Sell A Tenanted Property
We’ve purchased hundreds of buy-to-let properties.
- Offer in 15 minutes
- Fully managed service
- No fees or commission
- Sell in as little as 3 days
We understand that, for many landlords, selling a tenanted property can often be complicated and stressful.
You may be wondering, “Can I sell a house with a tenant in it?” The answer is yes, you can, and we’re here to help with the how. The rights of your sitting tenants must always be acknowledged and adhered to when selling, so it’s important to know the legal stipulations involved when selling a tenanted property.
At We Buy Any Home, our team of industry experts have vast experience in investment property sales and have purchased numerous buy-to-let properties, which means your property sale is in safe, knowledgeable hands.
Free cash offer within minutes, any condition, UK location.
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Selling a buy-to-let property
The primary benefit of using a cash property-buying business is the speed with which we can buy commercial properties for sale. Liquidity can be scarce for business owners with commercial properties, and the need for immediate capital to fuel growth is pressing. The opportunity to invest and expand can’t always wait.
We can offer you a cash sale in as little as 7 days, providing immediate funds for reinvestment. This strategy ensures a quick cash flow and allows for leasing expenses to be recorded as operational costs. This has advantageous tax benefits and offers flexibility in managing your financial resources!
If your long-term lease is coming to an end, you may find yourself in a tricky spot, but selling the property as the lease terminates can be a strategic move to sidestep the challenges of an unoccupied space.
This transition period can actually enhance the property’s appeal to buyers, making it a great time to sell up.
Business dynamics can change unexpectedly, and companies may experience revenue fluctuations or hit their sales ceiling. For example, an economic downturn or a reduction in business can render existing spaces redundant, leading to a financial drain on your expense account.
Selling the property before this happens allows for fast relocation to premises that are a better match to your current needs. This prevents stagnation and keeps your business ticking along.
When a business is at risk of a corporate takeover, selling a commercial property can be a tactical defense.
This decision can offer the liquidity needed to bolster the company’s position to prevent potential takeover attempts.
What is an Assured Shorthold Tenancy Agreement?
Selling commercial property requires the title deed, lease agreements (if any), property tax records, building plans, and compliance certificates to be in order. Having these documents to hand and prepared in advance can speed up the transaction.
Having effective marketing strategies is crucial for reaching potential buyers. This could mean listing on commercial property platforms, working with a real estate agent, or using digital marketing techniques.
Negotiation is an art where you understand the buyer’s needs, express your terms clearly, and find a sweet spot that works for everyone. Preparation and flexibility are the key to successful negotiations.
Free cash offer within minutes, any condition, UK location.
Don’t just take our word for it.
Highly Recommend for No Stress
Daisy and Chelsea were great, I have been having a really hard time selling my house on the open market and couldn’t deal with the stress anymore. I came to WeBuyAnyHome just to explore my options but it turned out to work out really well for me. What they offered to start with did slightly change but that was fine as they were transparent in the process. I received my money within 3 weeks of making the first call and I can finally move on with my life. Thank you ladies you have helped me a lot.
Kim S.
Grateful for We Buy Any Home
Very knowledgeable and hard-working team. Tom and Chelsea are very professional and supportive at all times and provided updates throughout the process to keep you in the loop. Appreciate the help the company gave in a time of need.
Jess R.
Am I able to sell a tenanted property?
You can also sell a rental property to a regular buyer who will live there once the sale is completed, however this can be more complex. If you have an Agreed Shorthold Tenancy agreement, you can provide notice to your tenants by serving a Section 21 notice. You will need to wait for this notice to expire before your property sale can complete. If you have followed all the terms stipulated in the Agreed Shorthold Tenancy Agreement, yet your tenant refuses to leave the premises, you may have to initiate the eviction process.
Either way, at We Buy Any Home, we can purchase properties with tenants in. We adhere to existing tenancy agreements, meaning your tenants won’t be impacted. Many of the properties we purchase remain as buy to lets, as we often sell properties to investors who are eager to expand their investment portfolios, or rent the properties ourselves.
A great benefit of selling your property to another landlord is that your tenants won’t be required to move out. The assured shorthold tenancy agreement that you have in place with your tenants can simply be transferred. The new landlord will be required to honour the existing terms for the remainder of the tenancy. A second benefit to selling to a landlord is that you won’t lose out on income in the lead up to the sale.
Some landlords are eager to sell their buy to let properties because of problem tenants. Tenants might be refusing to let prospective buyers enter the property, behaving unreasonably or have left the property in such a state that no one may be willing to buy it. At We Buy Any Home, we purchase properties with problem tenants, and will also buy your property no matter what the condition.