Summary - Frankley Beeches Road, BIRMINGHAM, West Midlands, B31 B31 5LX
2 bed 1 bath Flat
Over-60s shared-ownership flat with garden access and resident parking..
70% shared ownership for over-60s, no rent on remaining 30%
A ground-floor, two-bedroom retirement flat offered as 70% shared ownership for over-60s. The apartment sits in a well-maintained modern red-brick block with secure intercom entry, communal garden access via French doors, designated resident and visitor parking, and a recently fitted kitchen and shower room. Double glazing and gas central heating provide everyday comfort.
Practical downsides are material and must be considered: the lease shows circa 79 years remaining — a level at which many mainstream mortgage lenders may refuse finance — and the service charge is significant at about £281.71 per month (£3,380.52 annually). The flat is small (approximately 542 sq ft) and is in a locality assessed as very deprived with higher local crime rates; broadband speeds are slow.
This property suits a purchaser aged over 60 seeking an affordable, low-rent entry into owner-occupation with modest upkeep needs, direct garden access and off-street parking. It also offers potential to modernise the living room and finishes to personal taste. Buyers and their advisers should confirm lease length, lender acceptability and service charge details with a solicitor before committing.
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