Flat for sale in Manchester, M40
St. Marys Road, Moston, Manchester, M40£70,000
Agent details
This property is listed with:
Full Details for Flat for sale in Manchester, M40 :
Newton Manor is a 69-bed care facility in Greater Manchester providing care services to both local authority and private individuals. This open and fully operational care facility will undergo a full schedule of refurbishment to bring it in line with dementia design guidelines including appropriate décor and furnishing specifications.
Operating as a specialist and enriched dementia facility, Newton Manor will be transformed into both a family and local community inclusive home to exceed many of the Care Quality Commission (CQC) standards of care.
Newton Manor offers an exceptional buy-to-let opportunity, which delivers an annual rental income of circa 10% over 10 years, and comes with an assured developer buy-back delivering an exceptional ROI.
KEY FEATURES
⢠Fully operational care facility
⢠Circa 10% NET rental income for 10 years
⢠Fully managed by a specialist care home operator
⢠Guaranteed 125% buy back option at year 10
⢠Purchase for £70,000
PROJECT: Newton Manor
LOCATION: Greater Manchester
SUMMARY: 69 bed built & operational care home facility
PRICE: £70,000
UK CARE:
As a country, the UK is ageing; care for the elderly already generates an income in excess of £14.5 billion for the UK economy every year, the majority being funded by the government. Estimates from the Office of National Statistics (www.ons.gov uk) suggest that 1 in 4 people will be aged 65+ by 2050, representing a 56.3% increase from 2012.
ASSURANCE: Circa 10% NET 10 years with an assured 125% developer buy-back in year 10.
PAYMENT PLAN: £1,000 Reservation fee. Contracts issued with balance due upon completion, within 4 weeks of
reservation.
SECURITY: 125 year leasehold title with UK Land Registry.
ADDITIONAL FEES: There are no additional fees or hidden charges.
Operating as a specialist and enriched dementia facility, Newton Manor will be transformed into both a family and local community inclusive home to exceed many of the Care Quality Commission (CQC) standards of care.
Newton Manor offers an exceptional buy-to-let opportunity, which delivers an annual rental income of circa 10% over 10 years, and comes with an assured developer buy-back delivering an exceptional ROI.
KEY FEATURES
⢠Fully operational care facility
⢠Circa 10% NET rental income for 10 years
⢠Fully managed by a specialist care home operator
⢠Guaranteed 125% buy back option at year 10
⢠Purchase for £70,000
PROJECT: Newton Manor
LOCATION: Greater Manchester
SUMMARY: 69 bed built & operational care home facility
PRICE: £70,000
UK CARE:
As a country, the UK is ageing; care for the elderly already generates an income in excess of £14.5 billion for the UK economy every year, the majority being funded by the government. Estimates from the Office of National Statistics (www.ons.gov uk) suggest that 1 in 4 people will be aged 65+ by 2050, representing a 56.3% increase from 2012.
ASSURANCE: Circa 10% NET 10 years with an assured 125% developer buy-back in year 10.
PAYMENT PLAN: £1,000 Reservation fee. Contracts issued with balance due upon completion, within 4 weeks of
reservation.
SECURITY: 125 year leasehold title with UK Land Registry.
ADDITIONAL FEES: There are no additional fees or hidden charges.
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