Monks Close, Lichfield
Downes and Daughters logo

Monks Close, Lichfield

By Downes and Daughters

£ 350,000

Reviews

3 out of 5 stars

Downes and Daughters says ..

A thoroughly impressive first floor apartment, with double height ceilings and pleasant views on all sides and the added benefit of an allocated parking space. Occupying an enviable position within this centrally located landmark 'later living' development completed by the renowned luxury develo...

Property Oracle says ..

This is a well-presented two-bedroom, two-bathroom apartment located in the desirable Monks Close development in Lichfield City Centre. The apartment benefits from modern fixtures and fittings, spacious rooms, and large windows offering plenty of natural light. The open-plan living and dining area is a key feature, creating a light and airy living space. The kitchen is modern, functional and well-equipped. Bedrooms are also of a generous size. A notable aspect is the communal areas; shared gardens, a communal lounge and kitchen facilities adds to the overall living experience and appeal to buyers. The lack of private outdoor space might deter some buyers, but the location and amenities of the development compensate for this. Lichfield is a highly sought-after location, with excellent local schools such as King Edward VI School (1.06KM), and convenient transport links via Lichfield City train station, making the property attractive to a range of buyers. However, the absence of a private garden or substantial land and the slightly higher price point compared to some similar local apartments needs to be considered, it will likely appeal strongly to those prioritising location, condition, and communal living facilities. This particular property’s selling price within the broader Lichfield market is competitive but may slightly high given that many similar properties are available at lower price points. Therefore careful consideration needs to be given to the property type before determining the suitability of the property in relation to the price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
940.77

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
622,000.00 £
Increased by 66.66 %
from 373,216.00 £
Est sale value
419,583.42 £
Increased by 23.55 %
from 339,617.97 £
Average area rental value
1,079.00 £/mo
Decreased by 13.47 %
from 1,247.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 940.77 £/mo
Est rental Yield
2.08 %
Decreased by 48.13 %
from 4.01 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Downes and Daughters created the listing.

Nearby Schools

NameTypeOfstedDistance
Queen'S Croft High SchoolAcademy Special Converter0.43 KM
Lichfield Cathedral SchoolOther Independent School0.58 KM
King Edward Vi SchoolCommunity SchoolGood1.06 KM
Ss Peter And Paul Catholic Primary SchoolVoluntary Aided SchoolGood1.21 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Sandford Street £ 000.00 KM
Marlborough Court £ 000.00 KM
Market Street £ 000.00 KM
A5127 £ 000.00 KM
Davidson Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lichfield City1177LIC0.58 KM
Lichfield Trent Valley1291LTV3.42 KM
Shenstone1178SEN4.88 KM
Blake Street1176BKT8.62 KM
Butlers Lane1179BUL9.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monks Close, Lichfield £ 350,000BUY6 / 100.00 KM
Monks Close, Lichfield £ 340,000BUY6 / 100.00 KM
Monks Close, Lichfield, Staffordshire, WS13 £ 340,000BUY7 / 100.06 KM
Chapter House, Monks Close, Lichfield - No Upward Chain & City Centre £ 350,000BUY7 / 100.07 KM
Chapter House, Monks Close, Lichfield, WS13 6QR - No Upward Chain & City Centre £ 410,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
44 Monks Close £ 320,0000.06 KM
26 Monks Close £ 375,0000.06 KM
58 Monks Close £ 301,1300.06 KM
7 The Friary £ 590,0000.17 KM
15 The Friary £ 492,0000.17 KM