4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Sandringham Road, Northampton, Northamptonshire, NN1
£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 will then be leased to a housing association for a 5-year term. The housing association will take a drawdown of funds from the government to cover the cost of the lease, and will pay a monthly fee to the housing provider, in addition to the ground rent, for the duration of the lease. As an investor, you will enter into a joint venture with the housing provider, and will receive a steady income stream for 5 years, with no void periods, bills, or maintenance responsibilities. The investment is a hands-off, income-generating opportunity with government-backed income, and no loans or interest to pay.
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