Tenanted Investment Property 

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Traditional estate agents have historically been hesitant to take tenanted properties on to their books, however in recent times buyers have realised the potential of such a venture.

It may not be the easiest situation to utilize but with good management a smooth transaction can be achieved. We know that you want to do the best for your tenant(s) but also have the conflict of wanting to get the best possible deal for your property.

By joining an estate agent or independent insurance company you should be able to come up with a process that suits all parties: seller, buyer and tenant. A specialist agency will have access to people who want to buy a tenanted property and will also understand the unique situation of tenanted property investment.

It is also important to inform your tenants of your wish to sell as this may ease any potential tension. Your tenant(s) may even be interested in purchasing your property or know a likely buyer.

Of course there is always the option of serving a Notice to Quit on your tenants but this doesn't always facilitate a quicker sale. Choosing this option would also leave you open to void period which in the long-term would prove a costly practice.
 
Click here to find out how Smartlandlord^® can help you sell your tenanted property.

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