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Lichfield Road, Forebridge, Stafford, Staffordshire, ST17 - Image 1
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Lichfield Road, Forebridge, Stafford, Staffordshire, ST17

West Midlands

£125,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This sizable mid-terrace home presents a prime opportunity for those looking to invest in a full-scale renovation project. Situated in the West Midlands, this property is ideally suited for buy-to-let investors and offers potential for conversion into a House in Multiple Occupation (HMO), pending necessary approvals. The layout spans two floors, with the ground level featuring a storm porch, an entrance hallway, three versatile reception rooms, and a kitchen complemented by a rear lobby that includes a W/C and additional storage. An advantageous cellar provides extra space for storage needs. On the first floor, you will find three spacious bedrooms along with a bathroom, providing a good foundation for modernization. The external aspects include a generously sized rear garden and parking facilities accessible from the back. This property is offered without upward chain, allowing for straightforward acquisition. It's strongly recommended that interested buyers view the property early to fully appreciate its redevelopment potential.

Investment Analysis

(ST17 area)
Area Average
£267/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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
55%
Properties sold annually

Local Market Trend (ST17)

Area prices are rising by +5.3% over the last 12 months
3 year growth: -0.2%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on ST17 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

Lichfield Road, Forebridge, Stafford, Staffordshire, ST17
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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
£451
Based on a loan of £93,750 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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