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Shenstone House, Hobs Road‚ Lichfield‚ WS13
From a buyer's perspective, this property is situated at Shenstone House, Hobs Road‚ Lichfield‚ WS13, offering a leasehold tenure with 86 years remaining on the lease till 2024. With a current market value of £120,000, this property may be considered relatively affordable. The annual service charge of £742.5 might be within a reasonable range for maintaining the property. For a real estate investment, this property may have potential, especially if the buyer is looking for a long-term investment. However, the remaining years on the lease might be a concern for some potential buyers. It may limit the property's appeal to buyers without a mortgage provider willing to lend on a leasehold property with a remaining term under 90 years. As a lifestyle purchase, this property could be an excellent option for someone seeking a fixed-term living arrangement in a neighborhood close to Lichfield. The area may offer a range of local amenities, transportation, and community activities, depending on the buyer's interests and needs. However, the property may not be suitable for those who prefer to own a property with a more extended lease or outright ownership.