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Worthington Road, Lichfield

West Midlands

£280,000
Listed on 07/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This spacious detatched bungalow offers an excellent opportunity for renovation and investment, situated in the sought-after area of Fradley. The property features two bedrooms and a flexible living space, ideal for those looking to personalize a home or enhance its value. Upon entry, you are greeted by a hallway that leads to various rooms, including a generous lounge with ample dining space, perfect for entertaining. The kitchen, though in need of modern updates, provides a functional layout with potential for creative redesign. A conservatory extends from both bedrooms, offering additional living space and access to the rear garden. The sizable plot includes front and rear gardens that are fully enclosed for privacy, providing an appealing outdoor area that could be transformed into a personal oasis. The integral garage features a mechanics pit, adding practicality for those interested in automotive projects or additional storage options. Fradley is known for its community feel and excellent amenities. Residents benefit from proximity to shops, schools, and transportation links that connect easily to the city and surrounding areas. This property's combination of size and potential makes it particularly attractive for investors or buyers willing to undertake renovations. Whether you envision updating the interiors or expanding on the existing footprint (subject to planning permission), this bungalow represents a canvas ready for your vision. With no onward chain, it’s available for immediate consideration—an opportunity not to be missed in this popular location.

Investment Analysis

(WS13 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (WS13)

Area prices are falling by +2.6% over the last 12 months
3 year growth: 5.3%
5 year growth: 10.1%
Investment Disclaimer: Analysis based on WS13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Worthington Road, Lichfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE