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See how verdicts work1-bedroom flat · WS14 9TP
Listing removedListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Downes and Daughters is proud to offer for sale this contemporary apartment located on the first floor of this breath taking development.
A selection of most unique and elegant dwellings have been created from the renovation and conversion of the existing Victorian Malt House, dating back to 1874, which is now preserved as a Grade II Listed building.
Poised elegantly in a central location only 0.5 miles from Lichfield City Station this impressive apartment is flooded with natural light from its double aspect and offers contemporary open plan living dripping with original features such as exposed brick work, arched windows and steel work.
Finished to an exacting standard with a Villeroy & Boch bathroom, oak flooring and a contemporary kitchen this apartment also benefits from being easily accessible up only one flight of stairs and close to the lift.
The internal accommodation comprises: entrance hallway with airing cupboard, open plan living, kitchen and dining room with that bright double aspect and a useful storage cupboard, double bedroom with built in wardrobe and a bathroom.
Externally there is the benefit of an allocated parking space within the gated car park and guest parking outside the gates.
Viewing is essential to appreciate the attractive nature of this delightful property and the abundant industrial heritage of the building.
Communal Areas - Exposed Brickwork • Original Steelwork • Solid Wood Flooring • Glazed Entrance Doors • Entrance Intercom • Lift Internal Accommodation - Entrance Hallway With Airing Cupboard • Double Aspect Open Plan Kitchen, Dining & Family Room (storage cupboard) • Double Bedroom With Built In Wardrobe • Bathroom With Villeroy & Boch Suite Outside - Private Secure Car Park • Allocated Parking Space • Landscaped Communal Grounds • 0.5 Miles From Lichfield City Station Further Information - Council Tax Band C • Leasehold 125 Years From 1st August 2014 (TBC By Solicitor) • Service Charge Of £181.46 PCM • Ground Rent Of £37.15 PCM (Capped) Grade II Listed • Mains Electric and Water Services • 0.5 Miles From Lichfield City Station • Energy Rating C
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.
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About Cairns Close, Lichfield
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