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4 bedroom house for sale
Alexandra Road, Birmingham, B5
£15,000
Alexandra Road, Birmingham, B5
£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 gain HMO licenses, then offer it back to a housing association on a fully funded 5-year lease. The housing association will take a drawdown of funds from the government to cover the lease, but will pay the housing provider a monthly fee in addition to the ground rent, providing a steady income stream for 5 years. This hands-off investment requires no void periods, bills, or maintenance, and offers government-backed income with no loans or interest to pay.