Specialist Supported Housing can offer a genuinely resilient income stream, but the strength of any individual investment rests on three things: the property, the lease, and the care provider behind it. Here's what a properly diligenced opportunity should be able to show you.
The care provider
Who is actually renting the property, and what is their track record? A regulated provider should be registered appropriately, have a demonstrable history of operating supported housing schemes, and be transparent about how it's funded. Ask how long they've been trading and how many units they currently manage.
The lease
Request the actual lease terms, not just a summary. Confirm the length of the term, whether it's full repairing and insuring, how rent reviews are calculated (and whether that matches what's been described to you), and what happens if the provider defaults or ceases trading.
The property itself
Has the property genuinely been adapted for supported living, or is it a standard residential unit being marketed as SSH? Ask for evidence of the adaptations, the completion certificate, and confirmation the property is already tenanted, not simply "tenant ready."
The numbers
Any yield figure quoted should be checked against the actual rent in the lease, not a projected or aspirational figure. Run the purchase price and yield through our Returns Calculator yourself, rather than relying solely on a pre-built projection, so you understand exactly how the annual and cumulative figures are derived.
Independent advice
As with any property purchase, use your own solicitor for conveyancing, and consider independent financial advice before committing capital, particularly if SSH would form a significant part of your wider portfolio.
Our team is happy to walk through the due diligence pack for any development you're considering, get in touch to arrange a conversation.