4 Bed Detached House, Refurb/BRRR, Solihull, B91 1LN, £500,000

Dorchester Road, Solihull, B91 1LN - 4 views - 24 days ago

Auction
Refurb/BRRR
Planning
~129 m²
+2 photos

ValuationFair Value

Sold Prices£361K - £1.3M
Sold Prices/m²£3.1K/m² - £7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.9K/m²

Value Estimate

£500,000

 

 

End Value (After Refurb)

£612,271

Uplift in Value

+22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£41,200

Refurb Costs

£50,800

Bridging Loan Interest

£13,125

Total Cash In

£231,875

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£612,271

Mortgage (After Refinance)

£459,203

Mortgage LTV

75%

Cash Released

£84,203

Cash Left In

£147,672

Equity

£153,068

Rent Range

£1,325 - £3,900

Rent Estimate

£2,119

Running Costs/mo

£2,357

Cashflow/mo

£-238

Cashflow/yr

£-2,858

Gross Yield

5%

Local Sold Prices

50 sold prices from £361K to £1.3M, average is £615K. £3.1K/m² to £7K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£700K05/210.08 mi20, Dorchester Road, Solihull, West Midlands B91 1LW4
£692.5K04/210.08 mi33, Dorchester Road, Solihull, West Midlands B91 1LW4
£660K07/210.13 mi445a, Streetsbrook Road, Solihull, West Midlands B91 1QZ4
£589.5K08/230.13 mi453, Streetsbrook Road, Solihull, West Midlands B91 1QZ4
£735K11/210.16 mi6, Upwey Avenue, Solihull, West Midlands B91 1LR4
£575K03/210.19 mi10, Winterbourne Road, Solihull, West Midlands B91 1LU4
£700K11/200.25 mi53, Broad Oaks Road, Solihull, West Midlands B91 1HY4
£580K08/210.25 mi87, Broad Oaks Road, Solihull, West Midlands B91 1HY4
£705K02/230.32 mi3, The Crescent, Solihull, West Midlands B91 1JP4
£530K04/210.34 mi500, Warwick Road, Solihull, West Midlands B91 1AG4
£530K04/210.34 mi500, Warwick Road, Solihull, West Midlands B91 1AG4
£595K11/200.34 mi472, Warwick Road, Solihull, West Midlands B91 1AG4
£630K01/210.35 mi11, Stonor Park Road, Solihull, West Midlands B91 1EH4
£700K02/210.35 mi17, Stonor Park Road, Solihull, West Midlands B91 1EH4
£361K02/210.37 mi37, Milcote Road, Solihull, West Midlands B91 1JN4
£825K06/210.39 mi26, Welcombe Grove, Solihull, West Midlands B91 1PD4
£1.3M07/230.39 mi16, Welcombe Grove, Solihull, West Midlands B91 1PD4
£745K12/210.4 mi25, Poolfield Drive, Solihull, West Midlands B91 1SH4
£780K03/230.41 mi9, White House Way, Solihull, West Midlands B91 1SR4
£1.0M11/220.41 mi48, Silhill Hall Road, Solihull, West Midlands B91 1JU4
£430K11/230.42 mi45, Poolfield Drive, Solihull, West Midlands B91 1SH4
£495K08/230.42 mi5, Beauchamp Road, Solihull, West Midlands B91 2BX4
£493K06/210.42 mi23, Beauchamp Road, Solihull, West Midlands B91 2BX4
£495K12/200.44 mi88, Beauchamp Road, Solihull, West Midlands B91 2BU4
£550K08/230.44 mi48, Beauchamp Road, Solihull, West Midlands B91 2BU4
£910K03/230.45 mi44, Silhill Hall Road, Solihull, West Midlands B91 1JU4
£625K11/220.46 mi56, Sharmans Cross Road, Solihull, West Midlands B91 1RQ4
£795K03/210.46 mi48, Sharmans Cross Road, Solihull, West Midlands B91 1RQ4
£550K04/210.49 mi97, Seven Star Road, Solihull, West Midlands B91 2BZ4
£590K06/230.49 mi99, Seven Star Road, Solihull, West Midlands B91 2BZ4
£830K01/210.51 mi10, Birch Tree Grove, Solihull, West Midlands B91 1HD4
£525K01/210.51 mi96, Seven Star Road, Solihull, West Midlands B91 2BW4
£760K07/230.52 mi6, Bryanston Road, Solihull, West Midlands B91 1EL4
£615K11/220.55 mi16, Thornby Avenue, Solihull, West Midlands B91 2BJ4
£530K01/210.57 mi5, Woodfield Road, Solihull, West Midlands B91 2DW4
£612K07/230.58 mi30, Naseby Road, Solihull, West Midlands B91 2DR4
£625K02/230.58 mi9, Naseby Road, Solihull, West Midlands B91 2DR4
£543.4K02/210.58 mi59, Naseby Road, Solihull, West Midlands B91 2DR4
£630K09/230.58 mi10, Naseby Road, Solihull, West Midlands B91 2DR4
£666K02/210.6 mi7, Woodlea Drive, Solihull, West Midlands B91 1PE4
£615K08/230.6 mi23, Cheltondale Road, Solihull, West Midlands B91 1EJ4
£470K11/200.61 mi81, Stonor Park Road, Solihull, West Midlands B91 1EQ4
£572K10/230.61 mi102, Stonor Park Road, Solihull, West Midlands B91 1EQ4
£478K02/210.61 mi90, Stonor Park Road, Solihull, West Midlands B91 1EQ4
£585K11/220.63 mi24, Cheltondale Road, Solihull, West Midlands B91 1EJ4
£684K07/230.64 mi9, Claverdon Close, Solihull, West Midlands B91 1QP4
£535K04/210.64 mi22, Woodfield Road, Solihull, West Midlands B91 2DN4
£685K10/210.65 mi4, Whitefields Crescent, Solihull, West Midlands B91 3NU4
£626.5K02/210.66 mi16, Wadleys Road, Solihull, West Midlands B91 1JJ4
£585K03/230.67 mi48, Ferndown Road, Solihull, West Midlands B91 2BA4

