4 bedroom house for sale

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4 bedroom house for sale

Bowater Street, West Bromwich,West Midlands, B70
£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 single 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 necessary licenses, and then offer it back to a housing association, which will take a fully-funded 5-year lease. The housing association will receive a government-backed income stream, paying a monthly fee in addition to ground rent, providing a hands-off investment with no void periods, bills, or maintenance. The investment generates a steady income over the 5-year term, with no loans or interest to pay.
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