1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Ravenhurst Mews, Bristol Road, Erdington
£45,000

Price History

Initial price £50,000
13/07/24 £45,000
Price Change -10.00%

Description

This is an affordable retirement living opportunity for individuals aged 60 and above, offering a one-bedroom apartment at 70% of its full value. The property features its own entrance, double glazing, electric heating, and access to well-maintained communal grounds with clothes drying areas and parking. The apartment requires some updating but provides the chance to customize to personal taste. Located near Gravelly Hill bus connections, local shops, and Gravelly Hill Cross City Line Railway Station, it's a convenient option for those looking to retire in the area. The property is leasehold, with 65 years remaining on the 99-year lease, and an annual service charge of approximately £2,206, reviewed annually.