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Nursery Croft, LICHFIELD

West Midlands

£400,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached family residence presents an exciting opportunity for renovation and investment in a prime location near central Lichfield. The property features two generously sized reception rooms along with a substantial hallway that offers the potential to serve as a study area. With three bedrooms, a family bathroom, and an integral garage, the layout is versatile and ready for personal touches. The expansive attic space provides additional possibilities for future extensions (subject to planning permission). The mature and secluded garden complements this home's charm, making it an ideal setting for families. This property has been cherished by its previous owners, indicating a solid foundation for further development. Situated close to local amenities, schools, and transport connections to Birmingham City Centre and beyond, it’s a practical choice for modern living with room for enhancement.

Investment Analysis

(WS13 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (WS13)

Area prices are falling by -7.1% over the last 12 months
3 year growth: +0.3%
5 year growth: +5.2%
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

Nursery Croft, LICHFIELD
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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