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Accessible Housing Services

hands holding houseMK Property Partners works in partnership with with a local Community Interest Company leasing property in Milton Keynes for learning disabled adults as well as those with physical disabilities.  We are always keen to hear from landlords  or investors who would be interested in getting involved in this sector of social housing. Joint venture investments may also be considered.

Usually properties are taken on a 3-5 year, fully repairing lease with zero voids; providing as close to a “hands free” investment option as is possible with property. Rents are full market and our liaison fee is only 5% (plus set up fees of £150).

The demand for suitable housing in this sector always outstrips supply; but not every property will be suitable. Every property is considered on its own merits and with consideration for the needs of those currently waiting for housing. In broad terms, the requirements are as follows:

  • The property will need to be in a suitable area – the clients we house are vulnerable and often need to be placed close to family members or the outreach services they use.
  • 1/2 bedroom homes are most in demand.
  • Ground floor accommodation is usually preferred.
  • Properties do not have to be wheelchair friendly, as many of our clients are ambulant, but adapted property is likely to achieve a premium.
  • We may seek to carry out minor adaptations to the property, which will be returned to the condition as at the start of tenancy (if required). This might be things like installing grab rails, widening doors or adding locks.
  • Although leases are usually set up for 3-5 years the aim is to provide long term housing for these clients. Once a property has been accepted onto this scheme we would look to maintain that lease on an ongoing basis (with regular rent reviews). This scheme is not suitable for short term lets.

If you have a property available which you think might be suitable, or you would be interested in purchasing an investment property suitable for this sector then please contact us to learn more.

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