Cambridge Court
Assisted Living Investments is pleased to announce Cambridge Court, County Durham, is now part of our portfolio. This development in the North East of England offers investors the opportunity to earn NET yields of up to 10% with a lease that is CPI linked and guaranteed for 25 years.
As Assisting Living Investments works in partnership with the Housing Association, investing in Cambridge Court is an incredibly hands-off investment opportunity managed for you.
There is incredibly limited availability here with just 14 two-bedroom units available.
Situated at the heart of Bishop Auckland, County Durham Cambridge Court finds itself at the gateway to Weardale. The town is known for its bustling market. Standing high above a meander in the River Wear with commanding views of the surrounding countryside. This converted four-story building houses 14 2-bedroom units in 2 variations. These are exclusive to Assisting Living Investments. Each apartment is designed with open-plan living rooms and kitchen areas. All featuring high-specification fitted units and appliances for their occupants.
*Calculations based on a property value £200,000 Sales price £400,000 | Seller to receive the first 30% £60,000 plus his original purchase cost of £200,000 ( 260k ) The remaining £140,000 is split between the developer and the seller. | Seller receives £260,000 plus £70,000 = £330,000