>
4 bedroom link detached house for sale
Eyre Green, Slough, Berkshire, SL2
£15,000
Eyre Green, Slough, Berkshire, SL2
£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 provider will enter into a 5-year lease with the housing association, who will take a drawdown of funds from the government to cover the cost of the lease. The housing association will then 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 receive a monthly income stream for 5 years, with no void periods, bills, maintenance, or interest payments to worry about.