Smithy Bridge, Manchester

  • Units priced at £64´495
  • 3 Payment/ Finance options available
  • Up to 13.4% Yield assured for 10 years
  • 125% Developer Buy-Back option after 10 years
  • Repayments offset against investor returns
  • NHBC approved developer with over 30 year’s construction experience

Introduction

Smithy Bridge

Landmark Developments are proud to present Smithy Bridge, a 50 bedroom care home located in Greater  Manchester. The facility will be designed to accommodate up to dementia standards and each room will be fitted to a high specification and will often be tailored to meet patients and occupants specific requirements.

The majority of bedrooms will provide between 14 and 15 square meters of usable floor space and will benefit from en-suite facilities, comprising a WC, hand basin and wet floor shower. The communal areas are all finished to an extremely high standard providing mood lighting, televisions, and quiet corners for reading or group activities. Each bedroom will be fitted with a smoke detector and a nurse call facility.

A statistical breakdown of the area’s population indicates that within a five-mile radius of the subject site, there are approximately 26,113 people who are over the age of 65, representing 14.5% of the population. The number of nursing home beds within a 5 mile radius reflects one bed for every 4.6 persons over the age of 85. The number of elderly people resident within a 5 mile radius is expected to rise in the period to 2018.

There is a general lack of high quality purpose built care homes in the immediate locality with the Smithy Bridge care home set to provide very highly specified accommodation that exceeds current National Minimum Standards.

The developer has over 30 years worth of experience and is an approved member of the National House Building Council and the operator has over 27 years of care experience. Smithy Bridge units are also marketed at 37% below market value and are offered with 125 year lease.

Location of Smithy Bridge

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Smithy Bridge is a small suburb located to the south west of Littleborough in the metropolitan borough of Rochdale.

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