Fund - Abode Impact - Wheelchair accessible housing fund for LondonAbode

ACCESSIBLE HOUSING FUND
FOR LONDON

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WHO

Abode Impact is a specialist team combining expertise across social impact and residential investment. We offer asset-backed investment delivering social impact.

We are being incubated by Mill Group , a specialist investment manager with 20 year track record in real asset investment and management.

Abode Impact is majority owned for the benefit of Community Sponsors Charity, set up in 2006 as the charitable arm of Mill Group to create social impact investment ventures that are self-sustaining and innovative.

WHY

There is clear evidence that wheelchair users are an underserved market, and many have the financial resources to rent a property.

30,000 1 London households have high level accessible housing needs that are not being met.

28,000 2 Londoners in 2010 were attempting to move to somewhere more suitable to cope with a disability.

39% (700,000) 3 of UK households with an identified need for accessible housing have incomes in the top half of the income
distribution of the population as a whole.

WHAT

Abode Impact will launch the first accessible housing fund for London, targeting financial returns and social impact.

The fund will purchase 1 and 2 bedroom new build flats in Outer London. These homes will be adapted for wheelchair users and located close to accessible public transport links.

For more information contact:

Eleanor Bowden, CEO of Abode Impact

eleanor.bowden@abodeimpact.co.uk

FUND SUMMARY

Accessible features for an underserved consumer group

Accessible features for an underserved consumer group

Targets financially active consumer group

A tax transparent, UK structure

Expected to be an English Limited Partnership

Stable, ungeared returns from real assets

Market timing is positive due to Brexit-pricing

Accessible PRS represents a strong opportunity in an underserved market

Without competing propositions

Long-term tenancies result in a low void rate

Serving disabled consumers brings inherent social impact

Annually measures, monitors and evaluates social impact benefit

Abode Impact Research Report

Accessibility is the key: Wheelchair accessible homes needed for private rent (Nov 2018)

READ REPORT

Influencer Member of Pensions for Purpose Network

Pensions for Purpose

Accessible Housing Heat Map for Abode Impact

Tackling Housing Inequality: Accessible Housing Heat Map for London

Read report

Grant Thornton Faces of a Vibrant Economy

Eleanor Bowden, CEO of Abode Impact, named Grant Thornton’s Face of a Vibrant Economy 2018

Read more

CONTACT US





Address:
New Zealand House
15th Floor
80 Haymarket
London
SW1Y 4TE

T: +44 (0) 20 7930 8600
E: info@abodeimpact.co.uk

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