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4 bedroom link detached house for sale
Kirby Road, Coventry, West Midlands, CV5
£15,000
Kirby Road, Coventry, West Midlands, CV5
£15,000
Our Summary
- Each investment is for 1 x property that will house either 4 or six people, you (the investor/lender) enter in the JV with Housing Provider (the borrower) and then Housing Provider take a 5 year lease on a property and do a full refurbishment and furnish the property, gain all HMO licences then offer it back to the Housing Association
Description
This investment opportunity involves a joint venture with a housing provider to purchase and refurbish a property to house 4-6 people, with the goal of leasing it to a housing association for a 5-year term. The housing provider will take a 5-year lease on the property, complete the refurbishment and furnishing, and obtain necessary licenses before offering it to the housing association. The housing association will then take the property on a fully funded 5-year lease, using government-backed funds, and pay a monthly fee to the housing provider in addition to the ground rent. This investment generates income without requiring hands-on involvement, and offers a guaranteed 5-year income stream with no void periods, bills, or maintenance responsibilities.