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4 bedroom link detached house for sale
Ullswater Close, Birmingham, B32
£15,000
Ullswater Close, Birmingham, B32
£15,000
Our Summary
- The investment works through a joint venture (JV) with Housing Provider who have the contract with the housing association 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 or 6 people. The housing provider will take a 5-year lease on the property, gain HMO licenses, and then offer it back to a housing association, which will take a fully-funded 5-year lease. The housing association will pay a monthly fee to the housing provider, in addition to the ground rent, for the duration of the lease. This investment provides a hands-off, income-generating opportunity with government-backed income, no void periods, no bills, and no maintenance or loan payments.