3 Bed Semi-Detached House, Refurb/BRRR, Oldbury, B69 3HA, £89,000





ValuationFair Value
Sold Prices | £100K - £280K |
Sold Prices/m² | £1.3K/m² - £3.5K/m² |
| |
Square Metres | 65 m² |
Price/m² | £1.4K/m² |
Value Estimate | £90,780£90,780 |
| |
End Value (After Refurb) | £121,711£121,711 |
Uplift in Value | +37%+37% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £22,250£22,250 |
Stamp Duty & Legal Fees | £3,870£3,870 |
Refurb Costs | £25,720£25,720 |
Bridging Loan Interest | £2,336£2,336 |
Total Cash In | £55,927£55,927 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £121,711£121,711 |
Mortgage (After Refinance) | £91,283£91,283 |
Mortgage LTV | 75%75% |
Cash Released | £24,533£24,533 |
Cash Left In | £31,394£31,394 |
Equity | £30,428£30,428 |
Rent Range | £525 - £1,400£525 - £1,400 |
Rent Estimate | £1,101 |
Running Costs/mo | £621£621 |
Cashflow/mo | £480£480 |
Cashflow/yr | £5,765£5,765 |
ROI | 10%10% |
Gross Yield | 15%15% |
Local Sold Prices
50 sold prices from £100K to £280K, average is £178.5K. £1.3K/m² to £3.5K/m², average is £2.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£235K | 03/21 | 0.04 mi | 91, Albion Street, Oldbury, West Midlands B69 3EY | £1,536 | 153 | 3 | Detached House | |
£121K | 10/20 | 0.06 mi | 151, Dudley Road East, Oldbury, West Midlands B69 3DT | £1,833 | 66 | 3 | Semi-Detached House | |
£160K | 11/22 | 0.13 mi | 50, Theodore Close, Oldbury, West Midlands B69 3EF | £2,078 | 77 | 3 | Terraced House | |
£180K | 02/21 | 0.13 mi | 57, Theodore Close, Oldbury, West Midlands B69 3EF | - | - | 3 | Semi-Detached House | |
£265K | 07/22 | 0.23 mi | 70, Summerton Road, Oldbury, West Midlands B69 2GF | £3,495 | 76 | 3 | Detached House | |
£214K | 09/21 | 0.27 mi | 2, George Wood Avenue, Oldbury, West Midlands B69 2GG | £2,822 | 76 | 3 | Semi-Detached House | |
£205K | 03/21 | 0.27 mi | 4, George Wood Avenue, Oldbury, West Midlands B69 2GG | £2,704 | 76 | 3 | Semi-Detached House | |
£225K | 06/22 | 0.29 mi | 3, Embassy Road, Oldbury, West Midlands B69 2GD | £2,922 | 77 | 3 | Detached House | |
£240K | 04/21 | 0.3 mi | 2, Embassy Road, Oldbury, West Midlands B69 2GD | £3,038 | 79 | 3 | Detached House | |
£200K | 05/23 | 0.35 mi | 73, Brades Rise, Oldbury, West Midlands B69 2HG | £1,811 | 110 | 3 | Terraced House | |
£232K | 07/22 | 0.36 mi | 17, Regan Drive, Oldbury, West Midlands B69 2GB | £3,053 | 76 | 3 | Detached House | |
£185K | 11/20 | 0.37 mi | 60, Shinwell Crescent, Tividale, Oldbury, West Midlands B69 3LQ | £1,796 | 103 | 3 | Terraced House | |
£245K | 04/21 | 0.4 mi | 6, Morgan Close, Oldbury, West Midlands B69 2GA | £2,207 | 111 | 3 | Detached House | |
£200K | 10/20 | 0.42 mi | 38, Lower City Road, Tividale, Oldbury, West Midlands B69 2HF | £2,443 | 82 | 3 | Semi-Detached House | |
£140K | 04/21 | 0.42 mi | 94, Dingle Street, Oldbury, West Midlands B69 2DY | - | - | 3 | Terraced House | |
£186.5K | 06/21 | 0.42 mi | 41, St James Road, Oldbury, West Midlands B69 2EA | £2,361 | 79 | 3 | Semi-Detached House | |
