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Windlestone Hall Care Community, Durham

Development Details

  • Price: £117,625.00
  • Location: Durham
  • Region: County Durham
  • Country: United Kingdom

Highlights

  • Increasing demand for luxury care accommodation
  • Option for 10% rental returns assured for 10 years
  • Monthly rental income payments
  • 110% buy back guarantee from exchange
  • 125% buy back guarantee in year 10

Enquire about this Development

Information on Windlestone Hall Care Community

Windlestone Hall Care Community in County Durham is a Grade II listed stately home, set to be transformed into a stunning retirement community. Windlestone Hall Care Community will be divided in to approximately 80 units, with studios and one and two-bedroom apartments and cottages. The rural location of Windlestone Hall Care Community, means the communal areas and studio apartments will overlook the beautiful woodland surroundings. Residence of Windlestone Hall Care Community will also benefit from many onsite facilities from; a country club to a swimming pool and spa to a cinema, tennis courts and bowling green.

The leaseholds of individual care studios within the development portfolio can now be purchased by investors at a discount on their full retail price. Once purchased, the developers will lease-back the care studio from you for a price equal to 10% net assured for the following 10 years.

When the developers have a resident for your care studio, they will buy it back from you for 10% net premium (guaranteed for 10 years) on your initial investment, giving a quick, healthy return on investment. They also offer a 110% buy-back from exchange, or 125% buy-back in year 10, in the unlikely event that they haven’t sold the studio to an end user by then.

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Windlestone Hall Care Community - Investment Highlights
- Increasing demand for luxury care accommodation
- Flagship development
- A range of on-site facilities
- Historic stately home in spacious grounds
- Option for 10% rental returns assured for 10 years
- Monthly rental income payments
- Hands free investment, fully managed
- 125-year lease
- 110% buy back guarantee from exchange
- 125% buy back guarantee in year 10
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Windlestone Hall Care Community - Investment Options For Investors
Investors can purchase the leaseholds of individual care studios within our development portfolio at a 30% discount on their full market price. On completion, investors can choose one of three ways to receive their income:

Option 1: Investor as Landlord
Receive rental income based on the studio’s market rate, with a developer’s cash-back (3% of purchase price) on completion to cover the period of refurbishment works. Rental income will then be paid when the studio is occupied.

Option 2: Managed Service
Receive a 10% fixed monthly income by using a lease management company, such as our preferred supplier Care Home Freehold Ltd (www.carehomefreehold.co.uk). This will safeguard income regardless of whether the studio is occupied or not. The same developer’s 3% cash-back is paid during refurbishment works, and the investor will pay the managing agent a one-off fee of 25% of the total annual rent to cover legal, admin and maintenance fees.

Option 3: Self Occupancy
An investor may choose to pay the full market price for the studio, either for their own use or for a family member (T&Cs and eligibility criteria apply).
Investors can choose to swap between these options at any time (T&Cs apply).
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The Exit Strategy
Key to the appeal of the Windlestone Hall Care Community investment is its clearly defined exit strategy, which allows investors to exit the investment with a guaranteed increase of 10% on top of the original unit purchase price. This buy back option is key to the strategy of the developer, and as such they are motivated to purchase the unit back from the investor within a short to medium time frame.
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Buy Back Options
From exchange of contracts - 110% (end user purchase)
From Year 5 - 110% investor option
From Year 10 - 125% investor option
This buy back option is exercised by the developer when they sell the unit on to the end user (tenant).

A working example of a typical investment is included below:

Stage One:
Investor purchases care home unit for reduced price of £84,690

Stage Two:
From exchange of contracts, the investor starts to earn 10% net rental income, paid monthly.

Stage Three:
Although the developer can purchase the unit back at any point after exchange of contracts (for a guaranteed 10% increase on the investor's purchase price), we have used an example time frame of 12 months below:
12 months’ rental income at 10% = £8,469 already received
plus
Original purchase price of £84,690 + 10% uplift = £93,159
Year 10 buy back = £105,863

Development Availability

PropertySizeBedroomsPriceEnquire
Two Bed Apartment51 square metres2£199,971.00Enquire
One Bed Apartment 48 square metres1£157,968.00Enquire
Care Studio18 square metres-£117,625.00Enquire

GET IN TOUCH

Call us on +44 (0) 161 337 3890 or contact us using the form below

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

STUDENT & RESIDENTIAL INVESTMENT

STUDENT & RESIDENTIAL INVESTMENT

  • Liverpool City Centre Location - Completed Sept 2017
  • 8.4% Rental Assurance For 2 Years
  • 5% Interest On Funds
  • Management Company In Place
  • Available From £67,967.00

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