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Norwich Close, Lichfield

West Midlands

£310,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1281 sqft

Description

This spacious family residence, located in a well-established area of Lichfield, presents an excellent chance for buyers looking to invest in a property that requires modernization. Conveniently situated near transport links, schools, and local amenities, the home is ideal for families seeking to create a long-term living space. The property is offered with no upward chain, allowing for a straightforward purchase process. It features gas central heating and UPVC double glazing throughout while benefitting from an extension to the rear of the garage. The layout includes an entrance porch leading into a living room with dual front-facing windows, a dining room connected to a conservatory, a kitchen with utility space, three bedrooms—each with built-in storage—and a family bathroom. Outside, there are gardens both at the front and rear along with driveway parking and garage storage. A viewing will truly highlight the potential this home holds for future enhancement.

Investment Analysis

(WS13 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£242/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£470,992
10% above area average per sq ft
Potential ROI
+36.5%
After renovation
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

Norwich Close, Lichfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,118
Based on a loan of £232,500 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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