4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Wade Street, Stoke-On-Trent, Staffordshire, ST6
£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, where you lend money to the provider to purchase a property that will be refurbished and furnished to house 4-6 people. The housing provider then leases the property to a housing association for a 5-year term, and the association takes a drawdown of funds from the government to cover the lease. In return, the housing provider receives a monthly fee from the association, which is paid over the 5-year term. This investment offers a hands-off, income-generating opportunity with government-backed income, no void periods, no bills, and no maintenance or loan interest to pay.
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