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4 bed property, in Milverton Road, £15,000
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4 bed property

Milverton Road, Manchester M14
£15,000

Our Summary

  • Investment Opportunity | Supported Housing Joint Venture Discover a secure, fully managed investment into social housing that delivers guaranteed and fixed monthly returns - without the risks or responsibilities of traditional property ownership
  • As an investor (Lender), you enter into a Joint Venture partnership with a established housing provider, your capital is used to help fund the acquisition and full conversion of a single residential property into compliant social supported housing
  • The Housing Provider completes all refurbishment and compliance works, furnishes the property to the Decent Homes Standard, secures the necessary HMO licences, and leases the finished unit to a Housing Association on a 5-year government-backed term

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Description

This investment opportunity involves a joint venture with a housing provider to refurbish and furnish a property, which is then leased to a housing association for a 5-year term. The housing provider takes a 5-year lease on the property, completes the refurbishment and furnishes it, and then offers it back to the housing association, which takes a fully funded 5-year lease. The housing association pays a monthly fee to the housing provider, which is in addition to the ground rent, providing a guaranteed income stream for the 5-year term.

This investment is considered hands-off, with no void periods, bills, or maintenance to worry about, and no loans or interest to pay.