£190K | 06/21 | 0.44 mi | 78, St James Road, Oldbury, West Midlands B69 2DX | £1,696 | 112 | 3 | Semi-Detached House | |
£177K | 09/21 | 0.46 mi | 79, Ashtree Road, Tividale, Oldbury, West Midlands B69 2HH | £2,425 | 73 | 3 | Terraced House | |
£160K | 11/20 | 0.46 mi | 78, Ashtree Road, Tividale, Oldbury, West Midlands B69 2HH | £2,105 | 76 | 3 | Semi-Detached House | |
£210K | 12/20 | 0.46 mi | 87, Ashtree Road, Tividale, Oldbury, West Midlands B69 2HH | £2,958 | 71 | 3 | Semi-Detached House | |
£150K | 06/21 | 0.46 mi | 30, Florence Road, Oldbury, West Midlands B69 2DN | - | - | 3 | Terraced House | |
£177K | 03/23 | 0.46 mi | 68, Florence Road, Oldbury, West Midlands B69 2DN | - | - | 3 | Terraced House | |
£213.9K | 03/23 | 0.48 mi | 3, The Dingle, Oldbury, West Midlands B69 2DT | £3,507 | 61 | 3 | Terraced House | |
£157K | 05/21 | 0.49 mi | 3, Florence Road, Oldbury, West Midlands B69 2DW | - | - | 3 | Semi-Detached House | |
£140K | 06/23 | 0.5 mi | 28, Dudley Road East, Tividale, Oldbury, West Midlands B69 3HJ | £1,728 | 81 | 3 | Terraced House | |
£166K | 01/21 | 0.5 mi | 41, Ashtree Road, Tividale, Oldbury, West Midlands B69 2HD | £2,274 | 73 | 3 | Semi-Detached House | |
£150K | 10/20 | 0.5 mi | 48, Ashtree Road, Tividale, Oldbury, West Midlands B69 2HD | £1,899 | 79 | 3 | Semi-Detached House | |
£280K | 11/20 | 0.52 mi | 15, Lower City Road, Tividale, Oldbury, West Midlands B69 2HA | £2,800 | 100 | 3 | Detached House | |
£175K | 06/21 | 0.53 mi | 9, New Birmingham Road, Tividale, Oldbury, West Midlands B69 2JJ | £2,652 | 66 | 3 | Semi-Detached House | |
£148K | 04/23 | 0.55 mi | 15, Tower Road, Tividale, Oldbury, West Midlands B69 1ND | £2,298 | 64 | 3 | Semi-Detached House | |
£155K | 04/21 | 0.55 mi | 35, Dovey Road, Tividale, Oldbury, West Midlands B69 1NT | - | - | 3 | Semi-Detached House | |
£268K | 06/22 | 0.57 mi | 2, Leslie Rise, Tividale, Oldbury, West Midlands B69 1LT | - | - | 3 | Detached House | |
£199K | 04/23 | 0.57 mi | 6, Leslie Rise, Tividale, Oldbury, West Midlands B69 1LT | - | - | 3 | Semi-Detached House | |
£177K | 03/21 | 0.57 mi | 35, Leslie Rise, Tividale, Oldbury, West Midlands B69 1LT | £2,299 | 77 | 3 | Semi-Detached House | |
£186K | 09/21 | 0.6 mi | 61, Temple Way, Tividale, Oldbury, West Midlands B69 3JR | - | - | 3 | Semi-Detached House | |
£148K | 02/21 | 0.6 mi | 75, Temple Way, Tividale, Oldbury, West Midlands B69 3JR | £1,682 | 88 | 3 | Terraced House | |
£185K | 04/23 | 0.61 mi | 21, Tower Road, Tividale, Oldbury, West Midlands B69 1NB | £2,500 | 74 | 3 | Semi-Detached House | |
£185.5K | 09/21 | 0.61 mi | 41, Tower Road, Tividale, Oldbury, West Midlands B69 1NB | - | - | 3 | Semi-Detached House | |
£168.5K | 01/23 | 0.61 mi | 20, Mckean Road, Oldbury, West Midlands B69 4AY | £2,080 | 81 | 3 | Terraced House | |
£150K | 11/21 | 0.62 mi | 14, Lawley Street, West Bromwich, West Midlands B70 9DU | - | - | 3 | Semi-Detached House | |
