In this micro review, we’ll delve into what is assisted living, what the investment offering is all about, and what are the pros and cons.
This article is for people living outside the UK (especially expats such as myself) rather than for UK-residents.
My contact details are hello@adamfayed.com and +44-7393-450-837 (WhatsApp).
Some facts might have changed from the time of writing. Nothing written here is finanziario, legal, tax, or any kind of individual advice nor a financial promotion or a solicitation to invest. This article is merely the opinion of the author.
It is always best to do your own research.
Assisted Living Meaning
Before going into this specific option, we have to understand what assisted living means.
Assisted living is a type of residential care for people with disabilities or the elderly who need assistance with everyday tasks but do not necessarily need the kind of care afforded in nursing homes.
What is Assisted Living Project UK?
Questo property firm specializes in providing assisted living accommodation.
It collaborates with housing associations across the UK and Community Benefit Societies to offer 25-year leases, backed by funding from the Department for Work and Pensions or DWP.
The target is to complete more than 100 fully prepared apartments by 2025.
UK Assisted Living Project Investments
Here are some examples of their property investments.
Castlepoint
It has a location in Merseyside, close to universities, colleges, Runcorn’s biggest shopping center, and Liverpool John Lennon Airport.
Chavely House
Located in Preston, a thriving city in Lancashire rich in history, it offers 14 high-specification cluster flats.
Elmbridge
Elmbridge is in the North East of England, specifically in the Wansbeck constituency and the Sleekburn ward.
Hanworth
The property is located in the Bassetlaw constituency and the Blyth ward of the East Midlands.
Horizon House
Horizon House was thoughtfully planned to raise the bar, with generous shared amenities and balconies and terraces for private outdoor areas.
Memi House
It offers chic, luxurious apartments in the center of a bustling village, near stores, supermarkets, and other amenities.
Assisted Living Investment UK Pros and Cons
Because of long-term leasing deals and high occupancy rates, there are some positives about the assisted living sector.
However, investments like this always have risks, due to aspects such as liquidity and being in a specific niche sector of the property market.
All the investments are also in the UK. Therefore, they aren’t geographically diversified. You might also face currency risks as an expat if you are investing in specific currencies.
Changes like new government regulations can always positively or negatively impact on investments in this sector.
Expats living overseas should carefully consider any investment relative to the alternatives, to ensure that the risk-adjusted returns are worth it.
For comparison, some real estate investment trusts have achieved an annualized return of over 10% per year, with full liquidity to sell out, and longer track records (some REITs have been around for decades).
Whilst this investment isn’t a REIT, it does show that you can get access to real estate in many productive ways.