1 bedroom property for sale

UK Care Facility Investment Offering a 10% Net Guaranteed Return for 10 Years With A Defined Exit Strategy

Sold STC £64,950

Property Description

Key features

  • UK Care Facility Investment
  • 10% Net Guaranteed Returns For 10 Years
  • Defined Exit Strategy With Uplift
  • Supported By The Local Authority
  • Only 40 Rooms Available

Full description

We are delighted to introduce you to a unique investment opportunity in a care facility providing accommodation and onsite education courses for individuals with learning disabilities located in Gateshead. Learning Disability accommodation and education facilities across the country are in short supply. This facility will be the first facility in England to bring together advanced living for people with learning disabilities who are transitioning from home or more formal setting towards their own independence. The Education arm will also supply onsite accredited education courses to help the service user lead a fulfilling and productive life. The Local Authority are supporting this project due to the huge demand for facilities such as this. This also provides further reassurance in terms of investment returns. KEY FEATURESReceive 10% net returns for 10 years on completionUnique, pioneering  Care Accommodation and Education facility with Local authority supportTotal price £64,950Earn 5% on money's deposited before completionGuaranteed buy back at end of year 10 at 110% which equates to £71,445Reserve your unit now for £5,000Exit StrategiesGuaranteed Buy Back Option at end of year 5 with a 7.5% uplift on original price £64950 + £4871.25 = £69821.25Guaranteed Buy Back Option at end of year 10 with a 10% uplift on original price £64950 + £6495     = £71445Sales ProcessReserve your unit now for just £5,000Your balance of first payment will be due within 28 days from receipt of reservation contract.Buyers solicitor will then be engaged. Financial return paid in arrears quarterly direct to yournominated bank account.5% interest (paid quarterly in arrears) until refurbishment has been completed 1st September 2016,when the total funds of £65k are received at exchange.Payment StructureReservation Fee of just £5000 depositUK solicitors instructed and contracts issuedFirst instalment of £26000 due at exchange of contracts 28 days after reservationSecond instalment of £26000 Completion monies £7950

More information from this agent

Listing History

Added on Rightmove:
28 October 2015

Nearest stations

  • Felling (0.6 mi)
  • Heworth (0.9 mi)
  • Byker (1.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Ashley Milton, London

290 Elgin Avenue, London, W9 1JS

020 7286 6565 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Felling (0.6 mi)
  • Heworth (0.9 mi)
  • Byker (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Ashley Milton, London

290 Elgin Avenue, London, W9 1JS

020 7286 6565 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 7363773. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ashley Milton, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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