£175K | 08/21 | 0.62 mi | 46, Mckean Road, Oldbury, West Midlands B69 4AZ | - | - | 3 | Semi-Detached House | |
£210K | 03/21 | 0.64 mi | 149, City Road, Tividale, Oldbury, West Midlands B69 1QP | £2,147 | 98 | 3 | Semi-Detached House | |
£190K | 04/23 | 0.64 mi | 155, City Road, Tividale, Oldbury, West Midlands B69 1QP | £2,317 | 82 | 3 | Semi-Detached House | |
£171K | 01/21 | 0.64 mi | 93, Macdonald Close, Tividale, Oldbury, West Midlands B69 3LD | £1,800 | 95 | 3 | Semi-Detached House | |
£188K | 09/21 | 0.64 mi | 79, Macdonald Close, Tividale, Oldbury, West Midlands B69 3LD | - | - | 3 | Terraced House | |
£123.5K | 11/22 | 0.65 mi | 113, Oldbury Road, West Bromwich, West Midlands B70 9EA | £1,314 | 94 | 3 | Terraced House | |
£100K | 11/21 | 0.66 mi | 102, Mckean Road, Oldbury, West Midlands B69 4BA | - | - | 3 | Terraced House | |
£164.3K | 12/20 | 0.67 mi | 16, Timothy Road, Tividale, Oldbury, West Midlands B69 1NS | £1,932 | 85 | 3 | Semi-Detached House | |
£160K | 06/21 | 0.68 mi | 68, Tower Road, Tividale, Oldbury, West Midlands B69 1NA | £2,162 | 74 | 3 | Semi-Detached House | |
£165K | 03/21 | 0.68 mi | 87, Tower Road, Tividale, Oldbury, West Midlands B69 1NA | £2,200 | 75 | 3 | Semi-Detached House |
Local Rents
47 rents from £525/mo to £1.4K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,150 | 11/23 | 0.04 mi | - | 3 | Terraced House | |
£1,250 | 12/24 | 0.11 mi | - | 3 | Semi-Detached House | |
£1,375 | 12/24 | 0.24 mi | - | 3 | Detached House | |
£1,000 | 12/24 | 0.3 mi | Embassy Road, Oldbury, B69 | 3 | Detached House | |
£1,250 | 12/24 | 0.31 mi | - | 3 | Terraced House | |
£1,000 | 12/24 | 0.41 mi | Fountain Lane, OLDBURY | 3 | Detached House | |
£1,150 | 04/25 | 0.47 mi | - | 3 | Semi-Detached House | |
£975 | 12/23 | 0.49 mi | - | 3 | Semi-Detached House | |
£1,250 | 04/25 | 0.54 mi | - | 3 | Semi-Detached House | |
£1,250 | 03/25 | 0.64 mi | - | 3 | Terraced House | |
£950 | 02/24 | 0.68 mi | - | 3 | Semi-Detached House | |
£995 | 03/25 | 0.68 mi | - | 3 | Semi-Detached House | |
£1,250 | 01/25 | 0.71 mi | - | 3 | Detached House | |
£1,090 | 02/25 | 0.74 mi | - | 3 | Semi-Detached House | |
£1,075 | 02/25 | 0.74 mi | - | 3 | Semi-Detached House | |
£1,400 | 12/23 | 0.76 mi | - | 3 | Semi-Detached House | |
£1,400 | 03/24 | 0.76 mi | - | 3 | Semi-Detached House | |
£1,200 | 02/24 | 0.81 mi | - | 3 | Semi-Detached House | |
£875 | 01/25 | 0.83 mi | - | 3 | Semi-Detached House | |
£975 | 03/25 | 0.83 mi | - | 3 | Semi-Detached House | |
£1,200 | 03/25 | 0.84 mi | - | 3 | Terraced House | |
£1,000 | 12/24 | 0.84 mi | Callaghan Drive, Tividale, OLDBURY | 3 | Flat | |
£1,300 | 02/24 | 0.84 mi | - | 3 | Semi-Detached House | |
£1,250 | 12/23 | 0.86 mi | - | 3 | Flat | |
£1,250 | 12/24 | 0.87 mi | Ludgate Close, Tividale, Oldbury, West Midlands, B69 | 3 | Detached House | |
£525 | 12/24 | 0.87 mi | - | 3 | Semi-Detached House | |
