Increased numbers of private landlords in the UK means that there is now a sizeable marketplace for landlords who are looking to either sell their investment property off-the-shelf or buy an investment property off-the-shelf.
LANDLORDS WHO ARE LOOKING TO SELL AN INVESTMENT PROPERTY SHOULD CONSIDER THE FOLLOWING:
How can I give my investment property maximum sales exposure?
As with any property sale, maximum sales exposure is extremely important. This can be achieved by:- preparing an attractive sales schedule.
- advertising on the 1LET website.
- advertising on additional well known local and national property websites.
- advertising through (1LET partner) solicitors.
- advertising on the Edinburgh Solicitors property Centre (ESPC) website.
Will it get less money for my property if I sell it with tenants in place?
Landlords selling an investment property may wish to use the benefit of any contents within the property and the continuity of rent that they have enjoyed to offer some form of additional incentive to potential purchasers. With the exception of these factors the sale price should otherwise reflect the open market value.How can potential buyers view the property if it is currently tenanted?
This can be professionally managed by 1LET.Are there any additional legal aspects to consider?
Yes. These should be discussed early on in the sales process and can be professionally managed by 1LET.Is it harder to sell an investment property as compared to a property which is also aimed at owner occupiers?
This will depend on a number of factors and should be discussed early on in the sales process.Will it take longer to sell an investment property as compared to a property which is also aimed at owner occupiers?
This will depend on a number of factors and should be discussed early on in the sales process.Is it more expensive to sell an investment property as compared to a property which is also aimed at owner occupiers?
No. The legal and marketing costs relating to the sale of an investment are broadly the same as those for selling a property which is sold with vacant possession.THE ROLE OF 1LET:
If you are thinking of selling an investment property why not ask us for a quote.Initial advice and help with the sale of your investment property is free of charge and without obligation.
