Moneyfacts calculate that higher rate tax payers need a yield of 4.3% just to keep in pace with inflation and tax
(Source - Moneyfacts August, 2012)
1. VAT Free!
The purchase price no longer attracts VAT
VAT is only payable on commercial new builds for the first 3 years, thereafter they become exempt/zero rated. The cottages were completed in July 2009.
2. High yields solve a problem
For an inflation-busting investment after tax, the rate of interest you earn on your savings must be greater than the rate of inflation, in order for your money to actually be growing.
Moneyfacts points out that, with CPI inflation at 2.6%, a higher-rate taxpayer needs to find an investment paying at least 4.3%. Source Moneyfacts August, 2012
With a yield guaranteed not to fall below 6% net for at least the first 2 years of your ownership, an expectation of 6.7% net for 2013 and the possibility of seeing geared yields climb towards 9% net, an investment with Heacham Manor is one of only a handful of investments that boast such high yields without the risks associated with other more volatile investment vehicles.
3. Safety, safety, safety
If you invest with Heacham Manor, your cottage investment is guaranteed not to fall below 6% net for the first 2 years of ownership, so you have a substantial safety net in the short to medium term.
As the property market recovers and the prevailing market value of your cottage increases, you are free to sell the freehold property at any time, giving you safety in an adverse market and capital growth in the event of asset price inflation. The best of both world’s.
4. Over £6,000 of enjoyable lifestyle benefits, every year
Investing in a Heacham Manor holiday cottage entitles you to exclusive investor benefits including 6 weeks personal use of your luxury holiday property every year you own it.
You also receive two complimentary golf memberships affording you full benefits of Heacham Manor Golf Club. Invite your friends, family or clients to enjoy the course with you, and then head back to the very comfortable hotel bar for drinks and some fine food.
You will also receive a generous discount of 10% on food and drink outlets at Heacham Manor and Searles Leisure Resort, Free Family* Membership of Searles Leisure Club (includes Fitness Studio, Indoor Pool, Sauna and Jacuzzi), Free Family* Passes for access to Searles Entertainment Club (free access to all entertainment/shows during the season) and Free use of Searles Country Club.
(* 2 adults 2 children).
5. Tourism on a growth curve
Even though tourism is a large and important sector of our economy already, it has plenty of untapped potential too. It offers one of the fastest and most efficient ways to deliver rapid economic growth – Deloitte forecast that the UK visitor economy will be one of the country’s best performing sectors, with above average growth of 3.5% GVA per year until 2020. Tourism is the fourth fastest growth sector, outstripping Health, Education, Transport & Communications, Electricity, Gas & Water, Manufacturing & Manufacturing, Chemicals & Pharmaceuticals.
Source: Government Tourism Policy by John Penrose MP, Minister for Tourism and Heritage. Department for Culture, Media and Sport
Visit England strategic framework highlights how Visit England are targeting annual growth of 5% in visits to England through to 2020. The Strategic Framework aims to achieve 5% growth, year on year, in the value of tourism. 2011 was a positive year for tourism in England. The number of domestic overnight trips grew by 9% compared to the previous year, generating the highest recorded trip volume since the start of the current survey in 2006. Spend too increased, with 13% more spent on domestic overnight trips than in the previous year, though the relatively greater increase in value than volume reflects high inflation through much of the year.
In addition to the London 2012 Olympic Games, 2012 Paralympics and the Queen's Diamond Jubilee, Britain's future programme includes the Rugby League World Cup (2013); the Commonwealth Games (Glasgow in 2014); the Ryder Cup (Scotland in 2014); the Rugby Union World Cup (2015) and the Cricket World Cup (2019). The tourism industry doesn’t just receive a one-off boost from the London 2012 Games, but achieves a sustained step-change so it can continue operating at a new, consistently higher level of performance after 2012 as well.
Source: Visit England Strategic Framework for Tourism 2010 – 2020. Annual Review 2012
Furthermore, the new Destination Management Organisation (DMO) for North and West Norfolk is developing this part of Norfolk as a destination brand. West Norfolk and the new DMO will have the added advantage of increased promotional efforts by Visit East Anglia (the new not-for-profit organisation that replaced the East of England Tourism earlier this year) who recently announced a new partnership with Norfolk Tourism/Visit Norfolk to promote Norfolk as a major UK destination both Nationally and Internationally. A very bright future ahead!
6. Limited supply
Act quickly to avoid disappointment. Of the original 11 cottages for sale we only have 2 investment cottages left. If you'd like to ask questions please contact us through the website or by phone, or click here to book a free VIP bed and breakfast stay at the hotel.
You will have the opportunity to see the estate for yourself, try out the golf course, and ask our investor relations representative as many questions as you like.
Get in touch through the website today: