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 work1-bedroom flat · WS13 7QW
For saleListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **A truly superb opportunity for those looking to get on the property ladder in central lichfield or any investor landlords looking to add to their portfolio** **fantastic location and A real must visit to be fully appreciated** description Occupying an enviable position within one of Lichfield's most desirable residential locations, this attractive ground floor one-bedroom apartment presents an exceptional opportunity for first-time buyers, professional couples, those looking to downsize, and savvy investors seeking a strong addition to their property portfolio.
Offering well-proportioned accommodation throughout and benefiting from a highly convenient setting close to the vibrant city centre, this superb home combines comfortable modern living with outstanding local amenities right on the doorstep.
Upon entering the property, prospective purchasers are welcomed into a bright and inviting interior that has been well maintained and presented in good condition throughout.
The heart of the home is the spacious open-plan kitchen and living area, providing a versatile and sociable space perfectly suited to both everyday living and entertaining.
The kitchen offers ample storage and worktop space, whilst the living area enjoys plenty of natural light, creating a warm and welcoming atmosphere.
The apartment further benefits from a generously sized double bedroom, offering a peaceful retreat at the end of the day, together with a well-appointed shower room finished in a practical and contemporary style.
The overall layout has been thoughtfully designed to maximise both comfort and functionality, making the property an ideal choice for a variety of purchasers.
*sure to be popular, call Connells today to book slot* Open Plan Kitchen Lounge 17' 3" max x 14' 6" max ( 5.26m max x 4.42m max ) Bedroom 14' 1" max x 8' 9" max ( 4.29m max x 2.67m max ) Shower Room Good Storage Residents Parking Close To Lichfield City Centre Externally Externally, residents enjoy the added advantage of parking facilities, providing valuable convenience in such a sought-after central location.
The apartment's position is undoubtedly one of its strongest features, being situated within easy reach of the historic city centre of Lichfield, renowned for its beautiful architecture, charming streets and excellent range of amenities.
A fantastic selection of shops, supermarkets, cafés, restaurants and popular pub eateries can all be found nearby, ensuring everything required for day-to-day living is within easy reach.
The area is also well served by reputable schools, leisure facilities and excellent transport links, making it an attractive place to live for both owner-occupiers and tenants alike.
Notes For Investors For investors, the property represents a particularly appealing proposition, benefiting from strong rental demand and the potential for an excellent rental yield.
Further details regarding anticipated rental income and investment returns are available upon request through Connells.
Combining an excellent location, well-presented accommodation and strong investment credentials, this delightful apartment is a rare opportunity not to be missed.
Early viewing is strongly recommended to fully appreciate everything this wonderful home has to offer and to secure a property in one of Lichfield's most popular and convenient locations.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 40, Wheel Lane, Lichfield
Explore nearby