We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · B13 9HB
Sold STCReduced £10k (−11.1%) on 8 OctListed 598 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom first floor retirement apartment Sorrento Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 32 properties arranged over 4 floors.
The development is set in well maintained grounds with parking where available.
It is conveniently situated for Moseley village with its many shops and amenities and it has its own little community with an active residents social program.
The Development Manager can be contacted from various points 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, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property. Accommodation With UPVC double glazing.
Front door to: Entrance Hall Emergency intercom and security door entry system. Ceiling light. Power point. Electric meter cupboard. Doors off to living room, both bedrooms and bathroom.
'l-Shaped' Living Room With Two Windows Storage heater. Power points. TV aerial point. Emergency pull cord. Wall light points. Telephone point. Glazed double doors through to kitchen.
Kitchen With Window Tiled and fitted with wall and floor units. Stainless steel sink unit. Work tops. Built in oven with four ring hob. Extractor hood and fan. Spaces for freezer and refrigerator.
Power points. Ceiling light. Bedroom One With Window Built in wardrobe with hanging rail and shelf above. Electric heater, power points, emergency intercom, wall light point.
Bedroom Two With Window Electric heater, power points, emergency intercom, wall light point. Bathroom Tiled and fitted with suite comprising of shower cubicle fitted with emergency push button.
Vanity unit with inset sink and mirror over; WC with low level flush. Extractor fan, wall mounted electric heater, strip light. 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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Sorrento Court, Moseley
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