Selling an investment

We now offer a specialist service where we can sell your property as an investment. Visit our investment sales website by going to www.1forsale.co.uk for more information.

Selling a buy-to-let property (a property with tenants already in place) is no longer the exclusive domain of property professionals or limited to the commercial property sector. 

With increasing numbers of private landlords across the UK there is now a sizeable marketplace for landlords who are looking to either sell their buy-to-let property or invest in a buy-to-let property.

Landlords looking to sell their buy-to-let property should consider the following:

How can I give my buy-to-let 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
  • access to 1LET’s landlord database
  • advertising on well known local and national property websites
  • advertising through (1LET partner) solicitors
  • advertising on the Edinburgh Solicitors property Centre (ESPC) website

Will I get less money for my property if I sell it with tenants in place?
Landlords selling a buy-to-let 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 has tenants in it?
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 a buy-to-let 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 a buy-to-let 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 a buy-to-let property as compared to a property which is sold vacant and aimed at owner occupiers?
No. The legal and marketing costs relating to the sale of a buy-to-let property 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 your buy to let investment property please get in touch with one the 1LET team for further help and advice. You can call us on 0131 476 5500 or contact us via our contact page. 

Initial advice and help with the sale of your buy-to-let property is free of charge and without any obligation.

Contact us today on 0131 476 5500

Feedback from other customers

“1Let have been brilliant to deal with. The staff are friendly and efficient. The odd occasion we have had something go wrong, they have been quick to get it sorted, and have been great when it comes to general maintenance or replacement of aging flat contents.”

Nic - Tenant (14/10/2015), source: allAgents

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“I am very pleased with 1Let agency. They have been quick, professional and sufficient in their service. All enquiries were resolved immediately. E-mails with concerns or questions were answered as soon as it was possible. Very good contact. They were helpful, friendly and professional at all times throughout our lease. I would recommend this agency to other people.”

Kasia - Tenant

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