Investment Opportunities in brand new property sector

An off-plan property consultancy is claiming “record returns” after launching a series of so-called Assisted Living flats in partnership with developers and registered social landlords.

LH1 Global claims that assisted living scheme offer “essential high-quality secure housing for those with mental health conditions and disabilities” but with scope for private investors to acquire these units and fund their operation by housing associations.

“Offering an opportunity for investors to diversify their portfolio and make an ethical choice, Assisted Living homes are also an incredibly smart investment choice compared to other real-estate ventures, as these unit types consistently out-perform current market limitations, rendering strong returns and high yields due to long term tenancies and rental payments via the Local Authority” claims LH1.

In partnership with developer The Investment Room, the consultancy has now released 94 studio, one and two-bedroom flats within a converted former office building in Doncaster. 

Priced from £156,000 the open-plan style units are in Haworth House, which offers residents the opportunity to live independently, whist still receiving care and support. All units are offered with a 25-year Management Agreement in place with a housing association registered as a Community Benefit Society. 

LH1 claims the key benefits to investors include 10 per cent starting net yield, an upward-only annual rent review of the Consumer Price Index plus one per cent, secure tenancies with no void periods, and no maintenance costs.

Rayna Hunter, head of global sales at LH1 London, says: “Assisted Living homes are massively growing in popularity, which is really important to us as a business, since we want to support the requirements of this sector as much as we possibly can. Private investors can and will play a huge role in delivering the multi-unit developments we need to truly meet demand. 

“There is an opportunity for investors to benefit from these excellent returns and this is what will be enticing for some but there is also the chance to be behind something that really makes a difference.”