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 work2-bedroom flat · WS13 6PR
Sold STCListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase this stylish modern two-bedroom apartment, offered with NO ONWARD CHAIN and located in a prime central position in the New Minster building close to Minster Pool, Beacon Park and a stone's throw from all Lichfield has to offer.
A secure video entry system leads to the communal hallway and a generous storage facility for each apartment, ideal for storing larger items including bicycles.
A lift is available for the upper floors and a secure rear door leads out to Minster Pool.
On entry the apartment features two large storage cupboards and a door into the open-plan kitchen/living area.
The fitted kitchen includes an integrated fridge/freezer, washer/dryer, Siemens dishwasher and Neff oven and hob.
The living area has space for a dining table and sofas and floor to ceiling shutters offers privacy through the large feature windows. Bedroom one has a built-in wardrobe and an en-suite shower room.
Bedroom two is an ideal guest bedroom, home office or second sitting room. The main bathroom has tiled walls, a vanity sink unit and shower over the bath.
A gated parking space is available with the property at a cost of £500 per year. Lease Details - we have been advised there are 104 years remaining on the lease.
The service charge costs are £925.41 per quarter and the ground rent is £175 per annum. Call Paul Carr Estate Agents Lichfield to arrange an appointment to view!
Entrance Hall Open Living / Kitchen / Diner 6.26m (20'7") max x 5.10m (16'9") max Bedroom 1 5.20m (17'1") x 3.30m (10'10") En-suite Bedroom 2 4.00m (13'2") x 2.60m (8'6") Bathroom
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
FAQ
About New Minster House, Bird Street, Lichfield
Explore nearby
