Fully Managed Care Home For Sale – Rotherham

RI Lease in place – Zero maintenance and repair on all internal fixtures and fittings, as well as any damaged caused. The property will be returned in the state it was given at the end of the lease term.

Price: £379,250 including all refurbishment and furniture and VAT

Net Yield: 12% NET Secured for 20 years (goes up inline with inflation but not paid on VAT)

Annual Net Income: £44,467

Monthly Net Income: £3,705

Capital Appreciation: 7% Per Annum

• • Off Plan stamp duty saving of £11,955
  • Garden to the rear
  • Off-street parking to the front
  • Secured Income for 2o years
  • EPC C
  • Property comes fully furnished and fully compliant. This property requires a refurbishment which our team will take care of.
  • 100% Freehold property. You own the asset from day one.
  • We take care of all the refurbishment, management and compliance. We have over 34 years of investment property development and management experience.
  • This is a cash purchase purely for speed. As we produce a number of  Care Properties per year we do not have the time to wait for a mortgage to process. The property can be refinanced after it is complete.

About the Property

• 100% freehold properties. You own the bricks and mortar and benefit from capital appreciation for the entire 20-year term.
• Strong contract and income security; Local Authorities have a statutory duty of care to house looked after children resident to their area.
• Rent increases in line with CPI (capped and collared at 5% and 0% respectively) every one year from the lease commencement date, protecting your income from inflation.
• Refurb is guaranteed in terms of price and time. Investor will never pay a penny more than quoted and your first full rental payment is guaranteed on completion of the project.
• RI Lease in place – Zero maintenance and repair on all internal fixtures and fittings, as well as any damaged caused. The property will be returned in the state it was given at the end of the lease term. The investor only needs to pay the annual bricks and mortar insurance
• No involvement needed from the investor at all, these are a completely hands free, passive investment.
• Contracts are signed as soon as the shell is purchased, offering you the ultimate security and removes investor vulnerability. AFL’s are issued before purchasing to give a peace of mind and security for clients thinking of investing,
• As landlord/investor you have zero liability for the children; all liability remains fully 100% with the care provider.
• Investor is the landlord who contracts the care provider in as the tenant before purchasing the shell via the AFL.
• Property development directors have over 53 years in property, care directors have over 48 years in specialist care sector.
• These properties satisfy ESG, and we can give further details on this if/when needed.