Flat for sale in Stockton-on-Tees TS17, 1 Bedroom

This is a rare opportunity to purchase an ethical and lucrative investment opportunity with a 10% net yield guaranteed for 25 years! With buy back options also in place starting at 110% from year 5.

Teesdale Lodge is a modern purpose-built Care Home which provides accommodation for adults who need short or long-term expert residential or skilled nursing care. The property comprises of 40 single rooms with en- suite facilities. All of the rooms are on the ground floor which creates ease for the elderly or less-able to be 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. Situated within a quiet, residential area of Stockton, Teesdale Lodge is easily accessible for both locals and visitors and many local residents have made Teesdale Lodge their permanent home.

Investment Highlights:
- May 2019 completion
- Price range from £64,995 to £69,995
- 10% net income for 25 years
- Buy back option available for the investor/developer between years 5-25 @ 110%-125%
- 25% on exchange of contracts