3-bedroom semi-detached house · WS14 9AG
Sold STCListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This traditional three-bedroom semi-detached family home is located on Greenwood Drive, a quiet and desirable cul-de-sac situated off Cherry Orchard in Lichfield.
Ideally situated close to excellent local schools, transport links and local amenities.
The property has exciting potential to extend and modernise and benefits from being within walking distance of Lichfield's city rail station and the city centre itself that is home to a range of boutique shops, cosy cafes, thriving markets and a fantastic selection of restaurants, bars, and pubs.
For commuters nearby road links include the A38, A51 and M6 Toll Road.
Internally the property comprises of an enclosed entrance porch with composite entrance door opening into the spacious hallway with carpeted stairs rising to the first floor landing and doors off to the living room, guest WC and kitchen.
There is a generously proportioned living room with carpeted flooring, ceiling light point and a uPVC double glazed window and door opening to the rear garden.
A sliding door leads into the dining room with carpeted flooring, wall light points and uPVC double glazed sliding doors opening out to the garden.
An opening gives access into kitchen that is fitted with a range of wall and base units, space for various freestanding kitchen appliances, a useful understairs storage property, door out to the side garden, a uPVC double glazed window to the rear and two ceiling lights.
Upstairs there are three generously sized double bedrooms and a family bathroom.
Outside to the front of the property is a driveway providing off-road parking for one vehicle giving access into the garage via an up and over door.
To the rear of the property is an enclosed garden with a paved patio seating area and lawn beyond.
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 Greenwood Drive, Lichfield
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