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Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 1
Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 2
Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 3
Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 4
Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 5
Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36 - Image 6

Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36

West Midlands

£2,699,999
Listed on 04/05/2026

Property Details

Bedrooms
50
Type
Not Specified

Description

This former care home presents a considerable redevelopment opportunity in the desirable residential locale of Castle Bromwich, located just 8 miles east of Birmingham City Centre. Encompassing approximately 1.25 acres, the property features 50 en-suite bedrooms and generous parking facilities on-site, along with secure outdoor spaces that include landscaped gardens. Originally designed as a care facility, Jubilee Gardens consists of four separate units over two levels and is equipped with a passenger lift. With planning permission already in place for conversion into a residential scheme comprising 28 self-contained apartments—14 one-bedroom units, 12 two-bedroom units, and 2 three-bedroom apartments—this property is poised to attract a variety of buyers in a market with robust local demand. The potential for further value enhancement through internal reconfiguration or additional extensions (subject to planning approval) adds to its appeal as an investment project. Situated in a peaceful yet well-connected part of the Birmingham metropolitan area, this site benefits from local amenities such as shops, schools, and healthcare services. Excellent transport links via the M6 and M42 motorways ensure convenient access to surrounding regions, making this property an attractive prospect for redevelopment.

Investment Analysis

(B36 area)
Area Average
£260/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,000,000 - £1,500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B36)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +12.4%
Investment Disclaimer: Analysis based on B36 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wyegate Close- 50 En-Suite Former Carehome, Birmingham, B36
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£9,633
Based on a loan of £2,024,999 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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