4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Acton Road, Blackpool, Lancashire, FY4
£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 or 6 people. The housing provider will take a 5-year lease on the property, and once it's fully renovated and licensed, it will be offered back to a housing association on a fully funded 5-year lease. The housing association will then pay a monthly fee to the housing provider, in addition to the ground rent, for the duration of the lease. This investment is considered a hands-off opportunity, generating income without the need for maintenance, bills, or loans, and is backed by government funding.
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