4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Weymouth Street, Leicester, Leicestershire, LE4
£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 will then lease the property back to the housing association, which will take a 5-year lease and pay a monthly fee, in addition to the ground rent, to the housing provider. The housing association will also receive government funding for the lease, which will cover the full 5-year term. As an investor, you will receive a steady income stream for 5 years, with no void periods, bills, or maintenance responsibilities, and no interest to pay on the loan.
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