1-bedroom flat · B28 9ET
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor retirement apartment benefiting from own patio area and offered for sale with no forward chain. Gracewell Court was constructed by McCarthy & Stone (Developments) Ltd.
The development comprises 39 properties arranged over 3 floors each served by a lift.
The Development Manager can be contacted from various points from within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door with spy hole to :- Entrance Hall Emergency pull cord. Ceiling light and power point. Security alarm system.
Cupboard with electric meter, trip switches and hot water cylinder. Telephone point. Doors off to living room, bedroom and bathroom.
Living Room With patio door onto patio area and onto communal gardens. Feature fireplace inset with electric flame effect fire. Electric storage heater. Ceiling lights. Power points. TV aerial point.
Telephone point. Glazed double doors through to kitchen. Kitchen With Window Tiled and fitted with a range of wall and floor cupboards with work tops. Fitted fridge and fitted freezer.
Fitted oven and ceramic hob. Fitted microwave. Sink unit. Extractor fan. Power points. Ceiling light and under cupboard strip lights. Bedroom Mirror fronted built in wardrobe. Electric heater.
Ceiling light. Power points. Telephone point. TV aerial point. Bathroom Tiled and fitted comprising shower cubicle. Emergency pull cord. WC with low level flush. Vanity unit with mirror over.
Strip light. Extractor fan. Wall mounted electric heater. Heated towel rail.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 8, Gracewell Court, Hall Green
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