* Affordable care home investment opportunity available in the North East of England. Immediate income with no development risk as it is already completed.
A care home investment opportunity has arisen in Washington, North East England. Washington Lodge is 58-bed fully operational care facility situated in the residential heart of Washington. Developers will work considerately with staff and patients to convert the facility into a state-of-the-art nursing home focused on providing care for those who suffer with dementia.
Washington Lodge is situated in the historic town of Washington, in the North East of England. Washington boasts excellent transport links with major roads running through the town connecting to the A1(M) that goes northbound to Edinburgh and southbound to London. It’s also culturally rich, with an industrial past and links to the first President of the United States, George Washington. The North East, whilst not being the largest region in terms of population in the UK, has a percentage of those aged 65 and over estimated to be one of the fastest growing out of all the regions. Rural and coastal parts of the North East in particular have a larger percentage of people over the age of 65 compared to the South of England.
There is a choice of four exit strategies to ensure complete flexibility, with buybacks available at 115% in year ten, up to 125% in years 20 and 25. You also have the option to sell your unit on the open market at any point.
Unlike a traditional buy-to-let, you are not responsible for: monthly property management fees, property maintenance and refurbishment costs or any tenant-related issues including vacant periods that may result in a loss of earnings. This means that the opportunity is a completely hassle-free care home investment.
There is a growing demand for care homes as the elderly population grows in the UK. Unfortunately, there is not a large enough supply of care home units to accommodate the increased demand, so by investing in a unit you’d essentially be helping to cater for the need. Care homes in general are highly profitable investments, and by investing in Washington Lodge, you could achieve 10% rental income and a potential ROI of 225%.
£420 Per week
Net Income per annum