Summary - 38 RAVENHURST MEWS ERDINGTON BIRMINGHAM B23 6AZ
1 bed 1 bath Retirement Property
- **Standout Features:**
- Ground floor retirement apartment for over 60s
- Tidy condition with modern fitted kitchen
- Close to public transport and local shops
- Secluded cul-de-sac with no upward chain
- Individual entrance with shared ownership at 70% of full value
- **Concerns:**
- High service charge of £2,566.08 per year
- Short lease remaining (63 years), potentially limiting mortgage options
- High crime rate in the area
- Limited parking availability
Experience independent, affordable retirement living in this charming one-bedroom ground floor apartment designed for active over 60s. Nestled in a peaceful cul-de-sac, this property features a modern fitted kitchen, a lovely lounge, and an efficient electric heating system, making it cozy and inviting. With the added benefit of its own entrance and well-maintained communal grounds, residents enjoy privacy and convenience.
Located just a short distance from Gravelly Hill bus connections and local shopping amenities, you won't be far from essential services. While the property boasts tidy interiors, it's important to consider the challenges of a 63-year lease which may complicate financing options. This is complemented by a relatively high service charge, which could impact affordability for some buyers. Notably, this apartment is sold with no upward chain, making it a quick and straightforward purchase for eligible buyers looking for a comfortable retirement space. Seize this opportunity for secure, community-oriented living before it's gone!
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