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4 bedroom link detached house for sale
Milverton Road, Manchester, Greater Manchester, M14
£15,000
Milverton Road, Manchester, Greater Manchester, M14
£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, which will then be leased to a housing association for a 5-year term. The housing association will take a lease on the property and receive funding from the government, which they will use to pay a monthly fee to the housing provider, in addition to the ground rent. This provides a hands-off, income-generating investment with no void periods, bills, or maintenance costs, and no loans or interest to pay. The investment is designed to generate a steady income stream over a 5-year period, with the government-backed income providing a stable foundation for returns.