How do I sell up a portfolio?
I have been a private landlord for approximately 30 years and am now looking to retire. I would prefer to sell my houses as a going concern as most of my tenants have been with me for up to 25 years and look upon their rented property as their forever homes.
My portfolio is based in the North East of England and properties are in excellent order, but although I’m reasonably competent at buying and renovating properties I’ve never made a multiple sale. Therefore, would anyone have any advice on how to go about selling a portfolio please?
Many thanks
Julie
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Member Since March 2017 - Comments: 38
1:12 PM, 25th June 2019, About 7 years ago
Thanks Joseph,
I will send you a complete list of all properties to your email address. I appreciate your quick response and hopefully you can help me,
Kind regards,
John.
Member Since July 2013 - Comments: 754
1:14 PM, 25th June 2019, About 7 years ago
Reply to the comment left by john mcghee at 25/06/2019 – 12:59
Sorry to hear about your situation John. Where in the country are your properties? Depending where they are, we may be interested. Thank you.
Member Since February 2017 - Comments: 30
7:47 PM, 25th June 2019, About 7 years ago
Reply to the comment left by Luke P at 25/06/2019 – 11:17
Not received as of yet (and I’ve checked my junk folder too! [email protected]
Member Since March 2017 - Comments: 38
2:47 AM, 26th June 2019, About 7 years ago
Reply to the comment left by Freda Blogs at 25/06/2019 – 13:14
All of my properties are in Yorkshire around the Sheffield, Rotherham and Doncaster areas.
Apart from one which is in the Gateshead area in the North East.
John McGhee
Member Since March 2017 - Comments: 38
2:48 AM, 26th June 2019, About 7 years ago
Reply to the comment left by Joe Robertson at 25/06/2019 – 19:47
I will gove all details tomorrow,
Thank you
John McGhee
Member Since July 2013 - Comments: 754
2:01 PM, 26th June 2019, About 7 years ago
Reply to the comment left by john mcghee at 26/06/2019 – 02:47
Hi John, the properties are too distant for us, but thank you anyway. Best of luck with them.
Member Since March 2017 - Comments: 38
2:36 PM, 26th June 2019, About 7 years ago
Reply to the comment left by john mcghee at 25/06/2019 – 13:12
List of properties;
1. 10 Sycamore rd mexborough, doncaster, mort.o/s £72 k. rent £450 pcm.
2. 17 Yew Tree Cresc, Rossington Doncaster. mort.o/s £96k. rent £550 pcm.
3. 4 Spilsby Close, Cantley, Doncaster. mort.o/s £104k. rent £550 pcm.
4. 33 Makin St. Mexborough, Doncaster, mort.o/s £60k. rent £450 pcm.
5. 49 St. Marys Rd, Rawmarsh, Rotherham, mort o/s £50k. rent. £425 pcm
6. 4 Oxcar, Armthorpe,Doncaster, mort.o/s £100k. rent £650 pcm.
7. 41 Halliwell Cresc, Sheffield, mort.o/s £70k rent 495pcm.
8. 9 Memoir Grove, Rossington, Doncaster, mort.o/s £71k.rent £495pcm.
9. 39 Blaketown, Seghill, Cramlington, Gateshead, mort.o/s £78k rent £450pcm.
10. 35 Hunt Lane,Doncaster, mort.o/s £54k rent £450pcm.
11. 138 Broadway, Dunscroft,Doncaster, mort.o/s £58k rent £495pcm.
12. 36 Essex Ave, Doncaster, mort.o/s £69k rent £495pcm.
13. 172 Southfield ,Ave, Thorne, Doncaster. mort.o/s £70k rent £444 pcm.
14. 169 Broadway, Dunscroft, Doncaster, mort.o/s £70k rent.£495pcm.
15. 60 Queens Rd, Carcroft,Doncaster, mort.o/s £67k rent £555pcm.
16. 9 Bramley Court, Denaby , Doncaster, mort.o/s £60k rent £495 pcm.
For information, all are 3 bedroom , apart from, No.4 Makin St. and No.10 Hunt Lane..
All properties are open to offers, please contact for further information.
kind regards,John Mcghee
Member Since February 2017 - Comments: 30
4:20 PM, 26th June 2019, About 7 years ago
Reply to the comment left by john mcghee at 26/06/2019 – 14:36
John,
Please may I have your phone number/ email address so we can communicate privately?
Thanks
Member Since March 2017 - Comments: 38
1:38 PM, 28th June 2019, About 7 years ago
Hi Joe,
Email [email protected]
If you contact me by email l can give you my mobile number so we can have a chat.
Regards,
Joh McGhee
Member Since August 2021 - Comments: 14
12:45 PM, 3rd August 2021, About 5 years ago
Julie,
Are you still looking to sell?