4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Milverton Road, 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 refurbish and furnish a property, which is then leased to a housing association for a 5-year term. The housing provider takes a 5-year lease on the property, completes the refurbishment and furnishes it, and then offers it back to the housing association, which takes a fully funded 5-year lease. The housing association pays a monthly fee to the housing provider, which is in addition to the ground rent, providing a guaranteed income stream for the 5-year term. This investment is considered hands-off, with no void periods, bills, or maintenance to worry about, and no loans or interest to pay.
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