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Netherstowe Lane, Lichfield

West Midlands

£280,000
Listed on 27/07/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached family home presents a compelling opportunity for those looking to invest in a property with significant renovation potential. Located on the outskirts of Lichfield, the home benefits from its proximity to local amenities, schools, and essential commuter links, making it an attractive option for families and investors alike. The property features three bedrooms, providing ample space for comfortable living. The layout includes a living room and dining area that can be tailored to meet modern preferences. A notable aspect of this house is the absence of a kitchen, allowing the new owner to design and install a kitchen that meets their specific needs and style. Additionally, there is a lean-to conservatory at the rear that could be revitalized into an inviting space. Upstairs, the landing leads to three well-sized bedrooms that share a family bathroom. The generous proportions of these rooms offer further potential for customization or reconfiguration depending on your vision. Externally, the property includes driveway parking at the front and a garage equipped with electric points at the rear, adding functionality and convenience. The garden offers outdoor space that could benefit from landscaping or additional features as part of your renovation plans. Overall, this home is ideal for first-time buyers looking to put their mark on a property or seasoned investors seeking an opportunity to renovate in a desirable location. Early viewing is recommended to appreciate the full scope of what this property has to offer.

Investment Analysis

(WS13 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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
26%
Properties sold annually

Local Market Trend (WS13)

Area prices are falling by +2.6% over the last 12 months
3 year growth: 5.3%
5 year growth: 10.1%
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

Netherstowe Lane, 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
£1,026
Based on a loan of £210,000 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