Later living giant buys two homes in Yorkshire

Anchor has announced the acquisition of two new residential homes in Yorkshire.

The housing association, the UK’s largest not-for-profit provider of care and housing for older people, has exchanged contracts with north of England care home provider Hadrian Healthcare on two new freehold developments in west Yorkshire.

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Sarah Jones took over as chief executive of Anchor last month

The two purpose-built homes, which are located in the market town of Skipton and Leeds suburb of Roundhay, are currently under construction and are due to become operational in April 2023 and June 2024 respectively.

The development, which overlooks the Leeds and Liverpool Canal, also includes eight supported living residential care apartments in the adjoining historic, restored Mill Lodge.

The main building of The Mill House in Skipton includes 86 en-suite bedrooms and suites. Other on-site facilities include a beauty salon, retail area and restaurants.

The Manor House is situated on Park Avenue, within the Roundhay conservation area and includes 65 suites and bedrooms with en-suite bathrooms.

Anchor said both developments offer a ‘highly-individualised’ style of living, putting them firmly in the ‘top-tier’ of care home design.

Both homes are also being built to an Energy Performance Certificate A rating standard, including energy efficient measures to retain and recover heat as well as solar photovoltaic panels to generate renewable energy onsite.

In July, Anchor announced contracts had been exchanged to acquire the entire share capital of Halcyon Care Homes Topco Limited, which owned eleven purpose-built residential care homes in the east midlands and the south of England.

The latest acquisition means Anchor, which says it is the fourth largest operator of residential care homes in England and the sector’s biggest not for profit, will see its care home portfolio grow from 114 to 127 homes.

See also>> Later living giant Anchor posts £24.4m surplus following loss last year

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The two homes will join Anchor’s care home portfolio on their individual completion.

Sarah Jones, chief executive of Anchor, said: “Hadrian Healthcare is a well-known name in the sector for the development and construction of high-quality, purpose-built residential care homes, and these two homes will add to the five homes we acquired from them in 2019.”

Anchor last year it increased its development programme from 3,200 new homes over eight years to 5,700 homes over 10 years to 2029.

“We’ve set out a clear strategy for growth in our business plan, and this latest announcement shows how we’re realising those aspirations to provide more homes where people love living in later life, and to create more opportunities for people to find a fulfilling career working in the social care sector.”

See also>> Removing the barriers to later living development

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