Ideal IMAX boiler. In addition to the main terrace, there is a charming private gravelled courtyard area with a water feature and access to the outside wet room and WC for the swimming pool. There is also a smartly fitted guest WC leading off the reception hall, fitted with a Porcelanosa NK suite with a vanity hand basin and low-level WC, together with a useful built-in cloakroom cupboard. The ground floor layout also incorporates a laundry room, accessed from the kitchen with space for washing machine and tumble dryer. From here, there is internal access to the large double garage with an electric door, and to the rear, with sliding floor-to-ceiling doors, is a further garage storage area behind.

The magnificent solid oak dog-leg staircase, with lovely detailed balustrades, the large picture window overlooking the rear gardens, and the gallery landing create a superb area to sit and read. Once at the top of the stairs, the landing splits off to two sides and leads to five double bedrooms, two bathrooms, and access to a sizable loft space.

Outside

Set back from Alderbrook Road, Greenacres has a generous and smartly presented frontage. The block-paved driveway provides ample parking for around 10 cars, and the large lawned garden, with its beautiful mature Acer, is privately screened behind an abundance of tall trees, shrubbery, and deep hedges. There is gated access to one side through a tall arched door set into a high wall, offering privacy and security. To the front of the property, several stunning hydrangeas perfectly frame the entrance to this delightful home.

The rear garden offers something for all the family, and with a southerly aspect, it’s perfectly situated to make the most of sunny days by the pool. Spanning the width of the house are the large terraces interspersed with mature shrubs and flower beds. This generous terrace provides ample space to entertain, dine al fresco, and enjoy lazy days by the pool. The pool is heated and has a fully operational filtration system. There are wide steps leading down to the shallow end, which gently slopes down to a diving depth at the other end. To the side of the main terrace, a wall separates the gravelled courtyard that leads from the boot room. This lovely, enclosed garden area features tall mature bamboo screening and a charming water feature. There is also a glass and aluminium-framed greenhouse, and the large sweeping lawn is perfect for children to enjoy. The garden is well screened with tall trees and shrubbery, creating peace and tranquillity away from busy life.

Mains Gas, Electric, Water and Drainage
Gas Central Heating
Broadband: High-speed broadband available; We suggest you check with your provider.
Tenure : Freehold | EPC: D | Council Tax Band: H
Parking: Attached Garage; Driveway 4+

Agent Details

Fine & Country, Birmingham

0121 387 6323

Next Steps?

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