4 Bedroom Terraced House For Sale In Birmingham

townhouse for sale

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Listed: 03/17/24

Lakes Road, Birmingham, West Midlands, B23

4 Bed:

Price

£ 15,000

Sold

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About This Townhouse

The investment works through a joint venture (JV) with a 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 … Full description

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