1-bedroom house · WS13 6XD
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally positioned within the sought-after Homelodge House development on Castle Dyke, this superb property enjoys a prime setting just a short stroll from Lichfield city centre, offering an excellent range of shops, cafés, restaurants, and local amenities.
Situated within the Homelodge House development, this property enjoys a prime position just a short walk from Lichfield city centre.
The area offers a superb range of amenities including shops, cafés, restaurants, and leisure facilities, along with the beautiful Lichfield Cathedral and Beacon Park nearby.
Excellent transport links including Lichfield City and Trent Valley train stations, provide convenient access to Birmingham and beyond.
This is an ideal location for those seeking a blend of city living and everyday convenience.
The accommodation is thoughtfully arranged over one floor, comprising a welcoming entrance hall, a spacious living room with doors opening onto the balcony, a fitted kitchen, a master bedroom with built-in wardrobes, a well-appointed bathroom, and access to a range of communal facilities including a lounge with kitchenette, a laundrette, and the presence of an on-site warden.
Offered to the market with no upward chain, this fantastic property presents an excellent opportunity for a smooth and hassle-free purchase.
Entrance Hall Upon entry, a door leads into the entrance hall, complete with a built-in storage cupboard and a pull-cord alarm for added safety.
The hallway then provides access to the bathroom, bedroom, and living room.
Bathroom The bathroom comprises a modern white suite, featuring a low-level WC and a vanity unit with basin and chrome mixer taps. A spacious double walk-in shower with a Mira shower is also included.
The room benefits from panelled walls and ceiling, a white heated towel radiator, tile-effect flooring, and an extractor fan.
Master Bedroom A generously sized master bedroom, complete with built-in double wardrobes with mirrored glass frontage.
The room also benefits from an electric heater, decorative ceiling coving, and a uPVC double-glazed window with a top-opening panel.
Living / Dining Room A generously sized living room, complete with an electric heater and a contemporary wall-mounted electric fire. uPVC double doors provide direct access to the street.
The room is enhanced by ceiling coving and wall lighting, with plenty of space for a dining area.
Kitchen The kitchen is fitted with matching white wall and base units, with space for a fridge freezer.
It features an integrated oven and four-ring electric hob, along with a sink and chrome mixer tap. Additional benefits include a tiled splashback and ceiling coving.
On Site Facilities Residents benefit from a range of communal facilities, including a lounge with kitchenette, a laundrette, and the presence of an on-site warden.
The building is serviced by a lift to all floors and also offers a well-maintained outdoor area and parking.
Tenure We understand the property to be leasehold, with a lease of 99 years from 1st September 1985. We understand there to be a ground rent payable of £234.05 every 6 months.
We also understand there to be a service charge payable, with the most recent figures advised to be in the region of £1451.39 every 6 months.
All tenure information provided is in good faith only and should ultimately be verified by any prospective buyer's solicitor.
Value & comps
No previous sales on record.
Returns
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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 Homelodge House, Castle Dyke, Lichfield, WS13 6XD - City Centre & No Upward Chain
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