Care Home Properties

Ferndale, Manchester

From: £65,000
Invest from £65000
Buy back option in year 10 of 135%
Fully managed investment
10% returns over a 10-year commercial lease

Enquire about this property today

By completing this form, you give us permission to send your contact information to the property developer or their appointed agent.

They will share the property brochure and relevant information to help you make an informed decision. You hereby agree that your details will be added to a mailing list to receive emails of similar opportunities.

Ferndale – Manchester Care Home Investment Assisted Living


Care Home Investment Assisted Living

We are pleased to present our new care home investment assisted living “Ferndale Nursing home (Dementia)”,Eccles, Greater Manchester. Ferndale currently holds a CQC (care quality commission) registration to provide personal care to up to twenty-five (25) individuals living with varying degrees of Dementia and requiring a level of clinical intervention.

Having operated for 23 years, the new ownership and renovation period will cater for an intake of EMI (elderly and mentally infirm) residents to be cared for by specialist RMN nurses – Registered Mental Health Nurses. As part of the social care team and in conjunction with Dementia UK, a proportion of the staff will also benefit from specific training to become Admiral Nurses. With just over 100 specialist nurses servicing the country, demand for this type of inhouse care is unparalleled. With additional features such as generous room dimensions surpassing UK government sizing guidelines, and many additional facility improvements, including assistive technology, Ferndale exceeds many of the Care Quality Commission (CQC) standards of care.

Key Figures

£65,000
Starting Price

10%
Net Yield

Q2 2016
Completion Date

Investment Details

Investment Fundamentals

  • Investment from £65,000
  • 10% returns over a 10-year commercial lease
  • Buy back option in year 10 of 135%
  • Fully managed investment

The need for care homes in the Manchester area

  • Greater Manchester currently has in excess of 400,000 residents aged 65 years and over. Due to increasing life-expectancy, by 2021 this is projected to increase by around 20%.
  • The older people’s health and well-being atlas has been used to estimate that around 18.1% of all older people living within the borough have been assessed as deprived and as such will in the future be eligible for local authority funded social care.
  • There are currently circa 150,000 older people living alone in the Manchester area and as such will have no family carer as and when they require a higher level of support, this indicates a requirement for more high standard health and social care services.
  • There are an estimated 28,000 individuals living with dementia in the Greater Manchester area

The Numbers

Ground Rent:N/A

Number of Units:1

Service Charge:N/A

Prices:£65,000

Leasehold:N/A

Eccles GP
Salford Royal NHS Foundation Trust

Completed with high specification. Please contact one of our experts to discuss similar care home investment opportunities such as this one.

  • Client cash input £65,000
  • Reservation fee £500.00
  • Balance of cash deposit £64,500
  • Assured tenancy period 10 years
  • Income circa 10%
  • No. years cash deposit 0
  • No. years full purchase price 10

“We are your partner in prosperity”

If you are considering buying investment property, it starts with a conversation. If we understand what you are looking for we are in a better position to help you achieve your goals and save you time by recommending the most suitable property.

Request a call back