Description
Care Home Apartments Manchester.
Firstly introducing an exclusive off-market opportunity to acquire Oakland Care Home. A freehold block of 24 specialist care home apartments in Moston, Manchester (M40 9DF). In addition, purpose-built for senior living. This asset comprises a mix of one, two, and three-bedroom units. Which in turn, delivers a total annual rental income of £500,000. The competitive asking price of £6,000,000 equates to a gross rental yield of 8.33%. A price per unit of £250,000—well within the upper quartile of Manchester’s prime yields (6.5–10.1%) for specialist assets.
Secondly residents benefit from spacious, modern accommodation. Communal facilities, and on-site parking. The property is secured by a single covenant—CG, with reported assets of £60,000,000. Which in turn ensures long-term income stability.
As a freehold investment, there are no ground rents or lease complexities.
Positioned just three miles from Manchester city centre, the site offers exceptional connectivity via Moston rail station, multiple bus routes along Moston Lane, and quick access to the M60. Local amenities include Broadhurst Park, Moston Market, Asda supermarket, community centres, and healthcare facilities, underpinning strong occupancy and supportive demographics.
Location
- Address: Kenyon Lane, Moston, Manchester, M40 9DF
- City Centre: 3 miles northeast of Manchester
- Transport: Moston Rail Station (Northern Rail), bus routes to Victoria & Piccadilly, M60 motorway access
- Amenities: Broadhurst Park, Moston Market, local shops & cafés, health centre
Income Profile
| Metric | Value |
|---|---|
| Total Annual Rent | £500,000 |
| Gross Rental Yield | 8.33% |
| Price per Apartment | £250,000 |
| Monthly Rent per Apartment | £1,736 |
| Simple Payback Period | 12.0 years |
💼 Tenant Covenant: CG, with reported assets of £60M, under a long lease.
Investment Projections
| Growth Scenario | 5-Year ROI | 10-Year ROI | 15-Year ROI | 20-Year ROI |
|---|---|---|---|---|
| Conservative (2%) | 18.0% | 39.3% | 63.9% | 93.1% |
| Moderate (3.5%) | 19.7% | 44.8% | 76.1% | 116.7% |
| Optimistic (5%) | 21.5% | 50.9% | 89.5% | 142.7% |
Key Takeaways:
• Off-market freehold care home apartments generating £500,000 p.a. income
• Gross rental yield of 8.33%, price per unit £250,000, simple payback ~12 years
• Situated 3 miles northeast of Manchester city centre with excellent transport links
Legal & Auction Pack
Legal Pack: “<legal-pack.zip”
Tenure: Freehold
VAT: Applicable
🔗 worldofauctions.co.uk/ area-guides/manchester
🌐 https://www.manchester.gov.uk” Manchester City Council
🚆 northernrailway.co.uk”>Northern Rail Services
Last updated: 06 September 2025, 09:59 BST
