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4 bedroom link detached house for sale
Old Road, Oxford, Oxfordshire, OX3
£15,000
Old Road, Oxford, Oxfordshire, OX3
£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 five-year term. The housing provider will take a 5-year lease on the property, refurbish and furnish it, and obtain all necessary licenses before offering it back to the housing association. The housing association will then take the property on a fully funded 5-year lease and pay a monthly fee, in addition to ground rent, to the housing provider. This investment is hands-off, with no void periods, bills, or maintenance to worry about, and is backed by government funding, providing a steady income stream for the investor.