We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · WS13 7DH
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptionally well extended 3-storey, 3-bedroom Victorian end terrace home and garden, occupies an enviable position at the end of this delightful Mews of just 4 similar homes, prominently located in this very desirable area, just off Beacon Street within easy access of Beacon Park and Lichfields' histiric Cathedral City Centre .
Originally built at the turn of the19th century, this home is bursting with character from the stylish interior which has been sympathetically extended and renovated to provide a contemporary twist and boasts a charming, cosy but spacious living room with feature fire surround and sash window with custom shutters.
An inner door leads to a stunning well extended integrated open plan living space with kitchen, dining and family space, integrated appliances and access to a homely garden room with picturesque window views over the rear garden adding to the natural light that beams into this home.
Upstairs, the 1st floor landing leads to two excellent double bedrooms, a boutique style modern shower room and there is a staircase to an impressive 2nd floor further double bedroom.
The delightful, enclosed private rear garden is another string to this homes bow, with an extensive flagged patio, charming sized lawn and mature borders with boundary fencing.
Such a home is unusual to come by in such a prominent and sought after location, and a full internal inspection is strongly recommended.
So don't delay, call Emily at Dixons Lichfield to book your time slot now!
Occupying an enviable location within a sought after residential district just off Beacon Street, from where you can enjoy a delightful stroll into the very heart of Lichfield Medieval Cathedral City Centre with its vibrant shops, restaurants, gastro pubs and theatre.
This residential position is ideally placed for the family buyer located close to Chadsmead Primary School, walking distance to The Friary Senior School, local shops on Wheel Lane, Morrisons Superstore located on Beacon Street, as well as close proximity to Beacon Park, Lichfield Trent Valley Rail Station linking London Euston ( 85 mins) and Lichfield City Rail Station to Birmingham New Street station( 37 mins).
The A38 and M6 Toll Road linking surrounding Midland commercial Centres and National Motorway Network are within easy access.
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
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FAQ
About 23, Wheel Lane, Staffordshire
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