New
Cornwall Care Home Investment – Millpond View
FROM £85,400
  • New
  • 10%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Reserve a unit for £2000
  • Units priced from £85400
  • 10% net return for ten years
  • Traditional Victorian building
  • 110% buy back in year five 125% buy back in year 10
  • Fine dining and wine tasting experiences for residents

WHY INVEST IN CARE HOME INVESTMENTS?

HIGH DEMAND

The UK has a rising elderly population and the demand for care is set to increase by 150% over the next 4 years (OFT).

HIGHER YIELDS

The UK’s care sector can provide higher than average returns when compared to more traditional asset classes.

HANDS FREE

A specialist advisor will be appointed to manage your unit to ensure that you receive “hands-free” returns.

WHAT INVESTORS SAY

PROPERTY DETAILS

Cornwall Care Home Investment – Millpond View

* There is now a new opportunity to invest in a Cornwall care home called Millpond View.

Cornwall is a popular retirement destination for Britain’s elderly population, due to its vast expanse of beaches, coastlines and countryside. The county offers a slower pace of life compared to the rest of the UK, and it also enjoys the mildest and sunniest climate.

Due to the popularity of the county with the elderly population, it makes sense that suites in luxury care homes are in demand. Hence the development of Millpond View, a grand Victorian building based in the seaside town of Hayle, which is close to the popular towns of St Ives and Penzance. The building will undergo significant refurbishment this summer, but will still retain its Victorian features, adding to its charm. Once completed, the development will offer 23 luxury suites to accommodate those aged 55 and over.

All suites will be furnished to the highest specification and will be equipped with a nurse calling system, Wi-Fi, a plasma TV and a fridge. Due to its niche position in the market as a luxury retirement community, Millpond View will offer various social and leisure activities to residents, including fine dining and the opportunity to cultivate seasonal produce.

Millpond View – Cornwall Care Home Investment Fundamentals

  •  Units priced from £85,400
  • Reserve a unit for £2000
  • 110% buy back in year five. 125% buy back in year 10
  • 10% net return for ten years

Why Consider a Luxury Care Home Investment

This investment is uniquely positioned as a luxury care home, attracting self-paying residents who wish to spend their twilight years in beautiful surroundings enjoying excellent company. These niche luxury care homes with a high proportion of self-paying residents have proven to make excellent investments, as these care homes often achieve better profit margins compared to those with a high number of residents reliant on support from local authorities. Cornwall and the south west in general have the highest percentage of the population at state pension age and above, meaning that Millpond View is well-placed to cater for the demand.

According to a report by CBRE, “Investors are starting to wake up to this and a ‘build to rent’ elderly PRS market will emerge, becoming an interesting new option for long income buyers.”

Enquire today to find out more about this exciting emerging market.

See our other retirement property investments here.

Cornwall Care Home Investment – Millpond View
  • Fine dining and wine tasting experiences for residents
  • Traditional Victorian building
  • Reserve a unit for £2000
  • Units priced from £85400
  • 10% net return for ten years
  • 110% buy back in year five 125% buy back in year 10
Cornwall Care Home Investment – Millpond View

Purchase Price

£85,400

Net Income Per Annum

£8540

Property Location

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