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See how verdicts work2-bedroom property · B13 9HB
For saleReduced £5k (−5.6%) on 25 OctListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FIRST FLOOR, TWO BEDROOM RETIREMENT APARTMENT LOCATED IN PRIME MOSELEY LOCATION!** Sorrento Court was originally built by McCarthy Stone and offers a modern and well maintained retirement development off Wake Green Road in the heart of Moseley with the benefit of a Residents Lounge, residents kitchen space, laundry facilities, communal gardens and an ensuite Guest Room which can be booked by residents for their guests at a reasonable rate.
The development also benefits from a House Manager and 24 hour emergency Appello call system.
Suitable for persons over 60 years of age (or a couple with one person over 60 and one over 55) this apartment is located close to all local amenities including supermarkets, pharmacies, coffee shops, restaurants, GP practices and a dentist.
There are very good bus connections to the City Centre and Kings Heath and the location boasts the upcoming Moseley train station.
The accommodation briefly comprises: entrance hallway, living/dining room, kitchen, two double bedrooms, bathroom room and storage space. Energy Efficiency Rating C.
To arrange your viewing to fully appreciate the accommodation on offer please contact our Moseley office.
Approach - With a wooden front entry door opening into: Hallway - With a door opening into storage cupboard, wall mounted intercom system and ceiling light point, allowing access to; Bedroom One, Bedroom Two, Bathroom, Storage cupboard and living room.
Living Room - 4.97 x 3.14 (16'3" x 10'3") - With two wall mounted light points, wall mounted mirrored fire, double glazed window to the communal gardens, storage heater and door opening into: Kitchen - 2..35 x 2.15 (6'6".114'9" x 7'0") - With a selection of whited gloss fronted wall and base units with wood effect work surfaces over, lino to flooring, electric double oven with integrated grill, induction hob, with extractor over, space for fridge freezer, double glazed window overlooking the communal grounds and ceiling light point.
Main Bedroom - 4.94 x 3.03 (16'2" x 9'11") - With two wall mounted light points, built-in mirror fronted doors to wardrobes, double glazed windows overlooking the communal grounds and storage heater.
Bedroom Two - 4.72 x 2.76 (15'5" x 9'0") - With a wall mounted light point and double glazed windows overlooking the communal grounds.
Bathroom - 1.8 x 2 (5'10" x 6'6") - With a panel bath with hot and cold mixer tap and powered shower over, low flush WC, sink on vanity unit with storage below and hot and cold mixer tap, wall mounted light points, extractor fan, lino flooring and tiled walls.
Communal Grounds - The grounds around the property are well maintained with shrubs and plants and various seating areas.
Tenure - We have been informed by our vendors the property is Leasehold and that the lease term remaining is approximately 95 years and the ground rent charges are approximately £660.00 per annum and the service charges are approximately £6,210.00 per annum (subject to confirmation from your legal representative).
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.
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