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4 bedroom flat for sale
Smythen Street, Exeter, Devon, EX1
£15,000
Smythen Street, Exeter, Devon, EX1
£15,000
Our Summary
- As the investor (Lender), your capital is used to fund the acquisition and conversion of a single residential property into compliant supported housing
- For further information about this investment opportunity, please contact us during office hours (10am-6pm)
Description
This investment opportunity is a joint venture with a professional Housing Provider to create social housing for vulnerable individuals. As the investor, you provide capital to fund the acquisition and conversion of a single residential property into compliant supported housing, with no loans or mortgages involved. The Housing Provider manages all property-related obligations, including maintenance, utilities, and compliance, and secures a 5-year lease with a registered Housing Association. You receive a fixed monthly income, paid every month for the full 5-year term, with no landlord duties or running costs. This hands-off investment offers a predictable and passive income stream, with flexible investment terms and zero exposure to ongoing expenses. The investment is well-suited for turn-key investors seeking reliable monthly returns while supporting the delivery of accommodation for vulnerable individuals.