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For Sale - Park Avenue, Hartlepool, TS26 - From £69,950

Property photo 1, Park Avenue, Hartlepool, TS26

Park Avenue Care Community | Care Home Suites

Nu:Move are proud to present Park Avenue Care Community offering investors units for sale in the lucrative care home industry with two options for return on investment. Option 1 allows for Investors to act as private landlords offering a 14% ROI and option 2 allows for a fully managed serivce offering 10% guaranteed ROI.

Occupying the corner plot of an imposing, Grade II listed Victorian terrace within an affluent residential area, the stunning new acquisition is a former care home with huge potential for luxury redevelopment.

Facing the picturesque and leafy Ward Jackson Park, our home retains many of its original features, with an elegant Italianate front facade and a purpose-built extension to the rear. A comprehensive refurbishment has already been started by its previous owner. The property is situated in Hartlepool, a town in County Durham in the north-east of England. The area has seen a significant amount of regeneration investment, including the £60m redevelopment of its marina quarter. Demographic data shows a significant increase in the number of over 65s in the area over the next 20 years (from 1:6 to 1:4 of the population), and a doubling of the number of over 85s in the same period.

Availability:

* Units available from £69,950 to £85,400.