4 bedroom link detached house for sale

>

4 bedroom link detached house for sale

Barclay Street, Leicester, Leicestershire, LE3
£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, as the investor, lend money to purchase a property that will be refurbished and furnished to house 4 or 6 people. The housing provider will then lease the property from you for 5 years, during which time they will manage the property and collect rent from the tenants. Meanwhile, the housing association will take a 5-year lease on the property from the housing provider, using government funding to cover the costs. The housing provider will receive a monthly fee from the housing association, in addition to the ground rent, providing a steady income stream for 5 years, with no void periods, bills, or maintenance costs.
Get a Mortgage Quote