Selling a property with tenants

Selling a property with tenants in situ

Selling a property in Rotherhithe or Canary Wharf with tenants in situ is a breeze when Alex Neil Estate Agents is your partner. The process can seem challenging, but it becomes smooth and rewarding with Alex Neil Estate Agents. Whether you're looking to unlock tied-up equity or streamline your landlord responsibilities, here's why choosing Alex Neil is the smart move.

The highly sought after Keepier Wharf

Expert guidance through complexities: Selling a tenanted property involves unique considerations, from managing tenant communication to understanding how their occupancy affects marketability. Alex Neil's experienced team expertly navigates these complexities, ensuring a seamless process while keeping tenants and buyers informed and satisfied.

Maximising market potential: Alex Neil leverages a dual approach, marketing your property to both landlord investors and homeowner buyers where possible. This strategy ensures you access the broadest range of buyers, potentially achieving the best possible price for your property.

Tenants-in-situ sales made easy: Alex Neil specialises in facilitating tenant-in-situ sales for landlords who wish to sell without disrupting rental income. Their extensive network of property investors means your property can find the right buyer while retaining a steady revenue stream during the sale process.

Custom solutions for landlord-sellers: No two properties or situations are the same. Alex Neil offers bespoke advice tailored to your financial needs, whether selling quickly, maximising value, or balancing rental income with sale timelines.

Minimising financial strain: Navigating vacant possession and covering property expenses during a sale can be daunting. Alex Neil's team helps you plan for scenarios where the property might stand empty, minimising financial pressure and keeping the process stress-free.

Why selling now makes sense: The UK property market remains robust, and Rotherhithe and Canary Wharf continue to attract buyers with their riverside charm, excellent transport links, and vibrant communities. Selling now is a fantastic opportunity for landlord-sellers to capitalise on rising property values and free up their equity for other investments or personal goals.

Real-world example: A landlord in Rotherhithe recently partnered with Alex Neil to sell a two-bedroom apartment with tenants in situ. The team expertly marketed the property to a database of investors, securing a sale within weeks. The landlord continued to receive rental income during the process, and the buyer was thrilled to acquire a tenanted investment.

Take the next step: Selling your property with tenants in situ doesn't have to be complicated. With Alex Neil's expertise, you'll benefit from clear communication, strategic marketing, and a focus on achieving the best outcome for your needs. If you're ready to sell your tenanted property or explore your options, contact Alex Neil today for a free, no-obligation valuation. Let their trusted team guide you through a successful sale.

Written by Alex Neil Estate Agents

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Fees

Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated

Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.