Clarendon Street, Manchester M15 4 bed semi

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Clarendon Street, Manchester M15 4 bed semi

Clarendon Street, Manchester M15
£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

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: The investment involves a joint venture with Housing Provider, a contractor with a contract with a housing association. Each investment is for a single property that will be refurbished and furnished to house 4-6 people, then leased to the housing association for 5 years. The housing association will take a lease on the property, receiving government funding for the lease, and will pay a monthly fee to Housing Provider, who will not be responsible for maintenance, bills, or interest payments. This hands-off investment generates income for 5 years, with no void periods or loans to worry about.
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