2-bedroom terraced house · WS14 9BQ
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
this charming two bedroomed cottage is located in a great position for the City Centre and is offered for sale with no upward chain.
This lovely property is located within close proximity to local amenities, Shops and Schools.
Benefitting from gas central heating and UPVC double-glazing, the property in brief comprises of; Entrance Vestibule, Living Room, Dining Room and Kitchen.
First Floor Landing, Two Bedrooms and a Bathroom. Garden to front and courtyard garden to the rear.
EPC rating - D Entrance Vestibule - accessed via a upvc front door with a wooden entrance door giving access into the Living Room - having a brick based feature gas fireplace on a tiled hearth, ceiling light point, radiator and UPVC double glazed window to the front aspect Dining Room - having a ceiling light point, radiator, storage cupboard and stairs to the first floor.
UPVC double-glazed window to the rear aspect and access to the cellar Kitchen - having a range of wall and base units with rolltop work surfaces, stainless steel sink and drainer, gas hob and electric oven with a extractor fan and part tiling to walls.
Plumbing space for a washing machine, space for a free standing fridge-freezer and a wall-mounted boiler.
Ceiling light point, radiator, two UPVC windows to the rear and side aspect with a UPVC door giving access to the rear garden First Floor Landing - having a ceiling light point, loft access and an airing cupboard housing the water tank Bedroom One - having a ceiling light point, radiatior, decorative cast iron fireplace, fitted wardrobes and a UPVC double-glazed window to the front aspect Bedroom Two - having a ceiling light point, radiator and a UPVC double-glazed window to the rear aspect with cathedral views Bathroom - having a panelled bath with an overhead mains shower fitment, close-coupled WC and pedestal hand wash basin.
Ceiling light point, radiator, part tiling to walls and a UPVC double-glazed window to the rear aspect Outside - the front of the property is set back from the road and has a lawn with well established shrubs and hedges.
There is a paved pathway to the front entrance door.
There is a dropped kerb to allow parking on the lawn the rear of the property has a paved courtyard with mature shrubs, timber storage shed and a useful outside water tap Agents Note - Should you proceed with an offer on this property we have a legal obligation to perform Anti Money Laundering checks on behalf of HMRC.
We use our compliance partner, Coadjute, to perform these checks, for which they charge a fee
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Chapel Lane, Lichfield
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