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See how verdicts work4-bedroom semi-detached house · WS13 7BH
Listing removedListed 60 daysAuction 9 Sep · ended
Opportunity summary
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About
Guide Price = £260,000 - £280,000 Property for auction on 9th September at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT Property Description: A traditional semi-detached house of two-storey brick construction surmounted by a pitched tile clad roof providing extensive and well laid out accommodation including three reception rooms, four bedrooms and occupying a large rectangular plot extending to an area of 0.14 acres (549 sq m).
The property benefits from newly installed UPVC double- glazed windows and external doors, along with a new gas-fired central heating system and further benefits from off road car parking.
The property forms part of the historic and highly regarded city of Lichfield located within 3/4 mile to the North-West Lichfield City Centre which provides a wealth of retail amenities, bars and restaurants, including Lichfield Gothic Cathedral famous for having three distinct spires.
Tenancy Information: The property is let on an assured tenancy at a current rental of £1,200 per calendar month (£14,400 per annum) and the current tenant has resided at the property for 25 years, having succeeded family members who originally took up occupation circa 1960's.
Accommodation: Ground Floor: Porch, Reception Hallway/Room: (L-shaped) 4.82m (max) x 3.71m with feature fireplace, Front Sitting Room: 4.64 into bay window x 3.62 (max), Kitchen: 2.68m x 3.36m, Side Entrance Hall, Toilet with wc, Dining Room: 3.34m x 2.75m with walk in pantry, Rear Sitting Room: 5.43m (max) x 3.51m First Floor: Stairs and Landing, Bedroom One: 3.83m x 3.57m, Bedroom Two: 3.78m x 2.75m, Bedroom Three: 4.34m x 3.53m, Bedroom Four: 3.76m x 2.76m with store, Bathroom: 2.4m x 1.85m with panel bath, pedestal wash basin and wc.
Outside: Front: Fore garden and driveway providing off road car parking, side pedestrian access to rear Rear: Patio and a long lawned garden Council Tax: D EPC Rating: D (57) Legal Documents: Available at Viewings: Via Cottons
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 278, Beacon Street, Lichfield
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