Henley Investments has unveiled the first independent impact report for its Secure Income Property Unit Trust II (SIPUT II).
This highlights significant progress in tackling the UK’s shortage of high-quality supported housing for vulnerable adults.
Commissioned by Henley SIPUT II and prepared by The Good Economy Partnership Limited, the report evaluates the fund’s performance from its 2022 launch through March 2025. Key achievements include a £76 million commitment across 48 schemes, delivering 285 completed homes that support up to 322 potential residents.
The fund has prioritised innovation, with 90% of homes being new to the supported housing sector and 43% constructed as new-build developments. Stabilised occupancy stands at 91%, while 68% of properties are located in the UK’s 40% most deprived local authorities, ensuring targeted support where it’s needed most. The portfolio also demonstrates strong energy performance, aligning with upcoming regulatory standards.
Independent feedback from residents reveals tangible benefits, including improvements in independence (55% of respondents), confidence (50%), and support networks (47%) compared to previous accommodations. Once fully occupied, the homes are projected to generate £8.5 million in annual social value, comprising £1.5 million in improved resident outcomes and £7 million in fiscal savings to public services.
”We are proud of the impact delivered so far, and we remain focused on expanding access to safe, sustainable, and appropriate homes for vulnerable adults across the UK.
The full report is available for download here, offering deeper insights into the fund’s strategy and outcomes.
