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Looking to Sell

SELL YOUR BUY TO LET PROPERTY WITH TENANTS IN SITU

For the past 10 years, selling properties to landlords has been at the heart of what we do, primarily through our network of over 30,000 global property investors. We specialise in selling tenanted buy to let properties with sitting tenants to our investors, ensuring you retain your rental income up to the point of completion, and avoiding costly void or vacancy periods on the property.

As Seen On

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As Seen On

SELL YOUR BUY-TO-LET PROPERTY WITH SITTING TENANTS

  • Allows you to earn rental income right up to completion
  • Avoid costs during void period including utilities and council tax
  • We work closely and transparently with your tenants to ensure peace of mind for those who wish to stay in their home
  • Our clients are actively seeking tenanted properties as this provides them with immediate rental income with no additional costs such as new tenant find or administration fees.

Selling your Tenanted Property - Our Process

FREE VALUATION

Get a free-of-charge, no obligation valuation via our online valuation tool in just 60 seconds! You can also contact us for a more detailed 'Best Price Guide' report showing valuations on comparable or similar properties in your local area. 

COMMUNICATION

Key to a successful sale is open and honest communication with all parties including your tenants and existing lettings agents. We will liaise with all parties on your behalf, explaining next steps and how we work solely with landlords to sell your property.

MARKETING

We’ll market your property directly to our network of over 30,000 global property investors as well as the major UK property portals. Our database of property investors, developed over 10 years, are actively seeking to invest in the UK property market. 

VIEWINGS

Where necessary, we’ll work with your tenants and lettings agents to organise property viewings for potential landlords. In all instances, we’re mindful of tenants wishes, and will work with them to present your property in the best way possible.

OFFERS

We inform you of all offers from our investors, and will negotiate on your behalf to deliver the best price for your property.

LEGAL PROCESS

Our dedicated sales progression team will work with you throughout the legal process to ensue a swift and seamless progression through to completion of sale.

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

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WHY CHOOSE PURE INVESTOR TO SELL YOUR TENANTED PROPERTY?

SELLING A TENANTED BUY TO LET PROPERTY – FAQ’s

What Are The Benefits Of Selling The Property Whilst It’s Tenanted?

There are a number of key reasons why you should consider selling your buy to let property with the tenants in situ, the key one being that you have the opportunity to generate rental income right up to completion. You also avoid additional monthly expenses including utility bills and council tax, all of which are payable on a vacant property. Assuming that the average sale takes 4.2 months (Source: The Advisory ‘Time To Sell’ Study), it’s easy to see how these costs can easily start to add up.

It’s also worth noting that on average 20-30% of property sales fall through, indeed over 300,000 property sales failed to complete in 2020. This often leads to the property being remarketed, adding an additional void period to the overall costs, all of this whilst your mortgage repayments are still payable.

Why Should I Choose Pure Investor To Sell My Tenanted Property?

We only work with landlords, and our sole focus is to sell the property to another landlord on your behalf. We have a large database of experienced property investors, over half of which are based outside the UK, but who own properties throughout the UK. Our team is experienced in working with landlords, and in selling properties that are tenanted. This experience is critical and gives you the best chance to sell your buy-to-let property with the tenants in situ.

Where Will You Market My Property?

Selling a tenanted property is very different from traditional estate agencies, and simply listing a property on the property portals does not give you the optimal coverage to what is a relatively specialist audience.

We will not only market your property on the major property portals including Rightmove and Zoopla, but you will also be listed on our main Pure Investor website, which benefits from over 500 experienced property investors every day. The property will also be marketed to our database of over 30,000 property investors via our in-house marketing initiatives.

Will You Provide Me With A Valuation On My Tenanted Property?

Yes, whether you’re actively considering selling your tenanted property, or simply curious as to its current valuation on the market, we’d be delighted to provide you with a valuation on a free-of-charge, no-obligation basis.

Will You Require Access To My Property In Order To Sell It?

As with all property sales, we will require access to your property in order to compile the relevant marketing information and photography. We want to present your property as professionally as possible, and it makes sense for us to visit the property as early as possible in the process.

Key to a successful sale is honesty and transparency with all parties. It’s worth noting that the most effective way for us to arrange access to the property is directly with the tenants rather than through any third party. In our experience, we’ve found the vast majority of tenants want to stay in their property, and are happy to work with you once the process has been explained to them. Throughout the process we will respect the tenants and their right to a quiet and peaceful environment.

Good, effective marketing including detailed photography and walkthrough videos often remove the requirement for multiple viewings. We also work closely with prospective buyers to ensure that there is a genuine interest, and ability to proceed prior to booking any viewings at the property.

How Do You Work With My Tenants?

We’ve found that the key to a successful sale is to work with your tenant in an open, honest and transparent manner. Throughout the process, we will be respectful of the requirements and rights of your tenant to ensure a smooth and seamless transition through to completion.

From the outset, we will explain that we work solely with landlords, with a view to selling them a property with a tenant in situ. A good quality tenant is a positive for both the landlord and the tenant, and open and honest communication with all parties from the beginning of the process is crucial to achieving a successful sale.

I Already Have A Good Lettings Agent Managing The Property. Will You Be Looking To Change This?

No, as above the key here is honest and transparent communication from the outset. The key objective for our landlords is to purchase a property which is managed and already generating a rental income. As such, we’re happy to include the information from your existing agents to present a more managed investment option.

What Type Of Tenanted Properties Do You Sell?

We sell all types of residential tenanted properties, including apartments, studios and houses. For more experienced investors, we also work on larger portfolio sales.

How Much Will You Charge Me To Sell My Tenanted Property?

We charge a fee of 1.25% plus VAT (1.75% plus VAT - London/inside M25) of the sale price (subject to a minimum £2,500.00 plus VAT), on a 'no sale, no fee' basis.

What Is Your Contract Duration?

A well-priced property should be able to generate interest straight away, and as such our sales agreements are for a fixed term of 10 weeks. If the property remains unsold after the 10-week marketing period, it would be removed from the open market and our agreement would come to an end. 

Tenanted Properties for Sale

Sell your Property - Related News & Articles

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