2-bedroom house · WS13 6QR
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jayman present this top-floor apartment located in Lichfield City Centre.
Ideally located in central Lichfield, designed for purchasers over the age of 60, this thoughtfully designed, well-equipped apartment benefits from an entrance hallway with intercom system, leading to an open-plan kitchen and living room.
The main bedroom benefits from a built-in wardrobe and a Jack & Jill style shower room, with the second bedroom having sliding-door access to the living area.
Chapter House has lift access to all floors, and also offers a communal lounge and well-maintained, landscaped gardens.
Leasehold Information - we are advised by the seller that there are approximately 992 years remaining on the lease.
There is an annual service charge of £6,515.53 There is an annual ground rent charge of £300.00 Parking £250 per annum, subject to availability.
Monks Close, Chapter House - Entrance Hallway - With storage cupboards and intercom system, with doors leading to; Bedroom 1 - 4.03 x 3.31 (13'2" x 10'10") - Good-size double bedroom, with floor-to-ceiling windows and built-in storage.
Access to bathroom. Bathroom - Modern bathroom with double shower, wash basin, wc and emergency pull cord.
Bedroom 2 / Dining Room - 2.45 x 4.0 (8'0" x 13'1") - Second bedroom / dining room with floor-to-ceiling windows and sliding door leading to open plan living area.
Kitchen - 4.71 x 3.28 (15'5" x 10'9") - Spacious, well-equipped fitted kitchen with a variety of storage cupboards and integrated appliances, including oven, electric hob with overhead extractor, microwave and dishwasher.
The kitchen also features a storage cupboard with washing machine and tumble dryer, and space for a dining table and chairs. Open plan to living room.
Living Room - 3.77 x 5.01 (12'4" x 16'5") - Generous living space with vaulted ceiling, and windows to fore and side. Outside - Well-maintained communal gardens. Like It? We Can Help You Buy It!
- Thinking of making this property your next home? At Jayman, we are here to help make the move as smooth and stress-free as possible.
Whether you require mortgage advice, help arranging finance, or need to sell your current property in order to secure your next purchase, our experienced team is on hand to guide you every step of the way.
Please speak to a member of our team for further information on how we can assist you and to arrange a free valuation of your home.
Disclaimer And Aml Checks - MONEY LAUNDERING REGULATIONS Should a purchaser(s) have an offer accepted on a property marketed by Jayman, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The intending purchaser(s) will be asked to pay a non-refundable compliance fee of £30.00 inc.
VAT per buyer for these checks and will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
1: These particulars do not constitute part or all of an offer or contract. 2: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
3: Potential buyers are advised to recheck the measurements before committing to any expense.
4: Jayman has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
5: Jayman 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 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.
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FAQ
About Monks Close, Lichfield
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