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Please consider the environment before printing this Property |
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High Yielding Care Home Investment
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for sale
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Location
Birkenhead is a large town located on the Wirral Peninsula in Merseyside, on the west bank of the River Mersey directly opposite Liverpool. The town benefits from strong transport links and proximity to major road and rail networks.
Birkenhead is located approximately 6 miles (10km) west of Liverpool via the A41, Manchester is 45 miles (72 km) to the East and easily accessible on the M62. Birkenhead lies some 200 miles (322km) north-west of Central London accessible via the M53 which connects with the wider national motorway network.
Birkenhead is only 8 minutes by rail from Birkenhead Central to Liverpool Lime Street. Liverpool Lime Street is the main intercity hub and provides easy connections to London in a little over two hours and Manchester in approximately one hour.
Liverpool John Lennon Airport is only 12 miles (19km) south-east of Birkenhead.
Summary
- For sale on behalf of Fixed Charge Receivers
- New 20-year lease with CPI + 1% per annum rent increases
- Tenant – Salisbury Independent Living, housing association
- Effectively Government-underwritten income
- Freehold
Situation
Talbot House is located on Mather Road in the sought-after residential area of Oxton, Birkenhead. Known for its character properties, leafy streets, and vibrant village centre, Oxton is popular with professionals and families alike.
Oxton Village, just 0.3 miles (0.48km) away, offers a variety of independent shops, cafés, and pubs, along with essential amenities. There are several supermarkets within easy reach, both Tesco Express and Lidl are 0.4 miles (0.6km) and Asda is 0.6 miles (0.97km)
Birkenhead Park, a 140-acre historic green space, is only 0.6 miles (0.97km) away and provides walking trails, sports facilities, and play areas. The Williamson Art Gallery & Museum providing cultural interest is only less than 0.1 miles (0.14km) from the subject property.
The Pyramid Shopping Centre, approximately 1 mile (1.6km) from the property, offers over 100 high-street and independent retailers including Boots, Card Factory, Claire’s Accessories, Deichmann Shoes, Game, H Samuel, Holland & Barrett, JD Sports, Next, Pandora, Poundland, Savers and Sports Direct plus cafes and eateries and two car parks for over 1000 vehicles.
The area benefits from significant regeneration investment, including £25 million from the Towns Fund and further support from Homes England and the Liverpool City Region Combined Authority through the Birkenhead Urban Village project.
Description
The property comprises a large, detached four-storey house of brick construction with decorative stone dressings adding architectural appeal and a slate roof. Stone steps lead to a raised ground floor entrance via a communal front door.
Eash floor comprises of two generously proportioned flats each benefitting from one bedroom, a bathroom, kitchen and reception room. The exterior space comprises of lawn and borders and benefits from tarmac car parking providing space for up to 10 vehicles.
Accommodation
The property has been measured by BKR Floorplans and provides the following accommodation:
| Gross Internal Area Floor by Floor | ||
| Basement | 127.74 sq m | 1375 sq ft |
| Ground Floor | 125.14 sq m | 1347 sq ft |
| First Floor | 125.14 sq m | 1347 sq ft |
| Second Floor | 120.96 sq m | 1302 sq ft |
| Total Gross Internal Area | 498.97 sq m | 5371 sq ft |
| Gross Internal Area Flat by Flat | ||
| Flat 01 | 37.25 sq m | 401 sq ft |
| Flat 02 | 45.43 sq m | 489 sq ft |
| Flat 03 | 52.49 sq m | 565 sq ft |
| Flat 04 | 44.50 sq m | 479 sq ft |
| Flat 05 | 58.43 sq m | 629 sq ft |
| Flat 06 | 48.31 sq m | 520 sq ft |
| Flat 07 | 54.25 sq m | 584 sq ft |
| Flat 08 | 48.31 sq m | 520 sq ft |
| Total Gross Internal Area | 388.97 sq m | 4187 sq ft |
A set of floor plans is available to download, and the measured survey report will be re-addressed to a purchaser.
EPC
| Flat 1 | C | Valid until 15th February 2033 |
| Flat 2 | C | Valid until 15th February 2033 |
| Flat 3 | D | Valid until 6th August 2035 |
| Flat 4 | D | Valid until 6th August 2035 |
| Flat 5 | D | Valid until 6th August 2035 |
| Flat 6 | D | Valid until 6th August 2035 |
| Flat 7 | C | Valid until 15th February 2033 |
| Flat 8 | C | Valid until 15th February 2033 |
Tenure
Freehold.
Tenancy
The property is let to Salisbury Independent Living (company number 03966646) for a term of 20 years from 17th September 2025, on full repairing and insuring terms.
Rents are paid quarterly in advance. Rent reviews are annual, upwards only, in accordance with increases in the Consumer Price Index plus 1%.
The current passing rent is £85,941.44 per annum.
VAT
The property has not been registered for VAT.
Proposal
The property is available as part of the portfolio for which we are instructed to seek offers in the region of £4,000,000 (Four Million Pounds), subject to contract.
Investment Considerations
An opportunity to acquire an investment within the care sector
The property is let on a new 20 year lease
The lease provides for rent increases based upon CPI + 1% annually
The rent is effectively underwritten by Government, thereby providing secure income
The property forms part of a portfolio, available at an attractive net initial yield
Disclaimer
Fixed Charge Receivers Andrew Pear and Milan by the powers given by the Mortgage and all other powers given by statute or otherwise who act as agents for the Company and without personal liability. Both Fixed Charge Receivers are licenced by the Insolvency Practitioners Association and are bound by the Insolvency Code of Ethics.
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Contacts
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