Assisted Living in city Durham
40.00 sq.m.

€ 225 087

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UK. Ferryhill. Profitable apartment in a nursing home luxury apartments.
Profitable apartment in a nursing home luxury apartments Windlestone Hall in the UK under the control of a licensed operator.
The house is located in a historic residence Windlestone Hall, which belonged to former Prime Minister sir Anthony Eden. The building built by his father in 1830 and located in County Durham in North East England. At the moment the building is being renovated to convert it into a nursing home super luxury class c 56 apartments.
Main features:
• The cost of apartments from £195 950; ( 225 087 euros )
• Guaranteed yield of 10% for 10 years;
• Full management of the building by a licensed operator;
• Option of a guaranteed buyback after 5 years of ownership and a premium of 10%. After 7 years – 15% margin, after 9 years – 20% after 10 years - 25%;
• The right of the property is leasehold for 125 years;
• Full control of the house CQC-licensed operator;
• Address: Ferryhill DL17 0LX (https://goo.gl/maps/knjff7pcfKo).
Example of calculation of income taxes and costs with the purchase of 1 apartment for £195950:
• the annual income of 10% or £19595; ( 22 508 euros )
• one-time tax on property purchase: £919;
• one-time legal support: £1500;
• annual tax support: £200;
• annual income tax: £1000-1500;
There is a choice of apartments and houses in various budget, including commercial facilities

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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