1-bedroom flat · B36 0LB
Listing removedReduced £5k (−6.7%) on 20 JunListed 1623 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom second floor retirement apartment Chestnut Court is in a prime location close to local amenities including supermarkets, shops, post office, banks, library, doctors and pharmacy.
Local bus service to Birmingham city Centre and Solihull Touchwood shopping centre, nec and Birmingham Airport is within easy reach by bus or car.
Places to visit nearby Castle Bromwich Hall Garden with 10 acres of restored walled gardens, Castle Bromwich Hall Hotel, and Jaguar Factory and The Sentinal (Spitfire Island) just a short distance away.
Constructed by McCarthy & Stone (Developments) Ltd and comprises 60 properties arranged over 3 floors each served by lift.
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 58 years, or in the event of a couple, one must be over the age of 58 years and the other over 50 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door leads to the: Entrance Hall Power point, ceiling light point. Security door entry system and emergency pull cord.
Airing cupboard with insulated hot water cylinder, fitted electric immersion heater switch, electric meters and space for storage. Smoke detector.
Communal loft space not for personal storage housing cold water cylinder. Doors off to living room, bedroom and bathroom.
Living Room Overlooking Communal Gardens Electric night storage heater, power points, TV aerial points, wall light points, emergency pull cord. Telephone point. Glazed doors lead to the kitchen.
Kitchen Tiled and fitted with stainless steel sink unit with single drainer, wall and floor cupboards, work tops. Fitted electric oven. Four ring electric hob and overhead extractor hood.
Spaces for refrigerator and freezer. Power points, spot light. Electric wall heater Bedroom Built in wardrobe with hanging rail and shelf above.
Electric night storage heater, power points, emergency pull cord, wall light points. Bathroom Tiled and fitted with suite comprising bath with shower above and rail.
Emergency pull cord, vanity unit and WC with low level flush. Extractor fan. Electric wall heater. Shaver point. Hand rails. Wall mounted mirror with light above.
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.
Area
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FAQ
About 49, Chestnut Court (Castle Bromwich), Castle Bromwich
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