Selling a small portfolio?

Selling a small portfolio?

9:21 AM, 16th June 2022, About 2 weeks ago 10

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Dear 118 members, I’m looking for some feedback/advice on selling a small property portfolio and would like to know how members have found the process.

We have 6 flats, 1 house and a shop as well as the freeholds, all are tenanted with long-term tenants my first key question is does vacant possession make them more desirable to the portfolio purchasers or are they more appealing to them tenanted?

Have readers found them to offer a fair market price or do they behave more like the quick cash sale brigade with insulting offers? Would members advise against using them and selling them individually through an estate agent with vacant possession?
All feedback is greatly appreciated

Many Thanks, Simon

Contact Landlord Sales Agency



Comments

Neil Patterson View Profile

9:25 AM, 17th June 2022, About 2 weeks ago

Hi Simon,
We have had lots of great feedback from readers for our sponsors Landlord Sales Agency and also video testimonials if you do an article search.
I would definitely speak to them as fellow landlords they know the market best.

MO Shafiq

10:02 AM, 17th June 2022, About 2 weeks ago

Hi Simon

i'm interested in your freeholds and retail premises, if you let me have more details.
regards
Mo shafiq

JohnCaversham

10:30 AM, 17th June 2022, About 2 weeks ago

Hi Simon, just picked this up-I would also like to review your portfolio if possible?

Many thanks John
john_maynard@msn.com

Robert Gorle

10:54 AM, 17th June 2022, About 2 weeks ago

Hi Simon,
I'd be interested to have a look as well.

All the best,
Rob

Judith Wordsworth

11:44 AM, 17th June 2022, About 2 weeks ago

I sold 2 flats both not through a portfolio seller as would have lost out financially if I had done so even paying estate agents commission.
Sold 1 on the open market through an estate agent (selling commission charged) and the other to the Local Authority (no selling commission).

If any of your flat are ex-LA housing stock contact the LA as they all have budgets to buy-back previous housing stock. You do not need to have bought directly from them, I didn't.

Kent Landlord

18:40 PM, 17th June 2022, About 2 weeks ago

Reply to the comment left by Neil Patterson at 17/06/2022 - 09:25
Thanks Neil i will take a look Regards Simon

Kent Landlord

18:44 PM, 17th June 2022, About 2 weeks ago

Hi MO please send me an email with your details to jcestateslettings@gmail.com thanks Simon

Kent Landlord

19:12 PM, 17th June 2022, About 2 weeks ago

Reply to the comment left by Robert Gorle at 17/06/2022 - 10:54
Hi Rob please send me some contact details to jcestateslettinga@gmail.com thanks Simon

Kent Landlord

19:19 PM, 17th June 2022, About 2 weeks ago

Reply to the comment left by Judith Wordsworth at 17/06/2022 - 11:44
Thanks Judith i appreciate your selling advice re the estate agent, none are ex Local Authority unfortunately i will post back how i get on Regards Simon

Cheri Crosley

18:26 PM, 20th June 2022, About A week ago

My husband and I have a portfolio of seven, freehold, terraced houses in NE LIncs that we are also considering selling. All tenanted, with good tenants and kept in good repair. If there are any investors out there who may be interested please contact me. This is not a desperate sale, just a plan to decrease our portfolio a bit.

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