New
The Winchester – Retirement resort in Sandown
FROM £75,950
  • New
  • 10%
    Net rental

KEY PROPERTY HIGHLIGHTS

  • Priced from £75950
  • Fixed return of 10% per annum
  • Hands-off property investment
  • 125% buy-back option in year ten
  • Developed and run by experienced care business
  • Over 65s make up 26.1% of the population on the Isle of Wight

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

The Winchester – Retirement resort in Sandown

The former hotel will be transformed by the developer into a luxury retirement resort in Sandown catering for over 65s. Upon completion, it will comprise 40 studios and 2 apartments that will be furnished to the highest specification. Rooms will boast premium quality furnishings, fabrics, prints and accessories to create unique living spaces in later life.

Communal spaces will include fine dining areas, lounges and a sun deck available for use by both long and short-term residents. There will also be landscaped gardens for those who fancy a leisurely stroll on a warm summer’s day.

The Winchester Retirement Resort in Sandown Investment Fundamentals

• Priced from £75,950
• Over 65s make up 26.1% of the population on the Isle of Wight
• 125% buy-back option in year ten
• Fixed return of 10% per annum
• Developed and run by experienced care business
• Hands-off property investment

Why Invest in the Isle of Wight?

The Isle of Wight has become an attractive retirement destination for the elderly. 50% of the island is designated as an Area of Outstanding Natural Beauty (Island Plan Core Strategy 2012). It is easy to see why it is an attractive venue for those in their twilight years. In fact, the island boasts a sizeable elderly population, with over 65s making up 26.1% of the population. Research from the Office for National Statistics has found that there is a net outflow of people aged between 15-29, who move to mainland Britain in pursuit of higher education and career opportunities. There is also an influx of those aged between 50 – 64 and 65-79. In fact, migration of those between 65-79 has risen sharply over time, and almost twice as many migrated to the island in 2014 compared with 2012.

Why Invest in a Luxury Care Resort?

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.

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 market and browse our website to discover more retirement home investments.

The Winchester – Retirement resort in Sandown
  • Priced from £75950
  • Developed and run by experienced care business
  • Hands-off property investment
  • Fixed return of 10% per annum
  • 125% buy-back option in year ten
  • Over 65s make up 26.1% of the population on the Isle of Wight
The Winchester – Retirement resort in Sandown

Purchase Price

£75,950

Property Location

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