4 bedroom link detached house for sale

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4 bedroom link detached house for sale

Musgrave Crescent, Sheffield, S5
£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 take a 5-year lease on the property, complete the refurbishment and furnishing, and obtain necessary licenses, before offering it back to the housing association. The housing association will then take the property on a fully funded 5-year lease, with the government providing a drawdown of funds to cover the lease cost. The housing provider will receive a monthly fee from the housing association, in addition to the ground rent, for a total of 60 months. This investment offers a hands-off, income-generating opportunity with government-backed income, no void periods, no bills, no maintenance, and no loans or interest to pay.
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