Local Rents

12 rents from £1.3K/mo to £3.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95011/240.14 mi-3
£1,95010/240.14 mi-3
£2,50002/240.15 mi-4
£1,45012/240.15 miArley Road, Solihull3
£1,32512/240.3 miBroad Oaks Road, Solihull3
£3,90012/240.36 miWarwick Road, Solihull, West Midlands, B916
£2,20012/240.4 miBeauchamp Road, Solihull3
£2,50012/240.41 miWarwick Road, Solihull3
£1,60012/240.44 miBeauchamp Road, Solihull, B91 2BU4
£2,50012/240.51 miBirch Tree Grove, Solihull4
£1,80012/240.52 miBryanston Road, SOLIHULL3
£1,75012/240.52 miBryanston Road, Solihull, B91 1EL3

Local Area Statistics

Population in B91

33,236

Population in Solihull

141,829

Town centre distance

2.54 miles away

Nearest school

0.50 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £500,000

April 3, 2025

Floor Plans

Description

  • Livestream Auction: 7th May 2025 @ 6.00 pm +
  • Bidding Registration Required +
  • Viewings Via Appointment +

This four bedroom detached family home is situated in a popular location close to Solihull centre which boasts excellent shopping facilities, transport links and direct trains to London and Birmingham from Solihull Train Station.
The property although needing some modernisation offers plenty of potential, making it an ideal investment for a growing family. 
Boasting a south facing garden there is scope for extension (subject to Planning Permission) and offers a large driveway and a larger than average garage.
In greater detail, the property comprises:-

Agent Details

Auction House Birmingham & Black Country, Aldridge., Aldridge

0121 387 6578

Next Steps?

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