New
Luxury Care Investment – Retirement Home in Devon
FROM £79,950
  • New
  • 10%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Income paid monthly
  • 125% buy back in year 10
  • Invest in a suite from £79950
  • 10% net returns over a ten-year commercial lease
  • Located in Devon – the most popular county with retirees

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

A new luxury care investment has become available in a retirement home in Devon.

Paignton Luxury Care Investment – Retirement Home in Devon

This luxury retirement development is situated in the Torbay region of Devon, also known as the English Riviera. The English Riviera is a 22-mile stretch of outstanding Devon coastline that consists of 20 beaches, hotels and rocky coves.

Situated in picturesque Devon, it is well-placed to accommodate the county’s sizeable elderly population, where the number of over 70s is expected to increase by 28.1% by 2025.

Naturally it makes sense that there is a huge requirement for retirement property in the region, and due to the elderly population residing there having high amounts of disposable income, luxury property particularly is in demand.

This luxury retirement home will consist of 25 suites, arranged over three floors with spacious communal areas. Due to its premium nature, there will be an on-site cinema room, gym facilities, day trips to local attractions and fine dining experiences for the residents to enjoy.

Luxury retirement accommodation investment fundamentals

• Invest in a suite from £79,950
• 10% net returns over a ten-year commercial lease
• Income paid monthly
• 125% buy-back in year 10
• Hands-off investment
• Located in Devon – the most popular county with retirees

Why invest in a luxury retirement home in Devon?

Luxury care home investment is a relatively new phenomenon, and 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.”

Britain’s over-65 population is predicted to grow four times faster than the general population over the next five years, and in England alone, the over 60s have £1,200bn in unmortgaged housing wealth. Savvy investors are recognising the lucrative nature of luxury retirement homes as many wealthy elderly people are looking to downsize, so these units sell out very fast – the last development sold out within a day of launch.

Luxury Care Investment – Retirement Home in Devon
  • Income paid monthly
  • Invest in a suite from £79950
  • Located in Devon – the most popular county with retirees
  • 10% net returns over a ten-year commercial lease
  • 125% buy back in year 10
Luxury Care Investment – Retirement Home in Devon

Purchase Price

£79,950

Property Location

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