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For Sale 1 Bedroom 1 Bathroom 1 Reception From £85,400

Queens Road, Shanklin, PO37 - From £85,400

  • BUY-TO-LET INVESTMENT OPPORTUNITY
  • Purchase a care studio from £85,400
  • Returns from 10% - paid monthly
  • 5-year 110% & 10-year 125% buy-back
  • Reserve for £2,000

SHANKLIN COMMUNITY LIVING | CARE STUDIOS

The Care Home Group is excited to announce that its purchase of this popular seaside property will soon be complete. The latest addition to our portfolio is located between the sandy beach of Shanklin and the town's old village, which is famed for its thatched roofs and tea shops. The property will be refurbished as a luxury 26-bed community during 2017 offering spacious en-suite studios and 1-bed apartments - many with balconied views towards Shanklin beach - and spacious lounge and restaurant facilities for 60+ residents. Care services will be available to residents from our experienced care business, Caring Communities. The Isle of Wight attracts over 1m visitors per year, many of whom are aged 65+, who enjoy the dramatic coastline which stretches for 60 miles and ranges from cliff tops to award-winning beaches, such as Shanklin.

INVESTMENT OVERVIEW

o Purchase a care studio from £85,400

o Choose how you receive your income

o Returns from 10% - paid monthly

o 5-year 110% & 10-year 125% buy-back

o Reserve for £2,000


With our other developments all sold out, contact your agent today on 0330 223 0331 to register your interest in this luxury care studio development. Floor plans and price lists will be available very soon. ...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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