Selling a property with a tenant: advantage or obstacle?
A let property is not automatically difficult to sell. It is a different product, with a different audience and a different price.
01
What it means for the buyer
An investor sees immediate income and less vacancy. An owner occupier sees commitment and waiting. The strategy must speak to the right audience.
Lease term, rent and tenant reliability affect attractiveness. Ambiguity reduces the price.
02
Yield and time
A sale with a tenant can be faster when the yield is evidenced. A clear picture of income and costs persuades more than a promise.
If the buyer wants a vacant property, the exit cost must be calculated. Negotiation starts there.
“A let property is not a problem. It is a product with different rules.”
This article is general information and does not constitute legal, tax or investment advice.
The Journal
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The Journal
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