Commercial in city Manchester
45.00 sq.m., 1 bedroom

€ 72 416

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UK. Manchester. The boarding house ( rooms ) for the elderly with an income.
For investors, the receipt of passive income.
Selling apartments in the boarding house for the elderly. Upon purchase of an apartment, the investor enters into a contract with the operator of the house for 25 years, under which the investor's profit grows 8% in first 5 years to 9% from 6 to 10 and 10% 11 to 25 year.
Tenement apartments in the boarding house for the elderly Bilberry Gardens in the suburbs of Manchester under the management of CQC-licensed operator
Project description:
• The boarding house for the elderly situated in the small town of Lee, 30 minutes by car from Manchester and 45 minutes from Liverpool;
• The home operates apartment;
• Point on map: https://goo.gl/maps/CJL21mvsXi82;
• The house 41 apartment;
• The price is at £65 000;( 72 416 euros )
• Guaranteed yield: 8% 1-5 years 9% 6-10 years 10% 11-25 years;
• Option of guaranteed buy-back after 10 years of owning a premium of 15% after 15 years – 20% after 20 years – 25%;
• Full management of CQC-licensed operator;
• Accommodation for more than 80% of the guests in the homes of this operator is paid by the state (Local Authority and NHS*);
• Rating of homes for CQC** - "Good";
*NHS (National Health Service) - health care system in England, financed and controlled by the Department of Health of England.
**CQC (Care Quality Commission) is the regulator in the UK, which issues permits for the provision of services in the field of nursing homes, hospitals, hospices, etc.
The rating of the home by CQC - "Good" means that the service meets the CQC requirements ("The service is performing well and meeting our expectations").
Prerequisites to investing in pensions for the elderly:
• The average age of people in the UK is increasing: 20 years number of people aged over 65 years will double. Of these, about 28% will apply to the age group over 85 years;
• More and more older people in the UK prefer to live in nursing homes. These institutions provide full-day care, a wide range of medical services, organized leisure and allow you to keep a habitual standard of living;
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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