Located in the peaceful town of Mexborough, South Yorkshire, Coltran Mill is a well-designed development offering an outstanding opportunity for investors in the assisted living market. This project comprises 86 assisted living houses and apartments, situated next to a tranquil canal along the River Don, making it a perfect choice for residents who require additional support in a serene and supportive environment.
With prices starting at £199,995 for apartments and £320,667 for houses, Coltran Mill provides a safe, structured living environment for those who need assistance while delivering reliable, long-term returns for investors.
A Fully Managed Investment Opportunity
One of the key advantages of investing in Coltran Mill is the fully managed nature of the development. All properties are leased to a non-profit housing company under a fully internally repairing insurance (FIRI) lease, meaning that all repair and maintenance costs are covered by the leaseholder, not the investor. Additionally, this lease comes with annual Consumer Price Index (CPI) increases, providing substantial growth potential in rental income as inflation rises.
Key Investment Highlights:
- Starting price: £199,995 for apartments
- 9.1% rental yield for 25 years
- CPI-linked rent increases for long-term growth
- Fully managed investment with all running and repair costs covered
- Instant income generation upon purchase
For investors seeking a hands-off investment, Coltran Mill offers the peace of mind that comes with long-term leases, professional management, and regular income increases without the responsibility of day-to-day property management.
Why Invest in Assisted Living?
The assisted living market is one of the most stable and profitable sectors in UK property investment. As the population ages and the demand for specialized housing solutions grows, supported living properties have emerged as a secure investment option with above-average rental yields. Assisted living properties like those at Coltran Mill provide homes for individuals who require additional care and support, often secured by long-term government-backed or non-profit leases, ensuring stability for both residents and investors.
Additionally, investing in assisted living gives investors the opportunity to make a positive social impact by providing safe and suitable housing for vulnerable individuals. With rising demand in this sector, it’s clear that assisted living investments are not only financially rewarding but also fulfilling from a community-focused perspective.
Why Mexborough?
Mexborough, a former industrial town, is strategically located on the River Don and benefits from its proximity to major towns and cities. Just 8 miles from Doncaster, 6 miles from Rotherham, and 14 miles from Sheffield, it offers convenient access to healthcare facilities, schools, and local shops. The town is well connected via its local train station, providing direct services to Sheffield and Doncaster, and has excellent road links to the A1(M), M18, and M1.
Mexborough’s location makes it an ideal place for assisted living developments, combining rural charm with convenient amenities and easy access to surrounding cities. For residents, this offers a balance of quiet, countryside living with the security of nearby healthcare services and urban conveniences.
The Benefits of Supported Living Investments
Assisted living properties, like those at Coltran Mill, are uniquely positioned to meet the growing need for supported housing in the UK. With government-backed or non-profit leases, investors benefit from a low-risk investment with consistent returns over the long term. Moreover, these types of investments are often protected from market volatility due to their essential nature, further enhancing their appeal.
Investing in supported living at Coltran Mill allows you to:
- Earn stable, inflation-linked rental income
- Support a growing and necessary housing sector
- Enjoy a fully hands-off property investment
- Benefit from long-term government or non-profit-backed leases
Why invest with Knight Knox?
Knight Knox make investing in property simple. We are market leaders when it comes to the sale of off-plan buy-to-let properties for the private investor market, and with over 100 years of combined experience, we offer an unparalleled service when it comes to investing in property.
Specialising in both residential and student property, we have sold over 11,000 properties to over 5,500 individual buyers in excess of 110 countries. We strive to ensure that our clients see the best-possible returns in a competitive market sector.
Knight Knox are pioneers in providing high-yielding, fully managed properties designed for both tenants to live in and investors to own.