Low-cost one-bed auction flat — suitable for cash buyers or investors prepared to refurbish.
Auction sale 14 October 2025, sold to highest bidder
A compact one-bedroom first-floor flat offered at auction, located on Cornfield Drive in central Lichfield. The flat has a private garden, easy access to local shops, parks and two train stations, making it practical for someone seeking low‑maintenance town living close to amenities.
Important practical points are clear: the property is leasehold with 77 years remaining. Many mortgage lenders are likely to refuse lending at this lease length, so the lot will mainly suit cash buyers or investors prepared to buy at auction and manage the lease issues. An administration/contract fee of £1,500 (inclusive of VAT) is payable by the buyer, and the seller may charge further completion fees — check the Special Conditions of Sale.
The accommodation is basic: one bedroom, reception room, kitchen and bathroom. Heating is by electric room heaters and the EPC is rated D, so running costs and potential upgrades should be factored in. The communal areas and exterior show signs of age and will need maintenance or cosmetic attention.
For a buyer looking to downsize, buy a low-cost flat close to Lichfield city centre, or an investor seeking a refurbishment project for cash purchase, this offers clear potential. However, anyone reliant on mortgage finance should verify lender acceptability before bidding; survey and service checks are strongly recommended prior to purchase.