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See how verdicts work2-bedroom flat · WS13 7DR
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to purchase a first floor two bedroom apartment, with a long lease, garage and parking space, set within lawned communal gardens on Lichfield's rural fringe, yet still within easy reach of the City Centre.
The property is flooded with natural light and benefits from communal gardens to the rear and a pleasant green outlook to the front.
The apartment is located on the first floor and extends to 569 square feet comprising: A communal hallway with storage room and access to the gardens, apartment hallway, living and dining room, kitchen, inner hallway with airing cupboard, two bedrooms and a bathroom with bath and shower over.
Externally you have full use of the communal gardens and the rare benefit of a single garage and parking space.
Viewing is essential to appreciate the size and charm of this property and the attractive setting and desirable location.
Internal Accommodation - Communal Entrance Hallway With Storage Cupboard • Apartment Hallway • Living Room • Kitchen • Inner Hallway With Airing Cupboard • Bathroom • Bedroom One With Built In Wardrobe • Bedroom Two Outside - Lawned Communal Front Gardens • Rear Enclosed Communal Lawned Gardens With Seating Areas • Allocated Parking Space In Communal Car Park • Single Garage (2nd from right) Further Information - Leasehold With 999 Years From 1979 (TBC By Solicitor) • Ground Rent, Service Charge & Building Insurance - £95 PCM • Council Tax Band B • Energy Rating D • Upvc Double Glazed Windows • Gas Central Heating • All Mains Services • No Pets
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 Garrick Road, Lichfield
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