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4 bedroom link detached house for sale
Outram Road, Sheffield, S2
£15,000
Outram Road, Sheffield, S2
£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 properties that can accommodate 4-6 people. The housing provider takes a 5-year lease on the property, does the refurbishment and furnishing, and then offers it back to the housing association on a fully funded 5-year lease. The housing association takes a drawdown of funds from the government to cover the cost of the lease and pays the housing provider a monthly fee in addition to the ground rent. This results in a hands-off, income-generating investment with no void periods, bills, or maintenance costs, and no loans or interest to pay. The government-backed income provides a stable and predictable return on investment.