£1,200 | 01/25 | 0.89 mi | - | 3 | Semi-Detached House | |
£850 | 12/24 | 0.92 mi | - | 3 | Semi-Detached House | |
£1,000 | 12/24 | 0.92 mi | - | 3 | Terraced House | |
£995 | 12/24 | 0.94 mi | Elm Terrace, Oldbury | 3 | Flat | |
£850 | 12/24 | 0.95 mi | Newbury Lane, Oldbury, West Midlands, B69 | 3 | Detached House | |
£1,050 | 03/25 | 0.99 mi | - | 3 | Terraced House | |
£1,175 | 12/24 | 1 mi | - | 3 | Semi-Detached House | |
£1,200 | 12/24 | 1.04 mi | - | 3 | Detached House | |
£1,200 | 12/24 | 1.04 mi | - | 3 | Detached House | |
£1,050 | 02/24 | 1.1 mi | - | 3 | Semi-Detached House | |
£1,250 | 12/24 | 1.13 mi | Leopard Lane, WEST BROMWICH | 3 | Flat | |
£1,195 | 12/24 | 1.14 mi | Packwood Road, Tividale, Oldbury , B69 1UL | 3 | Detached House | |
£1,350 | 03/25 | 1.16 mi | - | 3 | Semi-Detached House | |
£1,050 | 12/24 | 1.16 mi | Phoenix Street, West Bromwich,West Midlands, B70 | 3 | Terraced House | |
£1,200 | 01/25 | 1.19 mi | - | 3 | Terraced House | |
£1,050 | 12/24 | 1.22 mi | Railway Street, West Bromwich, B70 | 3 | Terraced House | |
£1,050 | 03/24 | 1.22 mi | - | 3 | Terraced House | |
£1,200 | 03/25 | 1.22 mi | - | 3 | Terraced House | |
£1,050 | 02/24 | 1.22 mi | - | 3 | Terraced House | |
£1,100 | 12/24 | 1.22 mi | Mason Street, West Bromwich, B70 | 3 | Terraced House | |
£1,050 | 12/24 | 1.22 mi | Mason Street, West Bromwich, B70 | 3 | Terraced House |
Local Area Statistics
Population in B69 | 29,01129,011 |
Population in Oldbury | 59,93559,935 |
Town centre distance | 1.36 miles away1.36 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.61 miles away0.61 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +16%+16% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +28%+28% |
Property History
Listed for £89,000
February 28, 2025
Floor Plans


Description
For Sale By Public Auction on 27 March 2025 starting at 08:30 AM - A vacant freehold semi detached property
A semi detached property standing back from the road behind a shared driveway and foregarden.
Accommodation
Ground Floor: Porch, Hall, Understairs Cupboards, Two Reception Rooms, Kitchen.
First Floor: Landing, Three Bedrooms, Bathroom/WC.
Outside: Gardens.
The property benefits from having a gas fired central heating system and UPVC double glazing however it is in need of modernisation.
Auctioneer's Note
Please note that the completion period for this property is 8 weeks (56 days).
Please note no offers will be considered prior to the Auction Sale.
Viewing Times
Viewings will be carried out on a block viewing basis. The times and dates will be available from Thursday 6th March 2025, please revisit our website after this date.
Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.
Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.
*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.
Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.
The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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