4 bedroom semi-detached house for sale

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4 bedroom semi-detached house for sale

Rookery Road, Birmingham, B29
£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, which will then be leased to a housing association for a 5-year term. The housing association will take a drawdown of funds from the government to cover the lease costs, and will pay a monthly fee to the housing provider, in addition to the ground rent. The investment is a hands-off, income-generating opportunity with no void period, no bills, and no maintenance or loan repayments to worry about. The government-backed income ensures a steady stream of returns over the 5-year term, providing a secure and attractive investment opportunity.
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