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Studio apartment for sale

Manchester, OL7

Sold STC £70,000

Property Description

Key features

  • 10% net income for ten years
  • Buy back option in year 10 at 125%
  • First year's returns paid upon completion
  • Full refurbishment to ensure compliance with dementia design guidelines
  • Multi-sensory garden

Full description

Downshaw Lodge care home is a fully operational 45-bed care facility located in the Greater Manchester area and promises net returns of 10%.

Downshaw Lodge Care Home Investment Greater Manchester

Downshaw Lodge care home has the aim to operate as a specialist dementia care home facility that is inclusive of both the family and the local community. The 45-bed nursing home specialises in care for male residents living with dementia or a related condition, including residents presenting challenging behaviours in their means of communication. Specialist single-sex units are provided with individual bedrooms, 17 of which have en suite facilities. The highly qualified, experienced MBi Social Care team deliver sensitive individualised care planning with support from local mental health services. Features will include a multi-sensory garden that will help the health and well-being of residents, and the development will undergo a full refurbishment to ensure it fully complies with dementia design guidelines.

The care is delivered by Registered Mental Health Nurses and Registered General Nurses alongside a Registered Manager, who is also a Registered General Nurse with extensive experience in dementia care and in leading care teams in holistic approaches to person-centred care.

In terms of deliverables, Downshaw Lodge care home makes for an excellent investment. It promises 10% net returns for 10 years and an assured developer buy-back option in year ten at 125%. The first year's returns are paid to you immediately upon completion. It is fully managed, so it is suitable for those who are looking for hassle free investments.

Downshaw Lodge Care Home Property Features

* 10% net income for ten years

* Buy back option in year 10 at 125%

* Hands-off investment

* First year's returns paid upon completion

* Full refurbishment to ensure compliance with dementia design guidelines

* Multi-sensory garden

Why invest in care homes in Manchester?

The care home sector is proving to be extremely popular with buy-to-let investors and with weekly rents for care home with nursing averaging £673 p/w in the North West it's easy to see why.

The UK's population is ageing, and care facilities are often run at full capacity, and it is increasingly becoming a struggle to accommodate all of those who need care. The Office of National Statistics has estimated that by 2050, 1 in 4 of the UK's population will be aged 65 or over, so demand for care home facilities will steadily increase. By purchasing in a care home unit, you will be investing in something that is mutually beneficial.

Listing History

Added on Rightmove:
02 September 2016

Map & Street View

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