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Gilbert Road, Lichfield

West Midlands

£190,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1073 sqft

Description

This three-bedroom semi-detached property presents a compelling opportunity for investors or DIY enthusiasts looking to undertake a significant renovation project. The home features a garage and off-road parking, along with a private rear garden that adds further appeal. Inside, the layout is spacious, offering a ground floor guest W/C and three bedrooms complemented by a family bathroom on the first floor. However, this property requires full modernisation to reach its potential, particularly due to its non-standard construction. This makes it a suitable candidate for those keen on adding value through extensive refurbishments. Sold via auction with no onward chain, this property facilitates a swift transaction process and presents an excellent canvas for transformation.

Investment Analysis

(WS13 area)

Below Market Value

This property is priced -46.3% below area average per sq ft

-46.3%
Potential saving
This Property
£177/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£258
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,086
10% above area average per sq ft
Potential ROI
+69.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WS13)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +2.7%
5 year growth: +6.6%
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

Gilbert Road, Lichfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£673
Based on a loan of £142,500 over 30 years at 3.91% 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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