4 bedroom semi-detached house for sale

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4 bedroom semi-detached house for sale

Essex Street, Walsall, West Midlands, WS2
£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, 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 a fully funded 5-year lease and receive a drawdown of funds from the government, which they will use to pay a monthly fee to the housing provider in addition to the ground rent. This investment provides a hands-off, income-generating opportunity with government-backed income, no void periods, no bills, no maintenance, and no loans or interest payments.
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