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See how verdicts work2-bedroom house · WS14 0BN
Listing removedReduced £5k (−1.9%) on 21 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful two bedroomed cottage dating back to 1883 has been updated by the current owner and is perfect for first time buyers.
Offered for sale with no chain and being positioned perfectly for access to Lichfield, Burntwood, Cannock and Walsall. Benefitting from gas central heating and UPVC double-glazing.
The accommodation briefly comprises; Living Room, Cellar, Kitchen and ground floor Shower Room. First Floor Landing and Two Bedrooms.
Driveway to the front and a generous garden with brick outbuilding to the rear garden with open views.
EPC rating - D Living Room Accessed via the UPVC double-glazed front entrance door and having a feature decorative fireplace with mantle and hearth.
Two ceiling light points, two radiators, laminate wood-effect flooring, UPVC double-glazed windows to the front and rear aspects and a door down to the Cellar Having ceiling and wall light points Kitchen Having a range of wall and base units with roll top work surfaces and an inset stainless steel sink and drainer.
Electric oven, induction hob and extractor fan, space for a free standing fridge-freezer and space with plumbing for a washing machine.
Two ceiling light points, loft space access, radiator, cupboard housing the central heating boiler, laminate wood-effect flooring, two UPVC double-glazed windows to the side aspect and a wooden door giving access to the rear garden Shower Room Having a walk-in shower enclosure with a mains powered over head fitment, pedestal hand wash basin and a low-level WC.
Ceiling light point, aqua panelling to walls, towel radiator, vinyl flooring and a UPVC double-glazed window to the side aspect First Floor Landing Having a ceiling light point and access to the bedrooms Bedroom One Having a ceiling light point, loft access, radiator and a UPVC double-glazed window to the front aspect Bedroom Two Having a ceiling light point, radiator, laminate wood-effect flooring and a UPVC double-glazed window to the rear aspect Outside The front of the property is set back from the road with a concrete driveway providing off road parking the rear of the property benefits from a generous garden with lawn, well established trees and hedges, paved patio seating area and a paved pathway.
There is screen fencing, a useful outside water tap and a timber pedestrian gate giving access to the side (this is via a right of access over the neighbouring property).
There is also a brick outbuilding providing storage which is accessed via a timber stable door and has light, power and windows to the rear and side Agents Note **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.** We are duty bound to disclose that the property is located on the A461 dual carriageway
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.
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FAQ
About 2 Melrose Cottages, Walsall Road, Lichfield
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