The Assisted Living Project UK offers quality housing across the country for individuals with long-term health conditions.
In this review, we’ll delve into what is assisted living, what the investment offering is all about, and what are the pros and cons of assisted living property investment UK.
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me ([email protected]) or WhatsApp (+44-7393-450-837).
This includes if you are looking for a second opinion or alternative investments.
Some facts might change from the time of writing. Nothing written here is financial, legal, tax, or any kind of individual advice or a solicitation to invest.
Assisted Living Meaning
It 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?
This independent property firm specializes in providing secure and comfortable 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.
To those unfamiliar as to what is a Community Benefit Society, it’s a not-for-profit legal organization to run a business or service that benefits the broader community.
UK Assisted Living Project Investments
The Project is offering 6.5 million ordinary shares, targeting 6.5 million British pounds.
The funds are used to acquire and lease UK properties, which generate rental income and pays out an interest.
The investment-ready portfolios of assisted living properties in the UK are each secured with 25-year leases. A ‘trusted’ housing association is responsible for upkeep and insurance.
Castlepoint
It has a great location in Merseyside, close to universities, colleges, Runcorn’s biggest shopping center, and Liverpool John Lennon Airport.
- Yearly rental: 1,674,400 pounds
- Number of apartments: 92
Chavely House
Located in Preston, a thriving city in Lancashire rich in history, it offers 14 high-specification cluster flats.
- Yearly rental: 733,200 pounds
- Number of apartments: 47
Elmbridge
Elmbridge is in the North East of England, specifically in the Wansbeck constituency and the Sleekburn ward.
- Yearly rental: 618,800 pounds
- Number of apartments: 34
Hanworth
The property is located in the Bassetlaw constituency and the Blyth ward of the East Midlands.
- Yearly rental: 1,710,800 pounds
- Number of apartments: 94
Horizon House
Horizon House was thoughtfully planned to raise the bar, with generous shared amenities and balconies and terraces for private outdoor areas.
- Yearly rental: 236,600 pounds
- Number of apartments: 13
Memi House
It offers chic, luxurious apartments in the center of a bustling village, near stores, supermarkets, and other amenities.
- Yearly rental: 557,200 pounds
- Number of apartments: 30
All properties offer a 5% yield. They also include an “index-linked increase of +1%” feature, so the annual rent is adjusted every year in line with inflation.
Assisted Living Investment UK Pros and Cons
Because of long-term leasing deals and high occupancy rates, assisted living investments provide relatively steady and intriguing returns.
Considering the rising demand for these facilities, especially in the UK, there is a significant chance for capital growth.
It offers vulnerable groups necessary housing, which can support the objectives of ESG investments as well.
However, it might not be attractive for those who don’t want to commit long term, particularly for 25 years.
Costs may surge or rent increases may be restricted by future government regulations on social rent caps, housing quality, or care standards.
Lease agreements for assisted living facilities and DWP funding arrangements can be quite complex legally speaking.
Overall, we think there are better options in the market.
Pained by financial indecision?
Adam is an internationally recognised author on financial matters with over 830million answer views on Quora, a widely sold book on Amazon, and a contributor on Forbes.
Pained by financial indecision?
Adam is an internationally recognised author on financial matters with over 830million answer views on Quora, a widely sold book on Amazon, and a contributor on Forbes.
Pained by financial indecision?
Adam is an internationally recognised author on financial matters with over 830million answer views on Quora, a widely sold book on Amazon, and a contributor on Forbes.
