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 house · WS13 8PJ
Listing removedReduced £10k (−3.5%) on 21 JunListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two-bedroomed semi detached property sits just off of Fradley Lane on the outskirts of Lichfield.
Perfect for first time buyers and commuters, situated in a perfect position for transport links via the A38 and M6 to Birmingham, Derby and Lichfield.
In brief, the property comprises of; Entrance Hallway, Breakfast Kitchen, Utility, Shower Room, Dining Room, Living Room, First Floor Landing, Two Bedrooms and a Bathroom.
Garden to the Rear, Single Garage and Driveway Parking.
EPC rating - D Hallway Accessed via a UPVC double-glazed door and having a ceiling light point, radiator, stairs to the first floor with storage space underneath and a UPVC double-glazed window to the front aspect Living Room Having a feature brick fireplace with an electric fire.
Ceiling light point, radiator and a UPVC triple-glazed window to the front aspect.
Sliding door into the Dining Room Accessed via internal sliding doors and having a ceiling light point, radiator, window overlooking the kitchen and UPVC double-glazed French doors onto the rear garden Breakfast Kitchen Fitted with a range of wall and base units, roll top work surfaces and an inset stainless steel sink with drainer.
Space for an electric cooker and space for a free-standing fridge-freezer.
Ceiling light point, radiator and two UPVC double-glazed windows to the side aspect Utility Having space with plumbing for a washing machine.
Ceiling light point, vinyl flooring and a UPVC double-glazed door into the rear garden Shower Room Having a walk-in shower enclosure with an electric fitment and a close-coupled WC.
Ceiling light point, laminate flooring and UPVC double-glazed windows to the rear and side aspects First Floor Landing Having a ceiling light point, access to the loft space and a UPVC double-glazed window to the front aspect Bedroom One Having a range of fitted furniture providing ample hanging and storage space.
Ceiling light point, radiator.
UPVC double-glazed window to the rear aspect and a UPVC triple-glazed window to the front Bedroom Two Having a ceiling light point, radiator and a UPVC double-glazed window to the rear aspect Bathroom Having a panelled bath with an over head electric shower fitment, pedestal hand wash basin and a close-coupled WC.
Ceiling light point, radiator, airing cupboard housing the hot water tank and a UPVC double-glazed window to the front aspect Outside Agents Note The property runs on A septic tank and oil fired central heating The property runs alongside the a38 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
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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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
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FAQ
About 3, Rykneld Street, Lichfield
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