2-bedroom house · B13 9HB
For saleListed 1 day
Opportunity summary
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About
A two bedroom second floor retirement apartment in highly desirable location within moseley village built by McCarthy & Stone.
Suitable for over 60s (or a couple with one over 60 and other over 55), viewings are vital to appreciate location and accommodation on offer.
Benefiting from uPVC double glazing and electric heating, this ideal downsize move comprises hallway, living room, kitchen, two bedrooms and shower room.
The development offers residents lounge, communal garden and house manager. Offered with no upward chain. Tenure: Leasehold with Term Approx 95 Years Unexpired. Council Tax Band: D, EPC Rating: B.
Location Sorrento Court occupies a convenient position just off Wake Green Road, within the popular and well-established suburb of Moseley, approximately three miles south of Birmingham City Centre.
The development is situated within easy reach of Moseley Village, which offers an excellent selection of local amenities, including independent shops, supermarkets, cafés, restaurants, pharmacies and other everyday facilities.
The area benefits from good public transport connections, with regular bus services providing access to Birmingham City Centre and surrounding districts, together with the recently opened Moseley Village Railway Station offering direct services to Birmingham New Street.
Recreational facilities and green open spaces are also available nearby, including Moseley Park and Highbury Park, whilst the neighbouring areas of Kings Heath and Hall Green offer further shopping and leisure amenities.
Description Sorrento Court is a purpose-built retirement development constructed by McCarthy & Stone, offering independent living accommodation for residents aged 60 and over (or aged 55 and over if the second occupant), subject to the relevant occupancy restrictions.
The development benefits from a secure communal entrance, residents' lounge with kitchen facilities, laundry room, lift access to the upper floors, a 'live in' House Manager (who works Tuesday to Friday 8am to 4pm), communal gardens and residents' parking facilities.
Accommodation Please refer to the floor plan for room measurements - Hallway, living room, kitchen, bedroom one (double), bedroom two (double), shower room with WC.
Lease Term 125 years commencing 1st November 1996 and expiring on 31st October 2121, leaving approximately 95 years unexpired.
Ground Rent The original ground rent was £350 per annum, subject to index-linked reviews every 21 years. The current amount is awaiting confirmation.
Service Charges The latest available demand from FirstPort Residential Property Management indicates a half-yearly service charge of £3,513.50 for the period 1st March 2026 to 31st August 2026, equivalent to approximately £7,027 per annum.
The service charge is variable and subject to periodic review and year-end adjustments.
Age Restrictions The development is intended for retirement occupation, with residents generally required to be aged 60 years or over, or, in the case of a couple, one resident aged at least 60 and the other at least 55.
These restrictions apply to occupation rather than ownership. Subletting is permitted, subject to compliance with the terms of the lease and applicable occupancy requirements.
Additional Charges The lease provides for transfer fees and contributions to a contingency fund upon disposal, with the precise amounts and calculation basis to be confirmed by the managing agents.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
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FAQ
About Wake Green Road, Birmingham
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