Sold

Manchester, Clarence Grove, 8% NET

£75,000
Clarence Grove, Bury New Road, Heywood OL10 4RQ

Manchester, Clarence Grove, 8% NET

£75,000
Clarence Grove, Bury New Road, Heywood OL10 4RQ

2552

Property ID

25Years

Rent assurance

8% NET

Yield

Overview

Price £75,000
Property type Sold
Rent assurance period 25 Years
Yield 8% NET
Property ID #2552

Features

Fully Managed
Immediate Income

Description

Clarence Grove offers a hassle-free, fully-managed commercial property in a market that is severely under-supplied. It boasts an 8% rental return with a buy-back option up to 125% and an ROI up to 225% depending on your exit strategy.

Location

Clarence Grove is a purpose-built care facility near to Manchester. Situated in an established residential area close to community and leisure facilities, Clarence Grove is a modern two-storey home set on a large site with landscaped gardens and parking. The 61-bed care home all consist of en suite bedrooms.

Key Features

• 8% Rental income

• ROI up to 225%

• 125-year-long leasehold

• 4 Exit strategies

• Buy back up to 125%

• Fully managed asset

Location

Address Clarence Grove, Bury New Road, Heywood OL10 4RQ
View Map Open on Google Maps
Country United Kingdom
Cities Manchester
Postal code / ZIP OL10 4RQ

Near Place

Walk Score

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