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Walsall Road, Lichfield

West Midlands

£500,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2360 sqft

Description

This characterful period cottage presents a promising opportunity for investors or families seeking to create their ideal home in the heart of Lichfield City. With its unique features, including multiple reception rooms, cellars, and attic spaces that could be further developed, this property is ripe for renovation. The spacious layout comprises a welcoming lounge leading to additional reception areas, complemented by a breakfast kitchen with garden access. The versatile first floor hosts five bedrooms, two of which provide access to attic rooms, offering significant potential for expansion or reconfiguration. The generous rear garden not only invites outdoor enjoyment but also presents an opportunity for extension, subject to the necessary planning approvals. Currently vacant and offered with no onward chain, this home awaits its new owners with a vision for transformation.

Investment Analysis

(WS13 area)

Below Market Value

This property is priced -36.6% below area average per sq ft

-36.6%
Potential saving
This Property
£212/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£55,000 - £85,000
Target Value
£867,713
10% above area average per sq ft
Potential ROI
+48.3%
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

Walsall Road, 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
£1,803
Based on a loan of £375,000 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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