Apartment in city Freckleton
10000.00 sq.m., 28 bedrooms

€ 75 000
For sale retirement home located in Freckleton, UK!

Investment strategy

Receiving fixed passive income

Location

Freckleton is a city in the north-west of England. It is located near the coast of the Irish Sea. The city has easy access to transport: the residence is located 15 minutes from Preston, 25 minutes from Blackpool, an hour from Liverpool and Manchester. Near the city is located the nature reserve "Bowland Forest", which is famous for its beauty and landscapes.

Description of object

Retirement home has 28 apartments, each one of them has it’s own bathroom;
Apartments are rented out, they have long-term tenants;
Retirement home received an award as one of the top 20 in the north-west of England (Rating on site - carehome.co.uk - 9.9 points);
Managed by a specialized operator with CQC-license;
It has all the necessary services for elderly people 24/7;
Address: Freckleton, Lancashire.

Financial indicators

- Price of each apartment - 75 000 GBP.
- Fixed income over 25 years: 8% from 1-5 year., 9% from 6-10 year., and 10% from 11-25 year.
- Payouts every six months or a year - the choice of the investor.
- Ownership – Leasehold for 250 years.
- Option of guaranteed buy-back after 10 year of ownership with mark up of 15%, after 15 years – 20%, after 20 years – 25%, after 25 years – 30%.
- In purchase case, investor doesn’t have to pay the commission.

Contact information:

Ernests Graudumnieks

E-mail: [email protected]

Phone: +371 27417389

Website: www.enter-estate.com

Seller information

Seller type Agency
Company Enter Estate

Location of the property on the map

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