A new property has just launched on the Housemartin Exchange. #197 Brunswick Square, Penrith offers investors the opportunity to secure a 7.6% yield on their investment until 2035 with the benefit of a full repairing and insuring lease and an inflation-linked income.
What makes #197 Brunswick Square special?
1. Full repairing & insuring (FRI) lease
Brunswick Square is let on a full repairing & insuring (FRI) basis, which makes the tenant and their registered provider partner responsible for building insurance as well as the day‑to‑day repairs and maintenance of the property. This should significantly reduce the risk of unexpected landlord costs and means the contingency fund is not expected to be called on for routine works.
2. Income until 2035 with no breaks.
Investors benefit from a long, fixed term that cannot be ended early by the tenant – the lease runs until 2035 with no break clauses, giving 9 years of contracted income from day one.
3. Inflation‑linked income that compounds until 2035
Rent increases each year in line with RPI, which is typically higher than CPI currently 3.0% vs 2.8%). Over a 9‑year period, this can make a material difference to total income, as each year’s uplift is applied to a larger rent figure.
4. New counterparty, more diversification
Cumbria Quality Care (CQC) is a new lease counterparty for Housemartin, selected to broaden the spread of tenants on the platform and provide additional diversification. We have completed detailed financial, regulatory and operational due diligence on CQC and have been impressed by the strength of their local authority and NHS commissioner relationships.
5. Specialist supported living in a strong location
The property is a substantial townhouse in a conservation area in Penrith, configured for specialist supported living with placements backed by local authority commissioners for adults with complex needs. This combines a social‑impact outcome with a long‑term, needs‑driven demand profile.