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4 bedroom house for sale
Jameson Street, Wolverhampton, West Midlands, WV6
£15,000
Jameson Street, Wolverhampton, West Midlands, WV6
£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, the investor, lend funds to purchase a property that will be refurbished and furnished to house 4 or 6 people. The housing provider will then lease the property for 5 years to a housing association, which will take a drawdown of government funds to cover the lease. The housing association will pay a monthly fee to the housing provider, in addition to the ground rent, for the duration of the 5-year lease. This investment offers a hands-off, income-generating opportunity with no void periods, bills, or maintenance costs, and is backed by government funds, providing a secure and predictable income stream.