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10-12% Net Income
Fully managed investment
Developer buy back
25 years experiance
No Stamp Duty
This is a rare opportunity to purchase an ethical and lucrative investment opportunity with a 10% net yield guaranteed for 25 years! Teesdale Lodge is a modern purpose-built Care Home which provides accommodation for adults who need short or long-term expert residential or skilled nursing care. The property comprises of 40 single rooms with en- suite facilities. All of the rooms are on the ground floor which creates ease for the elderly or less-able to be able to move around freely and the cleverly designed hallways are divided into a number of wings with all amenities close together which include 3 lounges, a dining room and a garden & patio area. Situated within a quiet, residential area of Stockton, Teesdale Lodge is easily accessible for both locals and visitors and many local residents have made Teesdale Lodge their permanent home.
Investment Highlights: - May 2019 completion - Price range from £64,995 to £69,995 - 10% net income for 25 years - Buy back option available for the investor/developer between years 5-25 @ 110%-125% - 25% on exchange of contracts
For more information about this property, please contact Property and Invest, N1 on +44 20 8115 8144 * (local rate)
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