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Sold 1 Bedroom 1 Bathroom 1 Reception From £64,950

Green Lane, Felling, NE10 - From £64,950

  • Investment Opportunity
  • 10% Assured Yield
  • Buy Back Option Year 5
  • Only A Few Units Remaining

**Investment opportunity** Learning Disability accommodation and education facilities across the country are in short supply. Research shows that 73% of people with learning disabilities want to live in an independent living environment but the current lack of accommodation with facilities to support individual's needs makes this possible for only 16%.

Development is now well underway and St Camilus Care Group will shortly begin operating the first accommodation and education facility of its kind in England and Wales, bringing together advanced living for people with learning disabilities who are transitioning from home or more formal settings towards their own independence, with onsite accredited education courses to help the residents lead fulfilling and productive lives.

This approach sits firmly in line with the recently approved Care Act. The Local Authority has identified the need for this type of accommodation in Gateshead and has confirmed that the project will fit into its commissioning cycle from the outset, helping to ensure the revenues required to meet the financial obligations to investor.
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Total SDLT due

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

Up to £500k(Percentage rate 0 %)

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

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

Above £1.5m (Percentage rate 12 %)

*This is for illustrative purposes only

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