Apartment For Sale in Tyne And Wear

For Sale

£64,950 $87,004 | €73,718 | ¥574,842 *

Type Apartment
Status For Sale
City Gateshead

This 40 bed unit being built will be the first of its kind nationally and provide semi-independent living, along with access to educational services that will help the service user lead a fulfilling and proactive life.

Demand for this type of accommodation in Gateshead Borough is massive.

• Excellent central location
• Perfect for local students
• Walking distance to City Centre
• Safe neighbourhood
• Wealth of local amenities
• Sage Gateshead less than 1 mile away
• Home of the famous Angel of the North

The long term demand for specialist care facilities has been recognised by Gateshead local authority, helping to safeguard financial returns for investors.

St Camillus are offing just 28 suites for investors to purchase in this first phase which is due to be fully operational by Q4 2016.

Canterhall are a growing company currently holding over 50 employees, which includes their very own in house Quantity Surveying Team. Canterhall provides excellent customer service from their Gateshead based offices with a hard-working team of professional, multi skilled operatives. Although majority of their projects are local to the northeast area, they continue to work throughout the UK. Canterhall Builders Limited deal with both private and public sector clients, with services that include but are not limited to:

• New Builds (traditional and timber builds)
• Student accommodations
• Changing use of premises such as our Sun Central project
• Maintenance contracts for companies such as SMD and Four Seasons
• Large home renovations

Cost per suite: £64,950

Assured yield: 10%

Assured period: 10 years

Buyback - year 5: 107.5%

Buyback - year 10: 110%

Print Date 15-Dec-2017
Updated 25-Aug-2017
Property Ref. WWPC-7174
Department Sales :: Residential

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