3-bedroom terraced house · WS13 7PX
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN VACANT PROPERTY SALE IDEAL FOR INVESTOR/FIRST TIME BUYER/REFURB PROJECT This spacious freehold 3 bedroom family terrace is located in a popular residential location off the top end of Dimbles Lane, close to Eastern Avenue and local amenities with rear garden having sunny aspect.
There is communal rear vehicular access & parking.
The versatile interior offers a blank canvass ideal for a full renovation and improvement project providing 978 sq ft floor space featuring an welcoming reception hall, cloak room and ground floor wc, spacious open plan lounge/dining room, kitchen with door to garden, 1st floor landing, 3 good size bedrooms, built in wardrobes, family bathroom.
Combi gas central heating, uPVC double glazing. Outside features a private sunny fenced rear garden with extensive flagged patio, gated rear access to communal parking area.
Occupying a very popular location within this established residential cul de sac off Eastern Avenue, within a mile of Lichfield's Historic Medieval City Centre with its vibrant shops, restaurants, gastro pubs and theatre.
There is a Co-op local store, Chemist and Health Surgery close by & easy access to Morrisons Superstore as well as The Willows Primary School, The Friary Senior School and Beacon Park.
The property is well placed for Lichfield Trent Valley Rail Station linking London Euston and Lichfield City Rail Station to Birmingham New Street Station.
A38 and M6 toll Road linking surrounding Midland Commercial Centres and National Motorway Network are within easy access.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Christopher Walk, Lichfield, Staffordshire, WS13
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