Last Few Units
Luxury retirement home in Durham
FROM £395,950
  • New
  • 10%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Income paid monthly
  • Hands off investment
  • 125% buy back in year 10
  • 10% net rental over a 10 year commercial lease

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

Buying a care home can produce 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

Windlestone Hall is a new luxury retirement home in Durham.

Windlestone Hall is possibly one of the most significant buildings in the north east. Previously the birthplace of former prime minister Sir Anthony Eden, the hall sits on extensive grounds and is located close to the North York Moors, Yorkshire Dales and the North Pennines Area of Outstanding Natural Beauty.

This Grade II listed hall will undergo sympathetic refurbishment, to create a selection of around 45+ spacious en-suite apartments. The extensive grounds the hall sits on, will be utilised to create a further 40 luxury apartments. Each will be sensitively designed to be in-keeping with the building’s original design and architecture.

The luxurious nature of the investment means that residents will have the opportunity to partake in various high-brow social activities, such as wine tasting and fine dining. Regular excursions to the surrounding countryside and the county town of Durham will take place, and for those who prefer to remain onsite, there is also a gym, cinema room and salon.

Windlestone Hall – Luxury retirement home in Durham investment fundamentals

  • 10% net rental over a 10 year commercial lease
  • Income paid monthly
  • 125% buy-back in year 10
  • Invest from £395,950
  • Hands-off investment
  • Situated in county Durham where over 65s will account for one in four by 2030.

Why Invest in Luxury Retirement Homes in Durham?

The north east has a high percentage of elderly inhabitants. County Durham particularly has high percentage of over 65s, accounting for around 19% of the overall population. Since 2001, the number of over 65s has increased by 21%, which is more than the regional increase of 14.6% and the national increase of 18.8%. Those aged 65+ are expected to increase from 1 in 5 people in 2013 to 1 in 4 by 2030.

Retirees are attracted to the county due to its proximity to many national parks and Areas of Outstanding Natural Beauty, rural location and slower pace of life compared to surrounding counties. Contact us today to find out how this rapidly growing pool of over 65s can positively benefit your investment.

History of Windlestone Hall

Windlestone Hall is a 19th Century grade II listed building located in County Durham. The hall was created in 1835 by the fifth Baronet, Robert Johnson Eden, who created the mansion with the help of the famous architect, Ignatius Bonomi. The two-storey property was finished to the highest standard both internally and externally. It features a twelve-bay balustraded frontage, which allows occupants to look out onto the properties stunning grounds.

The house was the birthplace of Anthony Eden in 1897, who went on to become the primeminister of the UK in 1955 for two years. Furthermore, the house has a diverse history as it was also used as a prisoner war camp during World War II. In more recent times it has been occupied by Windlestone Hall School who used the property from 1957 until 2006 when the school closed and the council sold the property.

Luxury retirement home in Durham
  • Hands off investment
  • 10% net rental over a 10 year commercial lease
  • 125% buy back in year 10
  • Income paid monthly
Luxury retirement home in Durham

Purchase Price

£395,950

Property Location

Would You Like Property Email Alerts?
Sign Up To Our Newsletter Today!
Your email address is safe with us - we HATE spam
Still unsure? Click here and we will call you back!