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No longer on the market

This property is no longer on the market

4 bedroom link detached house

Link detached house
4 beds
2 baths
Added > 14 days

Key information

TenureFreehold
Ground rent£0 per annum
Service charge£0 per annum
Council taxAsk agent

Features and description

INVESTMENT OPPORTUNITY

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


#A49MN19KA392NL002

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Area statistics

Crime score
Moderate crime
6/10
Home prices (average)
4 bedroom link detached houses
£358,146

About this agent

PropertyMarket - Birmingham
PropertyMarket - Birmingham
101 Newhall Street Birmingham, West Midlands B3 1LH
0121 721 8072
Full profileProperty listings
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