McCarthy Stone says ..

Property Oracle says ..

This retirement property is located in Shirley, Solihull, in the West Midlands. The property itself is a 2-bedroom apartment with a total area of 953 sqft and a plot size of 753 sqft. Based on the images provided, the property appears to be in excellent condition, with modern fixtures and fittings. The apartment benefits from access to communal facilities, including a restaurant and lounge areas, as shown in the provided images. The location is convenient, with several schools, including Shirley Heath Junior School (rated Outstanding by Ofsted), within a reasonable distance. Several train stations are also within a few kilometers.

The list price of £299,995 is notably lower than the average house price in the area (£614,521), and significantly lower than other nearby retirement properties. However, it’s important to note that the average house price includes a range of property types, not just retirement apartments. The average price per sqft in the area is £481, while this property’s price per sqft is approximately £315. This suggests that the property may represent good value for money, considering its condition and location. The smaller plot size compared to typical properties in the area should also be considered.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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