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4 bed property, in Melton Road, £15,000
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4 bed property

Melton Road, Leicester LE4
£15,000

This investment opportunity involves a joint venture with a housing provider to purchase a property that will be refurbished and furnished to house 4-6 people. The housing provider will take a 5-year lease on the property, gain necessary licenses, and then offer it to a housing association on a fully funded 5-year lease. The housing association will receive government funding for the lease and pay a monthly fee to the housing provider, in addition to ground rent. The investment generates income for 5 years, with no void periods, bills, or maintenance responsibilities, and no loans or interest to pay.