3-bedroom house · WS14 0BX
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **viewing event Saturday 25th July** **cash buyers only** **no onward chain** **call Connells lichfield today to register your viewing slot** **viewing by appointment only** description phenomenal opportunity to purchase A large detached home in need of full renovation.
Situated on the outskirts of Lichfield City, this substantial detached family home presents an exciting opportunity for cash buyers, investors, or those seeking a rewarding renovation project.
Offered for sale as seen and requiring complete modernisation throughout, the property provides the perfect blank canvas to create a wonderful family home tailored to your own taste and specification.
The accommodation comprises a generously proportioned lounge, fitted kitchen, utility room, and a ground floor bathroom.
To the first floor are three well-sized bedrooms, offering excellent family accommodation.
Externally, the property benefits from space to create off-road parking, subject to the necessary works, together with a large rear garden that provides ample outdoor space for families and keen gardeners alike.
With its generous plot and existing footprint, the property also offers excellent potential for extension and further development, subject to the necessary planning permissions and building regulations.
This is a rare opportunity to acquire a detached home in a desirable location with enormous potential. Early viewing is highly recommended to fully appreciate the scope and possibilities on offer.
**please read agents note at the bottom of the listing** Lounge-Diner 27' 3" x 12' 3" ( 8.31m x 3.73m ) Kitchen-Diner 9' 9" x 13' 4" ( 2.97m x 4.06m ) Utility Room 7' 4" x 9' 6" ( 2.24m x 2.90m ) Ground Floor Bathroom First Floor Bedroom One 11' 10" x 12' 2" ( 3.61m x 3.71m ) Bedroom Two 11' 5" x 12' 2" ( 3.48m x 3.71m ) Bedroom Three 9' 11" x 9' 9" ( 3.02m x 2.97m ) Driveway Good Size Rear Garden Agents Note Please be advised that there is currently no staircase providing access to the first floor.
As a result, the property is considered unsuitable for mortgage lending and is therefore available to cash purchasers only.
Prospective purchasers wishing to inspect the first-floor accommodation may do so using the ladders provided. However, this is undertaken entirely at their own risk.
Neither the vendor nor the selling agent Connells, accepts any liability for any injury, loss, or damage arising from the use of the ladders or access to the first floor.
Viewers should only proceed if they are physically able and confident to do so. 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 advisors 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
FAQ
About Meryth, Walsall Road, Lichfield
Explore nearby