1 bedroom retirement property for sale

Windlestone Park, DL17

Leasehold £117,500

Property Description

Key features

  • 10% net rental over a 10-year commercial lease
  • Income paid monthly
  • 125% buy-back in year 10
  • Invest from 117,500
  • Hands-off investment
  • Situated in county Durham where over 65s will account for one in four by 2030.
  • Grade II listed building
  • Surrounded by Areas of Outstanding Natural Beauty and National Parks

Full description

Tenure: Leasehold

Windlestone Hall is possibly one of the most significant buildings in the north east. Previously the birthplace of former prime minister Sir Anthony Eden, the hall sits on extensive grounds and is located close to the North York Moors, Yorkshire Dales and the North Pennines Area of Outstanding Natural Beauty.

This Grade II listed hall will undergo sympathetic refurbishment to create a selection of around 45+ spacious en-suite apartments. The extensive grounds the hall sits on will be utilised to create a further 40 luxury apartments. Each will be sensitively designed to be in-keeping with the building's original design and architecture.

The luxurious nature of the investment means that residents will have the opportunity to partake in various high-brow social activities such as wine tasting and fine dining. Regular excursions to the surrounding countryside and the county town of Durham will take place, and for those who prefer to remain onsite, there is also a gym, cinema room and salon.

Windlestone Hall - Luxury retirement home in Durham investment fundamentals

10% net rental over a 10-year commercial lease
Income paid monthly
125% buy-back in year 10
Invest from 117,500
Hands-off investment
Situated in county Durham where over 65s will account for one in four by 2030.

Why Invest in Luxury Retirement Homes in Durham?

The north east has a high percentage of elderly inhabitants. County Durham particularly has high percentage of over 65s, accounting for around 19% of the overall population. Since 2001, the number of over 65s has increased by 21%, which is more than the regional increase of 14.6% and the national increase of 18.8%. Those aged 65+ are expected to increase from 1 in 5 people in 2013 to 1 in 4 by 2030.

Retirees are attracted to the county due to its proximity to many national parks and Areas of Outstanding Natural Beauty, rural location and slower pace of life compared to surrounding counties.

Contact us today to find out how this rapidly growing pool of over 65s can positively benefit your investment.



Listing History

Added on Rightmove:
05 December 2017

Nearest stations

  • Shildon (2.7 mi)
  • Newton Aycliffe (2.8 mi)
  • Bishop Auckland (3.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

One Touch Property Investment, London

288 Bishopsgate, City of London, EC2M 4QP

020 8012 4798 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

  • Shildon (2.7 mi)
  • Newton Aycliffe (2.8 mi)
  • Bishop Auckland (3.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

One Touch Property Investment, London

288 Bishopsgate, City of London, EC2M 4QP

020 8012 4798 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.

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