4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Cardiff Close, Coventry, West Midlands, CV3
£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 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 and offer it back to a housing association, which will then take a fully funded 5-year lease and pay a monthly fee to the housing provider. The housing association will receive government funding to cover the lease costs, and the housing provider will not have to pay any bills, maintenance, or interest on a loan. The investment generates a steady income over the 5-year term, with no void periods or loan repayments required.
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