1-bedroom house · WS13 6QY
For saleListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor, this superbly located retirement apartment is situated in this desirable complext sitting alongside Beacon Park.
Conveniently located for Lichfield's city centre amenities the apartment has been much improved by the present owner with updated heating and newly fitted kitchen.
Just minutes from Lichfield city centre Andrews House is perfectly placed to take advantage of all that the cathedral city has to offer with its broad choice of leisure and shopping facilities.
With direct gated access on to Beacon Park there are plenty of opportunities for exercise and enjoying the lovely parkland and gardens.
Excellent facilities within Andrews House include a spacious residents lounge with kitchen, together with laundry and hairdressers.
Available with immediate vacant possession and with the benefit of no upward chain, an early viewing of this lovely apartment would be strongly recommended.
MAIN ENTRANCE approached via a secure entrance door and having two lifts rising to the second floor, with a personal entrance door opening to: PRIVATE RECEPTION HALL having Dimplex Quantum electric storage heater, laminate flooring, secure entry control and alarm unit and built-in airing cupboard housing a pre-lagged hot water cylinder, immersion heater and linen shelving.
LIVING ROOM 5.32m x 3.04m (17' 5" x 10' 0") having a continuation of the laminate flooring, Dimplex Quantum storage heater, window to front, coving to ceiling, T.V.
aerial point and door to: RECENTLY RE-FITTED KITCHEN 3.05m x 2.30m (10' 0" x 7' 7") having pre-formed work surface space with gloss doored base cupboards and drawers beneath, tiled splashbacks, matching wall mounted cupboards, single drainer sink unit with swan neck mixer tap, electric oven and grill, window to rear, built-in pantry/store cupboard and space for fridge/freezer.
SHOWER ROOM having suite comprising shower cubicle with Triton electric shower fitment, W.C. and pedestal wash hand basin, ceramic wall tiling and electric fan heater.
OUTSIDE There is ample resident and visitor parking space behind the gated entrance. Access can be gained to Beacon Park and there is a pleasant covered gazebo seating area for residents use.
LEASE TERMS The property is Leasehold with a 99t year lease from 27th November 1987 with a remaining current term of 60 years.
Please note the seller is in negotiation with the Managing Agents to extend the lease and may ask a buyer for a contribution towards the cost of this.
The building is currently managed by Midland Heart. There is a current Service Charge of £4,1007.12 per annum which is payable on a monthly basis in the sum of £342.26. COUNCIL TAX Band C.
FURTHER INFORMATION/SUPPLIES Mains drainage, water and electricity connected. For broadband and mobile phone speeds and coverage, please check the Ofcom website.
For further information please refer to Key Facts for Buyers.
ANTI-MONEY LAUNDERING AND ID CHECKS Once an offer is accepted on a property marketed by Bill Tandy and Company Estate Agents we are required to complete ID verification checks on all buyers, and to apply ongoing monitoring until the transaction ends.
Whilst this is the responsibility of Bill Tandy and Company, we may use the services of Guild 365 or another third party AML compliance provider.
This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks. The cost of these checks is £30.00 including VAT per buyer.
This is paid in advance when an offer is agreed, and once an offer is accepted on a property marketed by Bill Tandy and Company Estate prior to a sales memorandum being issued.
This charge is non-refundable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Andrews House, Lower Sandford Street, Lichfield, WS13
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