13:29 PM, 12th October 2017, About 4 years ago
Located in a county with one of the highest percentage of over 65s. This luxury retirement home investment in St Austell attracts self-paying residents which are shown to be the most profitable.
A 10% net rental income is guaranteed for ten years with a buy back option in year 10 for 125%. Units start from £85,400 and are selling fast.
Enquire today on the form below to avoid disappointment.
St Austell is based in the county of Cornwall, a popular retirement destination for Britain’s elderly population, due to its vast expanse of beaches, coastlines and countryside. The county offers a slower pace of life compared to the rest of the UK, and it also enjoys the mildest and sunniest climate.
Located on one of the main routes into the beautiful town of St Austell in Cornwall, in a conservation area just a few miles from both Charlestown (where the drama Poldark was filmed) and The Eden Project, is our latest project to hit the market.
All suites will be furnished to the highest specification and will be equipped with a nurse calling system, Wi-Fi, a plasma TV and a fridge. Due to its position in the market as a luxury retirement community, St Austell will offer various social and leisure activities to residents, including fine dining and the opportunity to cultivate seasonal produce.
St Austell Investment Fundamentals
Why Invest in Luxury Care Homes?
This investment is uniquely positioned as a luxury care home, attracting self-paying residents who wish to spend their twilight years in beautiful surroundings enjoying excellent company. These niche luxury care homes with a high proportion of self-paying residents have proven to make excellent investments, as these care homes often achieve better profit margins compared to those with a high number of residents reliant on support from local authorities. Cornwall and the south west in general have the highest percentage of the population at state pension age and above, meaning that St Austell is well-placed to cater for the demand.
According to a report by CBRE, “Investors are starting to wake up to this and a ‘build to rent’ elderly PRS market will emerge, becoming an interesting new option for long income buyers.”
Enquire today to find out more about this exciting emerging market using the form below:
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