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Dovehouse Fields, Lichfield

West Midlands

£250,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
803 sqft

Description

This property offers a strategic position for convenient access to Lichfield's city centre and nearby transport links, including Lichfield City Rail Station. It presents a promising opportunity for first-time buyers or investors looking to modernise and add value. Set on a generous plot, the home features ample outdoor space with a sizeable rear garden and potential for extension (subject to planning permission). The layout includes an entrance hall leading into a living room with a feature fireplace, a dining kitchen ready for upgrades, and additional utility space in the lean-to. With three bedrooms upstairs, this family-oriented home also includes a family bathroom that could benefit from refurbishment. The property is equipped with gas central heating and UPVC double-glazing, ensuring efficient energy use while renovations are undertaken. Ample parking is available on the block-paved driveway, complemented by established gardens both front and back. This home presents an ideal canvas for those looking to enhance its appeal through thoughtful renovations.

Investment Analysis

(WS14 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£311/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£314,455
10% above area average per sq ft
Potential ROI
+8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (WS14)

Area prices are rising by +12.3% over the last 12 months
3 year growth: 21.9%
5 year growth: 29.2%
Investment Disclaimer: Analysis based on WS14 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

Dovehouse Fields, 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
£916
Based on a loan of £187,500 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