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See how verdicts work1-bedroom flat · WS13 6RU
Listing removedReduced £10k (−5.6%) on 4 AugListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located right in the heart of Lichfield with easy access to the city centre and all of the amenities available, close to the city train station, road links and the picturesque Beacon Park as well as being a stones throw from the historic Cathedral.
The property is located on the first floor and benefits from gas central heating and UPVC double-glazing.
The accommodation briefly comprises; Communal Entrance, Hallway with Storage, Living Room, Kitchen, Bedroom and Bathroom. Car parking space in the communal gated car park.
EPC rating - C Communal Entrance Accessed via the secure communal entrance door and stairs to the first floor Hallway With a wall mounted intercom system.
Inset ceiling spotlights, radiator, laminate flooring and a fitted storage cupboard Living Room Having a feature electric fire suite.
Inset ceiling spotlights, three radiators, laminate flooring and two UPVC double-glazed windows to the side aspect.
Open access to the Kitchen Having a range of wall and base units, roll top work surfaces and an inset stainless steel sink with drainer.
Electric oven, gas hob, extractor hood and appliance space for a fridge-freezer.
Inset ceiling spotlights, part tiling to walls, radiator and laminate flooring Bedroom Having a double fitted wardrobe providing hanging and storage space.
Inset ceiling spotlights, radiator, laminate flooring and a UPVC double-glazed window to the side aspect Bathroom Having a panelled bath with an over head mains powered shower fitment and screen, pedestal hand wash basin and a close-coupled WC.
Inset ceiling spotlights, extractor fan, part tiling to walls, radiator and laminate flooring Outside The property is located within well maintained grounds with wrought iron electric gates giving vehicular access to the secure car park.
There is also residents post boxes.
Agents Note The property is leasehold with approximately 101 years remaining on the lease There is an annual ground rent payable of £75.00 There is an annual service charge payable of £1,590.21 for maintenance of the communal areas, parking spaces and buildings insurance The property benefits from one allocated parking space 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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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 18, Charter Mews, Sandford Street, Lichfield
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