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Back to search: West Bromwich or Providence Place

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4 bed House property

Available
For Sale
Listed Jul 8, 2025
£15,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"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.

#INVEST"

Property Location

Average Price
Crime
Nearby Schools
Lodge Primary School
0.2mi
The British Muslim School
0.3mi
Health Futures UTC
0.3mi
Lyng Primary School
0.3mi
Sandwell College
0.3mi
Nearby Stations
Sandwell & Dudley Station
0.8mi
Smethwick Galton Bridge Station
1.3mi
Langley Green Station
1.6mi
The Hawthorns Station
1.6mi
Smethwick Rolfe Street Station
1.9mi
Schools
Stations
On the map
Road view

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