4 bedroom semi-detached house for sale

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4 bedroom semi-detached house for sale

Montague Road, Birmingham, B21
£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 provider will take a 5-year lease on the property, complete the refurbishment and furnish it, and obtain necessary licenses. The housing association will then take over the property on a fully funded 5-year lease, using government funds to cover the cost. The housing provider will receive a monthly fee in addition to the ground rent, providing a hands-off income-generating investment with no void periods, bills, maintenance, or interest payments.
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