Coltran Mill
- Location
- Mexborough
- No. of houses/apartments
- 86
- Assisted living apartments from
- £199,995
- Assisted living houses from
- £320,667
Coltran Mill Overview
Situated adjacent to a peaceful canal alongside the River Don, Coltran Mill will consist of a collection of assisted living houses and apartments located in Mexborough, South Yorkshire, many with panoramic canal, river and countryside views. Residents will enjoy unobstructed rural views with open countryside and golf courses to the south as well as benefitting from ample parking and enjoy thoughtfully designed and landscaped shared amenity space.
One of the most unique aspects of investing at Coltran Mill is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.
Coltran Mill Investment Highlights
- Purchase price: £199,995
- 9.1% yields for 25-years
- Houses and apartments
- Canal views
- Earn income instantly
- Hands-off, fully-managed investment
- All running and repair costs covered
- Annual inflation-linked rent increases
Invest in Assisted Living UK
The supported living market is one of the most secure and profitable markets for property investment, with many properties receiving above-average rental yields whilst also being protected by long-term government leases in the majority of cases.
Supported living property investment offers investors the chance to benefit from a strong return on their investment whilst also seeing the tremendous benefits these kinds of properties can have on the residents who inhabit them. Here at Knight Knox, we offer a range of on and off-market opportunities to invest in completed, income-generating supported living properties in the UK, get in touch today to find out more.
Why invest in Mexborough?
Mexborough is a former industrialised town found on the banks of the River Don. The town sits 8 miles south west of Doncaster, 6 miles north east of Rotherham and 14 miles north east of Sheffield.
The town benefits from a number of amenities such as a hospital, several schools and a pedestrianised retail centre, which is primarily occupied by traditional independent stores and national chains.
This is all combined with great connectivity via the local train station with direct services to Sheffield and Doncaster. Mexborough is also well served by the strategic road network with Junction 37 of the A1(M) being 5.4 miles, Junction 1 of the M18 being 7.5 miles and Junction 33 of the M1 being 10 miles away.
Nearby
- Putt Street Park (0.3 miles)
- Pixies Park (0.3 miles)
- South Yorkshire Police (0.5 miles)
- Mexborough Station (0.8 miles)
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