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1 bedroom property for sale

Care Facility Offering a Net Rental Return for 25 Years with a Defined Exit Strategy

Withdrawn from Market £65,500

Property Description

Key features

  • Care Facility Investment Opportunity
  • Circa 8% Net Rental Income for 25 Years
  • Guaranteed Buy Back Option At Years 10/15/20 & 25
  • Fully Managed by A Specialist Care Home Operator
  • Rooms Available for 65,500
  • No Ongoing Fees or Charges

Full description

Fully operational care home investment opportunity with 10% yield for 10 years and guaranteed buy back option of 125% at year 10 Newton Manor is a 69-bed care facility in Greater Manchester providing care services to both local authority and private individuals. This open and fully operational care facility will undergo a full schedule of refurbishment to bring it in line with dementia design guidelines including appropriate d?cor and furnishing specifications. Operating as a specialist and enriched dementia facility, Newton Manor will be transformed into both a family and local community inclusive home to exceed many of the Care Quality Commission (CQC) standards of care. Newton Manor offers an exceptional buy-to-let opportunity, which delivers an annual rental income of circa 10% over 10 years, and comes with an assured developer buy-back delivering an exceptional ROI. KEY FEATURES ? Fully operational care facility ? Circa 10% NET rental income for 10 years ? Fully managed by a specialist care home operator ? Guaranteed 125% buy back option at year 10 ? Purchase for £70,000 PROJECT: Newton Manor LOCATION: Greater Manchester SUMMARY: 69 bed built & operational care home facility PRICE: £70,000 UK CARE: As a country, the UK is ageing; care for the elderly already generates an income in excess of £14.5 billion for the UK economy every year, the majority being funded by the government. Estimates from the Office of National Statistics ( uk) suggest that 1 in 4 people will be aged 65+ by 2050, representing a 56.3% increase from 2012. ASSURANCE: Circa 10% NET 10 years with an assured 125% developer buy-back in year 10. PAYMENT PLAN: £1,000 Reservation fee. Contracts issued with balance due upon completion, within 4 weeks of reservation. SECURITY: 125 year leasehold title with UK Land Registry. ADDITIONAL FEES: There are no additional fees or hidden charges.

More information from this agent

Listing History

Added on Rightmove:
21 October 2016

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