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For Sale - Kirkhead Road, Kents Bank, LA11 - From £74,950

Property photo 1, Kirkhead Road, Kents Bank, LA11

ABBOT HALL | CARE STUDIO FROM £74,950

High yielding asset class delivering 10% NET RETURNS guranteed over a ten year commercial lease.On completion, investors can choose one of three ways to receive their income.

INVESTMENT HIGHLIGHTS

o 10% NET per year rental returns guaranteed for 10 years

o Lease it back to us for a 10-year term

o Investor-discounted prices from £74,950

o Reserve for £2,000 per studio

o 110% buy back guarantee in years 5-6

o 115% buy back guarantee in years 7-8

o 120% buy back guarantee in year 9

o 125% buy back guarantee in year 10

o Closing fees held with UK lawyers until completion (within 6-8 weeks of reservation)

Sit back and enjoy a hassle-free investment

o Receive rental income from the occupied studio, paid monthly into your chosen bank account 14 days after you complete...

o ...or choose a managed service provider to manage your studio and ensure a regular monthly return

o All studios are within 5-star luxury facilities with care provided by an experienced CQC-regulated operator

o The opportunity to purchase further studios within our development portfolio, ensuring a continuing ROI

The former hotel will be transformed into a luxury lifestyle resort of 30 suites, 8 studios and 5 luxury lodges. Rooms have a stunning view of the grounds and will be available for long and short-term residents - with an option to access to 24/7 professional care packages. Situated in Grange-over-Sands a quiet seaside retreat on the Southern tip of the Cartmel peninsula, between the mountains and the sea, and only 7 miles from Windermere this is the perfect location to explore the Lake District's famous lakes, forests and mountains.

WHY INVEST IN CARE HOMES?

Residential care home sector is currently worth L15.9 billion and is currently struggling with the high demand of elderly people needing a home. For the first time the amount people in the age group over 60 (currently 14million) is now outnumbering the under 16 age group (currently 11.5million).

Between 2012-2032 the population of over 85s (the primary users of care homes) is expected to increase by 106%, and the total number of older people with care needs is expected to increase by over 60%. There is growing demand for modern, fit-for-purpose care homes, funded by private investment.

REGISTER YOUR INTEREST

With our other developments quickly selling out, contact our investment team today to register your interest in this luxury studio development on 0330 223 0331.