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See how verdicts work2-bedroom house · B24 0RW
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Ground Floor Maisonette – 50% Shared Ownership Over 55's Retirement Development Situated within a cul-de-sac within a well-maintained retirement development in Pype Hayes, this two-bedroom ground floor maisonette is offered on a 50% shared ownership basis and is managed by Anchor Estates.
Designed specifically for residents aged 55 and over, the property offers comfortable, independent living with the added reassurance of on-site support and community facilities.
The development enjoys a convenient location with excellent transport links to Birmingham City Centre, Spaghetti Junction and Erdington, making it ideal for those wanting easy access to the wider area while enjoying a peaceful residential setting.
The accommodation is well laid out, offering a practical and comfortable living space throughout.
The property is presented in good decorative order, with a nice-sized living room providing a bright and welcoming space to relax or entertain, with a door opening directly onto the lovely communal gardens.
The modern fitted kitchen offers ample storage and worktop space, while the property also benefits from a contemporary wet room designed for ease of use.
Two bedrooms provide flexible accommodation, ideal for guests, hobbies or additional living space.
Local amenities are within easy reach, including local shops just a 10-minute walk away, as well as doctor's surgeries in Erdington within walking distance.
The surrounding area also offers attractive leisure options including a nearby golf course and the popular Pype Hayes Park, perfect for walks and outdoor relaxation.
The development itself provides several shared facilities for residents to enjoy. At Kimble Grove, residents benefit from well-maintained landscaped communal gardens and 14 parking spaces.
An estate manager visits twice weekly, offering help, advice and coordinating services for residents. For added peace of mind, there is also a 24-hour emergency pull-cord and pendant alarm system.
The estate management team help ensure the development remains safe, secure and welcoming, while also overseeing the maintenance and insurance of the building and the overall management of the estate.
These services are included within the monthly service charge of £251.85, with an additional monthly rent of £130 payable on the remaining share.
This property represents an excellent opportunity for buyers looking for affordable retirement living within a friendly and well-supported community, while remaining close to local amenities and transport links.
Get ready for speedier, smoother and more successful sales with Premium Conveyancing properties!
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches.
The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes: Evidence of title Standard searches (regulated local authority, water & drainage & environmental) Protocol forms and answers to standard conveyancing enquiries The legal pack is available to view prior to agreeing to purchase the property.
The vendor requests that the buyer purchases the searches provided in the pack which will be billed at £360 (inc. VAT) upon completion.
Additional Information Property Construction - Standard Electricity supply - Mains Water supply - Mains (metered) Sewerage - Mains Heating- Electric heating Parking - Communal Car park - no allocated space Broadband Connection - Standard 7 mbps/Superfast 155 mbps/Ultrafast 1800 mbps Mobile Signal/Coverage - EE Good/ 3 Good/O2 Good/Vodafone Good Flood Risk - None Is the property listed?- No Planning Permissions - No Building safety - N/A Restrictions - Ask Rights and Easements - Ask Coastal Erosion Risk - N/A Accessibility/adaptations - Wet room, pull cord/pendant call system.
Coalfield or mining area - N/A Floor the entrance is on - Ground Floor Council Tax Band B - Birmingham Service charge and rent charge may be subject to future periodic increases.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Kimble Grove, Pype Hayes. Birmingham B24
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