2-bedroom terraced house · WS14 0GJ
Sold STCListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
this beautifully presented two bedroomed property which is located in a popular residential area of Lichfield is perfect for first time buyers and potential investors.
Positioned well for access into the City centre and the transport links available as well as benefitting from open green space to the front.
Benefitting from gas central heating and UPVC double-glazing, the accommodation comprises of; Entrance Hallway, Guest WC, Kitchen and Living Room opening onto the rear garden.
First Floor Landing, Two Bedrooms and a Bathroom. Garden to the rear and two allocated parking spaces.
EPC rating - C Entrance Hallway - accessed via a UPVC double-glazed front door and having a ceiling light point, radiator, useful under stairs storage, wood effect laminate flooring and stairs leading to the first floor Guest Wc - having a pedestal hand wash basin with a tiled splash back and a close-coupled WC.
Ceiling light point, radiator and a UPVC double-glazed window to the front aspect Kitchen - have a range of wall and base units with roll top work surfaces and an inset stainless steel sink and drainer.
Electric oven with a gas hob and extractor hood above. Appliance spaces for a free-standing fridge-freezer, dishwasher and space with plumbing for a washing machine.
Inset ceiling spotlights, part tiling to walls, tiled flooring and a UPVC double-glazed window to the front aspect Living Room - having two ceiling light points, two radiators, co-ordinated wood effect laminate flooring, UPVC double-glazed window and UPVC double-glazed French doors onto the rear garden First Floor Landing - having a ceiling light point and loft access via a fitted ladder Bedroom One - benefitting from a fitted wardrobe providing hanging and storage space.
Ceiling light point, radiator and two UPVC double-glazed windows overlooking the front aspect Bedroom Two - again benefitting from a double fitted wardrobe providing hanging and storage space.
Ceiling light point, radiator and a UPVC double-glazed window overlooking the rear aspect Bathroom - having a four-piece suite comprising of a panelled bath, fully tiled shower cubicle with a mains powered overhead fitment, pedestal hand wash basin and a close-coupled WC.
Ceiling light point, extractor fan, part tiling to walls, radiator and tiled flooring Outside - the front of the property is set back from a pedestrian walkway the rear garden has a lawn with well established shrubs and a paved pathway which leads to a timber pedestrian gate giving access to the communal car park.
The property benefits from two allocated parking spaces Agents Note - We are advised by the seller that there is an annual charge of £250.00 for the general maintenance of the communal areas on the development **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
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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
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FAQ
About Armada Close, Lichfield
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