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4 bedroom house for sale
St. Ives Mount, Leeds, West Yorkshire, LS12
£15,000
St. Ives Mount, 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
This investment opportunity involves a joint venture with a housing provider to purchase and refurbish a property that will house 4 or 6 people. The housing provider takes a 5-year lease on the property, completes the refurbishment and furnishing, and then offers it back to a housing association on a fully funded 5-year lease. The housing association pays a monthly fee to the housing provider, which is guaranteed by the government, providing a steady income stream for the investor. The investment is hands-off, with no void periods, bills, or maintenance responsibilities, and no loans or interest to pay.