5 bed semi-detached house for saleSt. Peters Road, Birmingham B20
Local area information
- Heathfield Primary School 0.1 miles
- St Clare's Catholic Primary School 0.2 miles
- Perry Barr 0.8 miles
- Jewellery Quarter 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Birmingham to find out more about the area.
Features and description
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 of £700 over and above the ground rent of the property that Housing Provider have secured. As an example, if the rent was £2000 per month (pcm) they will pay £700, out of that money £100 pcm goes to a management company installed by the Association and £600 pcm goes to you the investor and £2000 to Housing Provider to pay the ground rent. The payments last for 60 months i.e. 5 years.
Total returned to you the Investor is £36,000 which is made up of all your capital back and repayment (30% annual return & 150% compounded ROI over the 5 years).
Income generating investment
No void period
No loans – no interest to pay
Floor plans and tours
No floor plan available
No virtual tour available
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