What is Supported Living and Why Invest in It?
Supported living is a community-based service that helps individuals with disabilities or care needs live independently in their own homes. It includes support with personal care, daily tasks, and acquiring skills, and can be provided in shared or single-household accommodation. The demand for supported living is increasing due to an aging population and heightened awareness of disabilities. This makes it a stable investment, as properties are leased to care providers or local authorities, often at a premium, providing long-term security and higher rental yields compared to traditional residential properties. Additionally, government support reduces the risk of rent arrears, ensuring consistent financial stability for investors.
Benefits of Supported Living Investment
Supported living properties offer attractive benefits for investors:
- Higher Rental Yields: These properties typically generate higher returns due to the specialised nature of the accommodation and long-term leases.
- Stable and Growing Demand: The need for supported living accommodation remains steady, driven by social needs like disability care, aging populations, and mental health challenges.
- Social Impact: Investors can make a positive social impact by providing homes for vulnerable individuals, aligning financial goals with personal values.
- Long-Term Stability: With government funding backing many supported living properties, the sector is less vulnerable to market fluctuations, offering consistent returns and potential capital appreciation, especially in areas undergoing urban regeneration.
Considerations and How Advantage Investment Can Help
When investing in supported living, it’s essential to consider factors like regulatory compliance and the specialised needs of the property. Supported living properties must meet safety and accessibility regulations, and it’s crucial to ensure proper property management. Investors should also assess local demand and verify that financially stable care providers or authorities lease the properties. Advantage Investment offers a secure, high-yield solution with 10% net rental income guaranteed for 25 years, backed by government initiatives. These properties are fully renovated, furnished, and tenanted from day one, offering hassle-free investment with guaranteed returns.
Download our guide today to find out more about supported living investments and how you can enter this promising market.