Cairns Close, Lichfield, WS14 9TP - No Upward Chain
PA

Cairns Close, Lichfield, WS14 9TP - No Upward Chain

By Paul Carr

£ 117,500

Reviews

3 out of 5 stars

Paul Carr says ..

Offered for sale with the benefit of no upward chain with 50% shared ownership is this well located two bedroom home, situated in central Lichfield off Birmingham Road. Ideal for first time buyers or downsizers searching in the area, this shared ownership scheme offers affordable living in conjun...

Property Oracle says ..

The property is located in Cairns Close, Lichfield, Staffordshire, a residential area. The location benefits from its proximity to Lichfield City train station (0.85km), providing convenient access to public transport. Several schools are also within a reasonable distance, including Queen’s Croft High School (0.26km) and King Edward VI School (0.97km), which are both well-regarded. This makes the area attractive to families. However, the limited plot size of 0.00 SQFT is a significant drawback, as it offers minimal outdoor space.

Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with updated fixtures and fittings. There is no visible evidence of significant wear and tear or the need for renovation. The kitchen and bathroom seem recently updated. The property benefits from a small, enclosed rear garden. While not extensive, it provides some private outdoor space.

Considering the list price of £117,500, the average price in the area is significantly higher at £374,740. The average price per square foot is £373, while this property’s price per square foot is considerably lower. However, the nearby comparable properties on Cairns Close show a range of prices, with some significantly lower than the average for the area and others substantially higher. The lower price of this property may be attributed to its smaller plot size and the fact that it is a semi-detached property, while many of the nearby properties are detached. Given the condition, location, and limited land, the list price seems relatively reasonable compared to other similar properties in the immediate vicinity, but significantly lower than the overall area average. Further investigation into the specific reasons for the lower price may be warranted.

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
9
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
542.93

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
384,737.00 £
Decreased by 1.20 %
from 389,410.00 £
Est sale value
220,972.51 £
Increased by 15.95 %
from 190,568.43 £
Average area rental value
1,963.00 £/mo
Increased by 39.81 %
from 1,404.00 £/mo
Est letting value
1,085.86 £/mo
Increased by 100.00 %
from 542.93 £/mo
Est rental Yield
6.12 %
Increased by 41.34 %
from 4.33 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Paul Carr created the listing.

Nearby Schools

NameTypeOfstedDistance
Queen'S Croft High SchoolAcademy Special Converter0.26 KM
King Edward Vi SchoolCommunity SchoolGood0.97 KM
Saxon Hill AcademyAcademy Special ConverterGood1.26 KM
Lichfield Cathedral SchoolOther Independent School1.26 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.42 KM

Images

Photo 19 Photo 12 Photo 10 Photo 8 Photo 9 Photo 13 Photo 16 Photo 14 Photo 11 Photo 2 Photo 4 Photo 3 Photo 5 Photo 6 Photo 7 Photo 17 Photo 18 Photo 1 Photo 20

Nearby Streets

NameAverage PriceAverage SqftDistance
Essington Close £ 000.00 KM
Burns Close £ 385,00000.00 KM
Pasco Drive £ 000.00 KM
Byron Avenue £ 000.00 KM
Chaucer Close £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lichfield City1177LIC0.85 KM
Lichfield Trent Valley1291LTV3.66 KM
Shenstone1178SEN4.22 KM
Blake Street1176BKT7.95 KM
Butlers Lane1179BUL9.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cairns Close, Lichfield, WS14 9TP - No Upward Chain £ 117,500BUY6 / 100.00 KM
Birmingham Road, Lichfield, WS14 9BJ £ 335,000BUY7 / 100.04 KM
Cairns Close, Lichfield £ 265,000BUY7 / 100.06 KM
Chesterfield Road, Lichfield - Beautiful Victorian Home £ 550,000BUYUnknown0.09 KM
The Malt House, Cairns Close, Lichfield £ 300,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
8 Cairns Close £ 105,0000.09 KM
4 Cairns Close £ 225,0000.13 KM
9 Cairns Close £ 310,0000.13 KM
11 Cairns Close £ 300,0000.13 KM
2 Cairns Close £ 209,0000.13 KM