Summary - 40 Ravenhurst Mews, Bristol Road, Erdington B23 6AZ
1 bed 1 bath Retirement Property
**Key Features:**
- **Retirement Property:** Designed for those aged 60 and over
- **Ownership:** Shared ownership at 70% of full value; no subletting
- **Location:** Quiet cul-de-sac, 350m from bus connections and local shops
- **Current Condition:** Requires modernization; opportunity to personalize
- **Amenities:** Includes communal gardens, designated parking, and 24hr emergency call system
- **Tenure:** Leasehold with 65 years remaining; low ground rent; annual service charge of approximately £2,206
- **EPC Rating:** C (energy efficient)
- **Security:** On-site Scheme Manager during weekdays and remote monitoring
This charming one-bedroom first-floor retirement apartment presents a wonderful opportunity for independent living tailored to those over 60. With the appeal of shared ownership, you can invest in your own comfort for just £45,000, but be aware that mortgage availability may be limited due to the short lease term. The apartment offers double glazing and electric heating, along with communal spaces for leisure and socializing.
While it requires some updating, this property allows for personalization to match your lifestyle and tastes, making it a canvas for your retirement dreams. The low council tax and expected maintenance costs add to its appeal. Located conveniently close to essential amenities, transport links, and surrounded by a friendly community, this residence is perfect for those seeking both comfort and connection in later life. Don’t miss out on this exceptional chance to create your ideal retirement home—schedule a viewing today!
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