50 Chapel Lane, Lichfield
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50 Chapel Lane, Lichfield

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We have confidence in this estimated current valuation Updated recently
£322,400
Or £2,096 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Oct 6, 2018
£140,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 50 Chapel Lane, Lichfield, a cozy and compact terraced type home with 2 bed in the WS14 9BQ area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band B.

This classic property was built 1930-1949 and has a reported internal area of 56 internal square metres The neighbourhood is known for having good properties at a reasonable price - with a market valuation of £322,400 and a rental potential of £2,096 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Oct 6, 2018. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"


SUMMARY
With off road parking, this two bedroom cottage in need of refurbishment is situated on a popular road just a short distance away from Lichfield City Centre.


DESCRIPTION
*** An Ideal Investment or First Time buy opportunity *** With off road parking, this two bedroom cottage in need of refurbishment is situated on a popular road just a short distance away from Lichfield City Centre.

Entrance Porch 
Having uPVC door to front with double glazed panels and door to:


Lounge 17' 8" max into recess x 11' ( 5.38m max into recess x 3.35m )
Having two double glazed windows to the front, electric fireplace, TV & telephone points, Radiator and door to:


Kitchen 11' 8" max x 9' 8" max ( 3.56m max x 2.95m max )
A fitted kitchen with wall and base units having work surfaces over, tiling to splashback, sink & drainer, space for cooker, plumbing for washing machine, space for fridge freezer, stairs leading to first floor and door to rear courtyard.


First Floor 


Landing 
Having loft access hatch and doors leading to:


Bedroom One 11' 11" max x 10' 11" ( 3.63m max x 3.33m )
Having double glazed window to front, fitted wardrobes, radiator and TV point.


Bedroom Two 8' 11" max x 8' 7" ( 2.72m max x 2.62m )
Having double glazed window to rear and over-stairs storage cupboard.


Bathroom 
With suite comprising panelled bath, low level flush WC,wash hand basin, radiator and obscure double glazed window to front.


Outside 


To The Front 
To the front of the home is a driveway with pathway leading to the front door.


To The Rear 
Accessed via the kitchen is a sunny rear courtyard garden with gated access to the rear for bins.


Auctioneer's Comments 
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer's solicitor is in receipt of the draft contracts. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of ?6000 (including VAT) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an 'Acknowledgement of Reservation' form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Connells Online Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.




1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

"

Property Data

Data point Compared to road
Tax band B
140 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,467 Try Mortgage Tracker
Energy £591 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Saxon Hill Academy
0.6mi
King Edward VI School
0.6mi
Five Spires Academy
0.8mi
St Joseph's Catholic Primary School
0.8mi
St Michael's CofE (C) Primary School
0.9mi
Nearby Stations
Lichfield City Station
0.9mi
Lichfield Trent Valley Station
1.3mi
Shenstone Station
2.4mi
Blake Street Station
4.6mi
Butlers Lane Station
5.4mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 50 Chapel Lane, Lichfield worth?

    50 Chapel Lane, Lichfield is now worth £322,400 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 50 Chapel Lane, Lichfield - click click here to get a valuation with no strings attached.

  2. What is the rental value of 50 Chapel Lane, Lichfield?

    The current rental valuation for this property is £2,096 per month, within a price range of £1,886 and £2,305.

  3. How many bedrooms does 50 Chapel Lane, Lichfield have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 50 Chapel Lane, Lichfield?

    Nearby schools in include Saxon Hill Academy, King Edward VI School, Five Spires Academy, St Joseph's Catholic Primary School, St Michael's CofE (C) Primary School

    Nearby stations in include Lichfield City Station, Lichfield Trent Valley Station, Shenstone Station, Blake Street Station, Butlers Lane Station.

  5. What type of property is 50 Chapel Lane, Lichfield

    This is a Terraced property. There are 16 other Terraced properties on CHAPEL LANE, and 23 in total.

  6. When was 50 Chapel Lane, Lichfield built? How old is 50 Chapel Lane, Lichfield?

    50 Chapel Lane, Lichfield was was built between 1930-1949.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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