Property Title: Project Locke - Residential Care Home registered for 25

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 24 Sep 2025

Location: Devon

Guide Price: £2,500,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51749

Description

Turnover for year-end July 2024 was £1m with an adjusted EBITDA in excess of £204k
Freehold property with 20 resident bedrooms, 3 staff bedrooms and a total capacity to accommodate 25 residents.
Staff provide residential care, specialising in dementia and elderly care.
Trades with an excellent reputation amongst local authorities and service users.
Second-tier management structure led by a registered manager.
Rated ‘Good’ by CQC.