Latest Valuation
£2,600,000
ROCE
%
Location

Running Care Home in Birmingham For Sale

Immediate Cash Flow
Guide Price
£2,400,000

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Key Features

  • Rare opportunity in Birmingham
  • High end area of Selly Park
  • Management in place with minimum owner visits required
  • 38 singles, 6 shared with 3 en-suites
  • Well located, large plot
  • Current profits £300k, projected £400k

The Property

Carehome Business with Nursing – Birmingham – For sale
Management in place with minimum owner visits
Immediate Cash flow
A rare opportunity to own a successful Care home in Birmingham

The Financials:
• Current value: £2,600,000
• Purchase price: £2,400,000
• Rental income: £30,000 pcm
• ROCE: 45%

Facilities and Services: Respite Care Close to Local shops • Near Public Transport • Lift • Wheelchair access • Gardens for residents • Television point in own room

A rare opportunity to own a successful care business in Birmingham
Management in place with minimum owner visits required
Registered for 50
38 Singles, 6 shared with 3 ensuites
Dementia, old age, physical disability
Well located, large plot
Current profits £300k, Projected £400k

Asking £2.4m plus 1.5% fees

Planning Information

N/A

The Plan

Opportunity to own a care home with nursing facility which includes dementia, old age, physical disability.
Ready to go business with immediate returns.
Situated in the high end area of Selly Park, Birmingham B29
Registered for 50
38 singles, 6 shared with 3 en-suites

Well located, large plot
Current profits £300k, Projected £400k.
Management in place with minimum owner visits required
Asking £2.4m plus 1.5% fees

The Location

The Carehome is situated in the high end area of Selly Park in Birmingham, on a large plot of land.

• Respite Care
• Close to Local shops
• Near Public Transport
• Lift
• Wheelchair access
• Gardens for residents
• Television point in own room

Average estimated value for a house in B29

£782,000

This property is sitauted in a quiet and leafy residential area.
Its a 5 minute drive to the QE Hospital and the University of Birmingham
Average asking price of a 5 bed property if £782k
Recent sales of houses in the area have been between £650k - £850k
This is a prized location to have a carehome in - with property prices being much higher than the Birmingham average.