A former Suffolk care home is up for sale with a £1.25 million price tag after being forced to close due to the cost-of-living crisis.

The five residents who were living at Trimley Residential Home, in Trimley High Road, were all found alternative care homes after the 22-bed facility closed in May.

Now, new owners are being sought for the property, which is being marketed through estate agents Leaders and had been the site of a care home since 1991.

READ MORE: Bellway Homes set to build 139 Trimley St Martin homes

Sharma Muguntham, owner of Care Mithra, which operated Trimley Residential Home, said she had not got the money to run the home due to the cost-of-living crisis and rising interest rates, which affected the mortgage on the home.

She said during the COVID-19 pandemic, financial support was available for the care industry, but since then there had not been any funding.

She said: "It is no secret that the care industry is in big trouble, because during COVID, the Government gave money, but now there is no money to support care homes.

READ MORE: Suffolk Manse in Trimley sold for more than £400,000

"We lost a number of residents because of COVID and with new residents coming in, there was no support."

She added her home was no longer receiving council clients and it was not possible to increase residents' fees.

"We are hardly finding the money to pay the staff wages and they are going up further. What can you do?" she said.

READ MORE: Care provided at Felixstowe home in Suffolk rated 'Good'

Leaders has arranged a couple of viewings for the former home, but has not received any offers as yet for the property, which went on the market in July.

The home is being advertised on the Leaders website as a "fantastic business opportunity" boasting 22 bedrooms and 12 baths.

The advert says there are multiple communal areas "including a spacious garden, laundry rooms, kitchens, dining area, staff rooms and much more".

READ MORE: Harbour Manor care home opens in Felixstowe in Suffolk