2-bedroom house · B23 6AZ
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Independent affordable retirement living -Purchase at 70% of full 100% value. A two bedroom ground floor retirement apartment for the over 60's. Must be owner occupier, no subletting.
Property benefits from its own individual entrance, cul-de-sac location of only over 60's dwellings, double glazing, electric heating, rear pedestrian access door from second bedroom opening into well-tended communal grounds with clothes drying areas, residents and visitor parking, scheme manager plus 24hr emergency call system and no upward chain.
Convenient location around 350m from Gravelly Hill bus connections and local shops. Gravelly Hill Cross City Line Railway Station only 950m/0.6 miles. Erdington High Street around 700m / 0.4 miles.
Tenure: Leasehold – 99 years from 01 Jan 1989 (62 years remaining). Ground Rent: £0. Service Charge £2,620.08 per year, reviewed annually.
Descriptions, floor plans, measurements and photographs of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further specific enquiries to ensure that our descriptions, floor plans, measurements and photographs are likely to match any expectations you may have of the property.
We have not tested any services, systems or appliances at this property.
We strongly recommend that all the information we provide be verified by you on inspection and by your surveyor and conveyancer.
Measurements supplied are for general guidance only and as such should be considered as incorrect. Tenure must be confirmed via solicitors. All images are property of waller & farnworth ltd.
Lounge (14' 9'' x 10' 5'' (4.49m x 3.17m)) Kitchen (8' 11'' x 7' 2'' (2.72m x 2.18m)) Bedroom One (11' 11'' x 8' 10'' both max (3.63m x 2.69m)) Bedroom Two (9' 0'' x 8' 11'' both max (2.74m x 2.72m)) Bathroom (7' 6'' x 5' 7'' (2.28m x 1.70m))
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
.png)
FAQ
About 26, Ravenhurst Mews, Birmingham
Explore nearby