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4 bedroom link detached house for sale
Madison Walk, Birmingham, B15
£15,000
Madison Walk, Birmingham, B15
£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 that will house 4 or 6 people. The housing provider will take a 5-year lease on the property, do the refurbishment and furnishing, and obtain necessary licenses. They will then offer the property to a housing association, which will take a fully funded 5-year lease and pay a monthly fee over and above the ground rent. The investor will receive a steady income stream for 5 years, with no void periods, bills, or maintenance to worry about. The investment is backed by government funding and requires no loans or interest payments.