2-bedroom bungalow · WS13 8YQ
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
30% shared ownership with sanctuary housing (staircasing option is available to purchase up to 70% value) A stunning 2 bedroom newly designed 12 month old link-detached bungalow home set within lovely private gardens with a huge garage and 2 car parking frontage.
The 636 sq.
Ft interior provides a versatile design appointed to a very high spec including a generously proportioned and welcoming reception hall, storage cupboard, an exceptionally spacious and well-designed open plan living room with lounge and dining space opening onto the rear garden and a high spec.
Kitchen with contemporary style units, worktops and upstands featuring integrated appliances including fan oven, induction hob and extractor, fridge/freezer, walk in pantry.
The bedroom accommodation features 2 excellent double bedrooms, with a very large and fully equipped shower room featuring double shower enclosure.
The cul de sac frontage has a driveway with parking in front of the garage and a well presented rear garden landscaped with flagged patio area, low maintenance lawned garden, a gated rear access, walled rear boundary, door to garage.
The freehold property features combi gas central heating and uPVC double glazing.
Chestnut Road is located off Oak Way, Streethay, an increasingly popular semi-rural hamlet approximately 3 miles from the Cathedral City of Lichfield, benefitting from catchment to King Edward VI, Streethay Primary School, and within walking distance of Trent Valley Rail Station providing direct commuter links to London Euston 985 mins) and Birmingham New St 9 37 mins from Lichfield City).
There are well established road links to surrounding midlands commercial centres via A38, M6 toll and M42/M40.
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
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FAQ
About 24, Chestnut Road, Lichfield
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