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4 bedroom semi-detached house for sale
Stephens Road, Sutton Coldfield, West Midlands, B76
£15,000
Stephens Road, Sutton Coldfield, West Midlands, B76
£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 lease on the property and pay a monthly fee, in addition to ground rent, to the housing provider. The housing provider will not be responsible for maintenance, bills, or void periods, and the investment is backed by government funding. The investment generates a steady income stream over the 5-year term, with no loans or interest to pay.