Castle Dyke, LICHFIELD
CO

Castle Dyke, LICHFIELD

By Connells

£ 70,000

Reviews

2 out of 5 stars

Connells says ..

A great opportunity to purchase a retirement property in the heart of Lichfield.

Property Oracle says ..

This one-bedroom, one-bathroom flat is situated in the desirable city of Lichfield on Wade Street, in close proximity to Lichfield City train station. The property forms part of a retirement complex, as evidenced by the shared facilities visible in the photographs, including a communal lounge and laundry room. The apartment itself is presented in a largely fair but dated condition. The photos show worn carpets throughout, and both the kitchen and bathroom appear to require modernisation. The lack of outdoor space should be noted, as the listing specifies no plot size, indicating no private garden. While the £70,000 price point aligns with similar retirement properties in the area, potential buyers should budget for renovations and weigh this cost against the absence of outdoor space and the dated interior finishes. The central location in Lichfield, close to transportation and schools, represents a key positive of the property. Overall, this is a suitable option for a single individual looking for low-maintenance retirement living in a popular location, but it demands significant improvements to fully realise its potential.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
600.00

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
386,000.00 £
Decreased by 0.81 %
from 389,165.00 £
Est sale value
275,400.00 £
Increased by 15.62 %
from 238,200.00 £
Average area rental value
900.00 £/mo
Decreased by 53.17 %
from 1,922.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
2.80 %
Decreased by 52.78 %
from 5.93 %
Crime Rate
40.00 %
Unchanged by 0.00 %
from 40.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Lichfield Cathedral SchoolOther Independent School0.61 KM
Queen'S Croft High SchoolAcademy Special Converter0.68 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood0.81 KM
King Edward Vi SchoolCommunity SchoolGood0.81 KM
Bridge Short Stay SchoolPupil Referral UnitGood0.88 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Tanneries £ 252,50000.00 KM
A5127 £ 000.00 KM
Market Street £ 000.00 KM
Marlborough Court £ 000.00 KM
Sandford Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lichfield City1177LIC0.26 KM
Lichfield Trent Valley1291LTV2.98 KM
Shenstone1178SEN5.13 KM
Blake Street1176BKT8.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Dyke, LICHFIELD £ 70,000BUY4 / 100.00 KM
Castle Dyke, Lichfield £ 80,000BUYUnknown0.00 KM
Castle Dyke, Lichfield, WS13 £ 95,950BUY5 / 100.02 KM
Homelodge House, Castle Dyke, Lichfield, WS13 £ 115,000BUY6 / 100.06 KM
Wade Street, LICHFIELD £ 275,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
19 Frog Lane £ 138,5000.09 KM
17 Frog Lane £ 169,9500.09 KM
23 Frog Lane £ 150,0000.09 KM
32 Wade Street £ 68,5000.10 KM
24 Wade Street £ 191,5000.10 KM