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4 bedroom link detached house for sale
Northway, Dudley, West Midlands, DY3
£15,000
Northway, Dudley, West Midlands, DY3
£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, where you lend money to purchase a property that will be refurbished and furnished to house 4-6 people. The housing provider then takes a 5-year lease on the property and offers it back to a housing association, which takes a fully funded 5-year lease and pays a monthly fee in addition to the ground rent. The payments are guaranteed for 60 months, providing a hands-off income-generating investment with no void periods, bills, or maintenance to worry about. The investment is backed by government funding, eliminating the need for loans and interest payments.