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For Sale 1 Bedroom 1 Bathroom 1 Reception From £79,950

Barrington Road, Torquay, TQ1 - From £79,950

  • *Retirement Home Investment Opportunity*
  • Care Studio From £79,950
  • High Yielding Asset Class Delivering 10% Net Returns
  • Reserve Now From £2000
  • Income Paid Monthly
  • Hands-Off Investment
  • 125% Buy Back Guarantee In Year 10

SEABANK | CARE STUDIO FROM £79,950

High yielding asset class delivering 10% Net returns.

INVESTMENT OVERVIEW

* Units start from £79,950

* Almost a quarter of Devo's population is aged 65 or over

* Reserve now from £2000

* Income paid monthly

* Hands-off investment, situated in the stunning English Riviera

* High yielding asset class delivering 10% Net returns

* Increased flexibility with more buy back options at an elevated price from 5 years onwards. 5-6 Year = 110%, 7-8 Year = 115%, 9 Year = 120% and 10 Year = 125%.

The Seabank in Torquay will be transformed into a luxury lifestyle retirement resort. Offering 38 suites, secluded gardens and a Mediterranean spa it will be available for long and short-term guests - with an option to access to 24/7 profes ...Read More

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

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
k (Percentage rate 0%)

£ 0

Above £
500
k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k (Percentage rate 0%)

Above £300k and up to £500k(Percentage rate 0%)

Up to £300k (Percentage rate 0%)

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only

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