1 Bedrooms Flat for sale in Cardiff Care Home, Hemingway Road, Cardiff CF10 | £ 84,950
Overview
| Price: | £ 84,950 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Cardiff |
| Town: | Cardiff |
| Postcode: | CF10 |
| Address: | Cardiff Care Home, Hemingway Road, Cardiff CF10 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
Cardiff care home en-suite rooms
All the rooms are ideally on the ground floor which created ease for the elderly or less able to move around freely and the cleverly designed hallways are divided into a number of wings with all amenities close together, which include 3 lounges, a dining room and a garden & patio area.
Care Home investment straddles the bridge between commercial property investment and buy-to-let property investment. While care homes themselves are classed as commercial property, they are used as domestic residences for private individuals and hence benefit from the high demand for residential property in the UK.
Cardiff is a port city on the South coast of Wales, where the River Taff meets the Severn Estuary. The revitalised waterfront at Cardiff Bay includes the Wales Millennium Centre, Home of the national opera, orchestra, theatre and dance companies, plus shops at Mermaid Quay
Investment Overview
• Operating Care Home
• 12% Assured Net Rental Income
• 1 Bedroom En-Suites Available
• Fully Furnished
• Completed & Tenanted
• Buy Back Option
Why Invest
The UK has a rising demand for specialist residential care homes due to the ageing population.
High yielding, hands-off care homes are very popular with investors because they are fully-managed by the care home operator who will oversee the care of the patient and maintenance of the room.
Care Homes investments are relatively new in the investment industry, offering an alternative to the conventional buy to let investments in property and create a safeguard for our older generation.
The National Health Service in the UK has been reducing capital and seeking out private partners to develop and manage care homes. Virgin Care entered the market in 2010, and over the past 6 years has been awarded contracts worth more than £1 billion and runs over 200 nhs services.
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Property Location
Property Marketed by Alesco Investment Properties
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