Overview
- Thorough valuation of prominent development site in Warrington
- Planning consent secured for a part two and part three storey care home
- Proposed 64-bedroom residential facility
- Required understanding of construction cost and market value for a specialist asset
Project Summary
We were instructed to provide a comprehensive valuation of a site in Warrington. We recommended obtaining planning permission for the construction of a new 64-bed care home which would increase its value and improve its market positioning.
Our role was to assess both the market appetite for a completed care facility in this location and determine the value that such a scheme could achieve once built. This included a detailed understanding of build costs, operational potential and likely investor or operator interest.
By combining our knowledge of the care sector with specialist development expertise, we delivered a report that gave the client the clarity they needed on the viability and value of the proposed scheme.
The Challenge
Care home developments are complex, not only from a build perspective, but in understanding the future operational and market performance of the completed asset.
This instruction required in-depth insight into the evolving care sector, local supply and demand dynamics, as well as realistic construction costs for a bespoke facility.
The client needed clear guidance to help determine whether the development could deliver a strong return, either through sale or operation.
Landwood Group’s Strategy
Our team undertook a detailed review of the site and planning consent, alongside market research into the performance of similar schemes in the area and wider region.
We provided a valuation based on both the land and the end-product, factoring in development costs, likely rental yields and demand from future operators or investors.
Drawing on our specialist understanding of the care sector and development economics, we were able to provide the client with clear, actionable advice on the site’s potential and the route to realising value.
The Results
- Delivered a robust valuation for the planned scheme
- Provided clarity on likely market demand post-completion
- Advised on development costs and return potential
- Supported client in understanding the site’s investment viability
Landwood Insight
Helen Jude, partner at Landwood Group: “Valuing care home developments requires more than just a figure on a page, it’s about understanding who the end user is likely to be, what the market appetite looks like and what it takes to build and run a specialist facility.
“In this case, we combined our care sector insight with development experience to give the client a well-rounded picture of the site’s potential. That kind of tailored approach is essential when navigating early-stage projects in complex markets like care.”
If you would like to speak to Helen Jude and our Insolvency Team on a similar property or find out how we could help you. Contact us today on:
Email: Enquiries@landwoodgroup.com
0161 710 2010
