Excellent Assisted Living Apartments in Good Rental Location
DESCRIPTION
The assisted living project comprises of 94, Studio, 1 and 2 Bedroom apartments situated within a former office building which was converted by experienced and award winning local developer in 2019.
All apartments have been completed to a high standard are completed with in site parking. Each individual dwelling has been carefully thought out to maximise on space and offer an open, modern and contemporary feel.
This is a very strong ethical investment for the discerning individual. The assisted living investment is bolstered and offers a security blanket of section 117 of the Mental Health Act in UK legislation which protects both investors and the vulnerable individuals accommodated should the housing association company face any difficulties.
Is Assisted Living Investment a new popular Care Home Investment alternative? It is certainly looking like that across the nations investor landscape, especially with hands free investment in Buy to Let in the UK. Providing care in the community is becoming a popular investment trend among the socially conscious and ethical investor in these modern day.
Assisted living properties offer a stable and long-term investment opportunity with potential for attractive returns. As the population ages and the demand for high-quality care increases, the need for quality assisted living properties is expected to rise. This trend makes it a promising sector for investments.
As with any investment, there are risks involved. However, due to the stable demand and long-term leasing contracts often associated with assisted living properties, the risk level can be considered lower compared to other real estate investments.
ETHICAL INVESTMENT IMPACT
An investment in assisted living is not merely a financial endeavour; it signifies a meaningful contribution to society by supplying a crucial service for the vulnerable population. This is an exceptionally gratifying prospect for ethically-minded investors striving to make a difference whilst earning a financial return.
25 YEAR CONTRACT
Upon completion of your property purchase, The Housing Association running the homes will enter into a new, 25 year FRI contract with no break clause and an upward only annual rent review linked to CPI. Year one income commences at 10% of your purchase price.
| Guide | |
| Location: | North of England |
| Property Type: | Assisted Living - Studios, 1 and 2 Bed |
| ROI From: | 10% index linked by CPI+1% - paid Monthly |
| Guide Price Studio & 1 Bed from: | £156,000 |
| Guide Price 2Bed from: | £182,000 |