5 bedroom house for sale
£15,000 /Sale price - Birmingham B23Details
- Beds: 5
- Price: £15,000 /Sale price
- Internal Reference No.: 71754106
Overview
The investment works through a joint venture (JV) with Housing Provider who have the contract with the housing association. 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. The Housing Association then take the property on a fully funded 5 year lease from Housing Provider. They take a drawdown of funds from the government for the cost of the lease that will run the full term. They don't then pay this directly out to Housing Provider but pay a month fee over and above the ground rent of the property that Housing Provider have secured. The payments last for 60 months i.e. 5 years. Key features: Income generating investment Hands-off investment Government-backed income No void period No bills No maintenance No loans; no interest to pay For more details and to contact: https://realtyww.info/houses_birmingham-d196342/for-sale_i71754106Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-05-12, Viewed 0 times.
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