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4 bedroom link detached house for sale
Westland Street, Stoke-On-Trent, Staffordshire, ST4
£15,000
Westland Street, Stoke-On-Trent, Staffordshire, ST4
£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 out a government-backed loan to fund the lease, and in return, they will pay a monthly fee to the housing provider in addition to the ground rent. The housing provider will not be responsible for any bills, maintenance, or void periods, making this a hands-off and income-generating investment. The investment will generate a steady income stream for 5 years, backed by the government's guarantee.