Property description
UK Care Home Property Investment
Calderdale House offers an excellent opportunity to invest in one of the UK's most exciting property asset classes. Care home room investments are a great alternative to buy-to-let property investment opportunities and with an ageing population in the UK, the demand for such developments is higher than ever. With prices at £79,950 per room, this opportunity provides investors with an 8% NET yield, 10 years rental assurance, 6% interest on deposit and an annualised NET yield of more than 10.68%. The development also benefits from a guaranteed and profitable exit strategy with two buy back structures at 3-6 and 7-10 years post completion.
There is a limited availability of only 65 suites, so we would recommend investors act quickly to ensure that they do not miss out
Investment Overview
Care home rooms for £79,950
8% NET yield (During Leaseback, the developer contractually undertakes to pay the ground rent)
10 year rental assurance
6% interest on deposit
Developer buy back with 10% uplift at year 3-6
Developer buy back with 15% uplift at year 7-10
Fully managed by specialist care home operator Seabank Care
Ground works commenced,Completion August 2015
Leasehold tenure 125-year lease
Income paid quarterly in arrears
Conveyancing fees £645 + VAT + disbursements
Property Specification
65 suites, Reception areas, Flexible social areas, Large kitchen, Dining areas, Hairdressers, Convenience store, Quiet rooms, Drop in day-care facility, Manager's office, Decking & lawn areas.
There are approximate 42,581 people over the age of 65 within a 10-mile radius of the home. There is 1 nursing home bed to every 4.5 people within a 5-mile radius and The Office of National Statistics predicts that persons over 85 years in the UK will triple from 1.8 million in 2008 to 7 million by 2081. Current levels of care and nursing homes are at 24,000 and it is calculated that in order to meet this demand this number would need to double in the next 25 years so based on the assumption that 40% of over 85 year olds will require nursing care over the next 20 years the additional demand for care and nursing home rooms is calculated at 800,000 rooms. Overall the number of people aged 65 and over is predicted to rise by two thirds by 2081 according to National Statistics reaching 15.8 million; at that time more than one in five will be at the age of 65 or over.
Seabank Care Ltd have a wealth of experience in the running and operating of care homes, with two successful residential facilities located in the west of Scotland. The Seabank Care Home and the Woodside Care Home have both received 'Good' ratings for the quality of the care and support they offer, as well as the quality of the environment they provide from the Care Inspectorate, Scotland's independent regulator of social care and social work services. Seabank Care Ltd aims to 'Provide its residents with a secure, relaxed and homely environment in which care and wellbeing is of prime importance
Property Features :
- Care Home Rooms for £79950
- 8% Net Yield
- 10 Year Rental Assurance
- 6% Interest on Deposit
- Developer Buy Back Option