Selling a rental property does not always mean making it vacant first. A sale with tenants in place may be possible, depending on the tenancy, the property and the buyer’s requirements.
SellHouseFaster makes cash offers for rental properties across Greater Manchester. Tell us about the condition, rent and tenancy, and we’ll make an offer within 24 hours of receiving the details. If you decide to proceed, a direct buyer purchases the property, with solicitors handling the sale and the necessary tenancy arrangements.
- 24 hoursTo receive an offer after sharing property and tenancy details
- Tenanted saleFind out whether tenants can remain in place
- Free offerNo obligation to accept
- Legal costs coveredSeller’s conveyancing fees and disbursements on completion
When you’re ready to sell your rental property
Reviewing the return
Mortgage costs, maintenance and other expenses can change what a property earns. An offer gives you a starting point for comparing a sale with continuing to let it.
Reducing management responsibilities
Repairs, paperwork and day-to-day decisions can take more time than you want to spend. Whether you manage the property yourself or use an agent, you can explore selling without committing to it.
Considering your tenants
You may want to sell while allowing the tenants to remain. Share the tenancy details so that option can be assessed before you make plans to end the tenancy.
Changing your investment plans
You might be retiring, moving away or reducing the number of properties you own. Tell us whether you want to sell one rental or discuss several.
What we consider when making your offer
- The property and its condition. Tell us about the house or flat, any repairs needed and known issues.
- The tenancy and rental income. Share the agreement, current rent and whether payments are up to date.
- Deposits and supporting records. Deposit protection details and relevant documents help the buyer and solicitors assess the sale.
- Licensing and compliance. Let us know about HMO or other licensing requirements, certificates and outstanding matters.
- Your preferred timing. Share any deadlines so a realistic timetable can be discussed.
- The next steps and costs. We’ll explain the offer and any conditions. On a completed sale, we cover the seller’s conveyancing fees and disbursements, with no selling fee payable to us.
Compare the offer with your other selling options
A cash offer may be lower than the price achievable through an estate agent. The tenancy, rental income and condition can affect the property’s value and buyer interest. Compare the likely proceeds, timing and responsibilities involved in each route before deciding.
How selling a tenanted property works
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Step 1Share the property and tenancy detailsComplete the short enquiry form or call 0161 806 1235. Tell us the property type, condition, rent and whether there are any arrears or tenancy issues.
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Step 2Receive your offer within 24 hoursWe’ll review the details and make a cash offer for you to consider. We’ll explain any conditions and whether proceeding with tenants in place looks suitable.
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Step 3Complete the buyer and legal checksIf you choose to proceed, the direct buyer and solicitors review the property, tenancy documents, deposits, licensing and other relevant information. Any access must be arranged appropriately with the occupants.
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Step 4Complete on an agreed dateOnce the checks and legal work are ready, completion takes place on an agreed date. The solicitors confirm the arrangements for rent, deposits and the change of landlord where the property is sold with tenants in place.