BRAND Rethink
Redwoods
CQC good6 beds
Specialist care
Mental health
Care fee trajectory
Indicative weekly fee over time, against the local authority cost-of-care rate, for pricing transparency.
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 Redwoods.
Purchase price£250,000
Service charges (10 yrs × £6,000)+ £60,000
Estimated resale value after 10 yrs£250,000
Event / deferred fee (10% of resale)− £25,000
Amount returned on sale£225,000
Illustrative cost of 10 years here£85,000
≈ £8,500/year · £163/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.
More retirement homes near Birmingham
Information last reviewed September 2026.