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DIVERSIFYING YOUR INCOME<br />

with U.K retirement investments<br />

10%<br />

Net Yields<br />

10<br />

Years<br />

It may come as a surprise that a first world country - like<br />

the U.K- has a shortage of suitable retirement properties.<br />

Compared with other developed countries such as the<br />

USA, Australia and New Zealand where as much as 17%<br />

of retirees live in retirement communities, in England it’s<br />

only 4%.<br />

There is an opportunity for South African’s to reap<br />

rewards by investing in this under-supplied market. A<br />

South African run property sourcing firm is working with<br />

experienced British developers who convert existing<br />

stately homes into retirement villages.<br />

The model is simple; one purchases a property which is<br />

leased back from the operator for 10 years at 10% Net<br />

Income.<br />

Expat South African entrepreneur, Arran Kerkvliet, runs<br />

One Touch Property Investment brokerage which sources<br />

retirement property. He says; “Retirement properties are a<br />

stable and lucrative investment because there is an aging<br />

U.K population with 23% over 65”.<br />

According to research in 2017 conducted by AgeUK 31.4%<br />

of those aged 65+ have said that their main company is the<br />

television, and 8.5% “often or always” feel lonely. In sunny<br />

South Arica there certainly are more opportunities to enjoy<br />

the outdoors. However, no one wants to do that on their<br />

own - wine tastings, country walks and weekly visiting<br />

entertainers could fill the days no matter which country<br />

you are in.<br />

Residents at retirement villages, based in the South West part of the England, enjoy gourmet meals created by a top chef<br />

who has worked at Michelin-starred Castle Hotel and alongside celebrity chef Antony Worrall Thompson. The beauty of<br />

the idyllic English countryside is not the only advantage; all the produce is locally sourced and residents can cultivate<br />

the gardens where the ingredients are grown.<br />

Unlike South Africa, there is a limited availability of land due<br />

to greenbelt protection and restrictive planning permission.<br />

The resulting outcome tends to be positive on two accounts;<br />

the types of properties that are acquired for retirement property<br />

investments are conversions of stately homes which have an<br />

enchanting character and charm. Understandably, there is a<br />

shortage of these type of homes and the obvious appeal drives<br />

demand far in excess of supply.<br />

Weekly rents, including meals and entertainment, are R21,450.<br />

Elderly guests that require an element of nursing care will pay<br />

extra for the additional services. The caring communities were<br />

designed for self-paying guests over 65 years of age that want to<br />

enjoy the company of like-minded people and also have access<br />

to care if required. For couples that have one sickly partner in<br />

need of 24-hour nursing care, they can still live together.<br />

Readers may be able to relate to the soft benefits that create a tangible positive impact on residents’ lives. There are also<br />

encouraging investment returns to be made; One Touch Investment director explains; “South African investors love to own<br />

property and that is what they will be doing. They will own a property (full title deeds) within a retirement village and the<br />

operator will lease the property back for a period of 10 years with 10% net income”.<br />

FOR MORE INFORMATION ON HOW THESE LATER LIVING INVESTMENTS WORK<br />

PLEASE DOWNLOAD THE FREE GUIDE BY VISITING: www.onetouchinvestment.co.uk/craw-retirement-home-guide/<br />

OR CONTACT ONE TOUCH PROPERTY BY: 010 300 1200 | enquire@onetouchinvestment.co.uk | www.onetouchinvestment.co.uk<br />

2 | Crawford Times

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