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4 bedroom link detached house for sale
Model Avenue, Leeds, West Yorkshire, LS12
£15,000
Model Avenue, Leeds, West Yorkshire, LS12
£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 summary of the property description in a single paragraph:
The investment involves a joint venture with a housing provider, where you lend funds to purchase a property that will be refurbished and furnished to house 4 or 6 people. The housing provider takes a 5-year lease on the property, gains necessary licenses, and offers it back to a housing association on a fully funded 5-year lease. The housing association pays a monthly fee in addition to ground rent, providing a guaranteed income stream for 60 months. This hands-off investment offers government-backed income, no void periods, no bills, and no maintenance or loan repayments with interest.