Grenville House

Grenville House is a 4-bed residential care home in Plymouth, operated by Achieve Together Limited. It holds a CQC rating of Requires improvement, a CQC rating that narrows lender appetite and tends to mean tighter terms until it improves. For a buyer, operator or lender the numbers that matter are its 4 registered beds, its rating and the strength of the operator behind it. We arrange the finance to buy, refinance or develop a home of this kind.

Grenville House sits within a local market of 92 registered care homes and about 2,443 beds in Plymouth. That competitive set, and the rating profile across it, is part of how an acquisition here is underwritten.

What determines the value of Grenville House

A trading care home like Grenville House is valued as a going concern, on its stabilised trading profit (EBITDARM) capitalised at a market multiple, rather than as bricks and mortar. A specialist healthcare valuer prepares the figure, and it can sit well above or below a simple per-bed estimate depending on how the home trades. The per-bed guide above is a starting point, not a valuation.

• Occupancy: how full the home runs, and how quickly empty beds refill
• Fee mix: the balance of private, self-funded and local-authority residents
• CQC rating: Requires improvement here, a direct input to both value and lender appetite
• Staffing: care-hours per resident and agency reliance
• The building: room sizes, the en-suite and single-room share, and any capital works needed
• Location and catchment: local demand, competition and the self-funder base around Plymouth

Looking at other homes in the area? See care homes in Plymouth and the wider Devon care market or Achieve Together Limited's full portfolio.