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4 bedroom link detached house for sale
Melton Road, Leicester, Leicestershire, LE4
£15,000
Melton Road, 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
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Here is a summarized version of the property description in a single paragraph:
The investment involves a joint venture with a housing provider who has a contract with a housing association. The investor lends to the housing provider, who then takes a 5-year lease on a property, refurbishes and furnishes it, and obtains necessary licenses. The housing association then takes the property on a fully funded 5-year lease, with the government providing funds for the lease. The housing association pays a monthly fee to the housing provider, which covers the property's ground rent and provides a steady income stream to the investor. This hands-off investment generates income without void periods, bills, or maintenance, and no loans or interest payments are required.