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1 bedroom healthcare facility for sale

Wagons Way Care Home, The Avenue, Washington, Tyne And Wear, NE38

£58,500

Property Description

Key features

  • 10% NET Returns Guaranteed for 25 years
  • Two purchase options
  • Four exit strategies
  • Just purchase price required (No hidden costs)
  • High quality nursing & dementia care

Full description

Tenure: Leasehold

Long Term Returns of 10% NET are on offer which is fantastic for anybody wanted a Hands Off Long Term Investment.

Investment Overview

58 spacious care units available for investment
Just purchase price required (No hidden costs)
High quality nursing & dementia care
Experienced facility operator
Two purchase options
Four exit strategies
10% NET Returns Guaranteed for 25 years
ROI of 250%

This is a unique care home investment opportunity whereby investors purchase individual rooms within a dementia standard nursing home and generate circa 10% rental income per annum for 25 years, with a buy back option up to 125% and a potential ROI of up to 250%.

Wagons Way is an open and operational nursing and care facility located in the historic town of Washington, North East England. With a total of 58 beds, the facility is set to undergo a rolling refurbishment. Working considerately alongside staff and residents, the programme will transform the care home facility and deliver excellent standards of nursing and palliative care to private and locally funded individuals.

Operated by an experienced developer, Wagons Way Care Home will offer an excellent quality of service in both a sector and location of growing demand; ensuring high occupancy and long-term operational success.

There are 2 investment options available; investors can choose to purchase a unit either with the full cash input, receiving the first year's rental income within 28 days of exchange; or take advantage of the 'by deduction' model and benefit from a lower cash input by offsetting the first year's returns against the annual rental income. All returns from year 2 onwards are then paid annually in arrears.

A choice of 4 assured exit strategies provides ultimate flexibility whilst rewarding long-term commitment with greater returns, delivering the most efficient and stable operation.
This unique model means that the developer leases back the asset, from the purchaser, assuming complete responsibility for the day-to-day running of the unit and all costs associated with this. Unlike a traditional buy-tolet, you are not responsible for: Monthly property management fees, property maintenance and refurbishment costs, or any tenant-related issues; including vacant periods that may result in a loss of earnings. This opportunity provides a completely hands-off, hassle-free, income generating asset.

Payment Process

Payment structure for this development is as follows:

500 Reservation Fee
Remaining Cash Balance (58,000) On Completion (Within 28 days)

About Aspire Invest

Aspire Invest work tirelessly to ensure you only ever see investment opportunities that are all set to be a great addition to your portfolio and can offer you fantastic returns combined with high growth potential.

Please call us today to discuss availability and your reservation options within this development.

Nearest stations

  • South Hylton (2.8 mi)
  • Pelaw (3.6 mi)
  • Heworth (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aspire Invest, London

The Gridiron Building One Pancras Square London N1C 4AG

020 7043 2335 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.

Floorplans

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Floor Plan
Floor Plan

To view this property or request more details, contact:

Aspire Invest, London

The Gridiron Building One Pancras Square London N1C 4AG

020 7043 2335 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

  • South Hylton (2.8 mi)
  • Pelaw (3.6 mi)
  • Heworth (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aspire Invest, London

The Gridiron Building One Pancras Square London N1C 4AG

020 7043 2335 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 WagonsWayCareHomeDevelopment. 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 Aspire Invest, 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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