Published: 18 May 2017
Park Avenue is our latest care home investment opportunity to add to our ever-growing portfolio. The Grade II listed Victorian terrace development will see a refurbishment of a former care home, transforming it in to a 27-bed luxurious care home. The ensuite care studios have been designed with a vibrant interior, as well as retaining its original wood panelling and ornate ceilings. Park Avenue also has an elegant ground floor communal area, perfect for fine dining, relaxation and socialising. Making the design of Park Avenue specific to cater later life, with a unique living space.
Opposed to the Ward Jackson Park, Park Avenue benefits from overlooking the stunning leafy picturesque park. Likewise, with Park Avenue being located in the affluent residential neighbourhood, local shopping and leisure amenities are easily accessible from the development.
County Durham has recently seen a significant amount of regeneration in the area, with the most recent redevelopment being the £60 million Marina Quarter. The aim of the waterside redevelopment is set to include shops, restaurants, offices and apartments. Meaning there are many amenities to cater for everyone on the doorstep of Park Avenue.
Investors can generate a guaranteed 10% net for 10 years, with monthly rental incomes and a hands free fully managed investment. There is also an exit strategy and buy back option in place of 110% in year 5 and 125% in year 10.
If you would like further details on the Park Avenue care home investment opportunity, don’t hesitate to contact us today on 0161 337 3890 to speak with a member of our consultants’ team. Or email email@example.com for your free online information pack.