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

Melton Road, Leicester LE4
£15,000

Our Summary

  • Social Housing Investment Opportunity
  • 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 purchase a property that will be refurbished and furnished to house 4-6 people. The housing provider will take a 5-year lease on the property, gain necessary licenses, and then offer it to a housing association on a fully funded 5-year lease. The housing association will receive government funding for the lease and pay a monthly fee to the housing provider, in addition to ground rent.

The investment generates income for 5 years, with no void periods, bills, or maintenance responsibilities, and no loans or interest to pay.