Gerrard House Care Resort
The Carlauren Group is excited to announce its latest property purchase for 2019 — situated in the stunning valleys of South Wales.
Located in Port Talbot, South Wales Gerrard House is just a stones throw away from Aberavon Beach and Margam Castle. Brimming with many interesting and special features the vales and valleys of the beautiful surrounding area are not to be missed. Port Talbot is steeped in history, a culture built from generations of mining.
With 32 en-suite rooms this impressive Gothic property is a welcome addition to the Carlauren portfolio, combining luxury living with comprehensive care services.
During 2019 Carlauren will update this property to a luxury care resort offering 32 suites. Using its own development company and experienced team of consultants and tradesmen, some internal remodeling and refurbishment will take place to convert the existing rooms into 32 luxury care suites.
The fully-furnished suites will be complemented by the Group’s vibrant interior design schemes, with premium quality furnishing, fabrics, prints and accessories creating truly unique living spaces designed for later life. Boasting a number of elegant communal areas for fine dining, relaxation and socialising, with extensive views across the surrounding area. Communal areas in this property include a lounge, restaurant and dining room and an executive lounge which will be available to long and short term residents and their guests. You can see an example of typical Carlauren Care resort costs to the right of this text.
A care suite is a warm, comfortable and homely environment tailored to the needs of those in later life.
Situated in the valleys of South Wales, Gerrard House is just a stone’s throw away from Aberavon Beach and Margam Castle. Port Talbot itself is home to a large elderly population, with over 20% of its inhabitants aged 65 or over.
The property itself is built in a gothic style and will comprise 32 en-suite rooms. The property will blend luxury living with comprehensive care facilities, and the building will undergo comprehensive refurbishment to ensure residents’ needs are met. Elegant communal rooms and facilities will be created, including areas for fine dining and socialising, and relaxation rooms with extensive views across the surrounding countryside.
Gerrard House Investment Fundamentals
- Invest in an en-suite room from £74,950
- Receive a 10% return over a ten-year commercial lease
- Hands-off, fully managed investment by a CQC regulated firm
- Located in Port Talbert where over 20% of the population is aged 65 or over
- Buy back options from year 5 at 110% up to year 10 at 125%
- Developer has extensive experience of transforming properties and currently owns 24 sites
- Reserve a suite for only £2000
Benefits of investing in luxury care facilities
- No Stamp Duty
- No Furniture Pack Costs
- No Void Periods, Deposit or Maintenance Issues
- No Administration Fees
Why invest in luxury care?
Britain’s over-65 population is predicted to grow four times faster than the general population over the next five years, and in England alone, the over 60s have £1,200bn in unmortgaged housing wealth. Savvy investors are recognising the lucrative nature of luxury care homes as many wealthy elderly people are looking to downsize, so these units sell out very fast – the last development sold out within a day of launch.