The ExtraCare Charitable Trust

Pannel Croft Village

Operated by The ExtraCare Charitable Trust

ARCO ApprovedCompanionshipDomestic

Address290 Hospital Street, Newtown

Guide price£90,000

About

Nestled in the heart of Newtown, Birmingham, the Pannel Croft retirement village by ExtraCare offers a vibrant and welcoming community for those aged 55 and over. This retirement haven boasts 180 well-appointed one and two-bedroom apartments, each featuring a cosy living room, a functional kitchen, a modern shower room, and a private balcony or patio. These homes are not only spacious but also affordable, with options for rent or shared ownership. Home to over 200 residents, Pannel Croft fosters a sense of camaraderie and community spirit. It offers a plethora of social activities throughout the week, encouraging residents to mingle and form lasting friendships. The village also houses a variety of amenities including a community hall, a restaurant serving delicious meals, a fully-equipped gym, and an indoor bowling green for leisurely afternoons.

Care provided

Companionship

Domestic

Individual

On Site

Facilities

24/7 Call System

Balconies

Bar

Cafe/restaurant

Car Parking Available

Cinema

Communal Lounge

Concierge / Home Manager

Courtyard or Landscape Gardens

Guest Parking

Nearby amenities

Bus stop0.3 mi

Train station1.1 mi

GP surgery0.9 mi

Hospital1 mi

Local pub0.9 mi

Shops0.4 mi

Gallery

Care fee trajectory

Historical fee data not yet available for this property

The real 10-year cost of a retirement flat

The purchase price is only part of the picture. Service charges and an event (deferred-management) fee on resale add up — and retirement flats often don’t rise in value like ordinary homes. Adjust the figures below to see an illustrative total for Pannel Croft Village.

Purchase price · this home’s figureAnnual service charge · typical assumption — please adjustEvent / deferred fee on resale: 10% · typical assumption — please adjustRetirement leases commonly charge 10–30% of the sale price.

Years lived here: 10Value change: 0%/yr

Purchase price£90,000

Service charges (10 yrs × £6,000)+ £60,000

Estimated resale value after 10 yrs£90,000

Event / deferred fee (10% of resale)− £9,000

Amount returned on sale£81,000

Illustrative cost of 10 years here£69,000

≈ £6,900/year · £133/week

Illustrative only — a transparent model, not a quote, valuation or prediction. Event fees, service charges and resale values vary by scheme and contract; confirm the actual figures and full lease terms with the operator before deciding.

Frequently asked questions

Where is Pannel Croft Village located?

It is situated in Birmingham and is close to popular amenities.

What tenure options are available at Pannel Croft Village?

* **To Buy** - prices start from £90,000 (50% shared ownership)

Is Pannel Croft Village a member of ARCO (Associated Retirement Community Operators)?

Yes - The ExtraCare Charitable Trust - who run Pannel Croft Village are members of ARCO - Associated Retirement Community Operators, aim to improve the standard of retirement living across the UK. They ensure every retirement home offers the highest standard of housing and support to all residents.

Are there any retirement home fees at Pannel Croft Village?

Before deciding to purchase or rent, you'll need to know all the retirement home fees involved. These costs ensure that your retirement home is well-maintained with 24/7 support available for residents.
When you move into Pannel Croft Village, you will be required to pay the following fees:

* **Service Charge** - a monthly payment which covers the cost of the maintenance of your retirement property.

Are luxury facilities available at Pannel Croft Village?

Yes! There are several facilities for you to try, including; a Bar, Cinema, a Communal Lounge, a Concierge and a Gym or Fitness Suite, which will help you unwind in your new surroundings.

More retirement homes near Birmingham

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Antoine Care LTD, Birmingham — CQC good

Arden Place, Birmingham — CQC good

Aspect Supported Living Limited, Birmingham — CQC requires_improvement

Aspects Care Limited, Birmingham — CQC good

Information last reviewed June 2026.

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