Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
I’m a small landlord with 2 properties, one of which has a very low EPC (it was an F last time). It has storage heaters and I’ve been told even replacing them with more modern ones, may not change this.
It’s a 2 bed, spacious, airy and light 1st floor flat, above a pizza restaurant. I have a long lease, but not the freehold. It doesn’t have gas, and I have standard storage heaters, but now I have to try and raise my EPC as the tenants are moving out, and I need to attract new ones.
There are conflicting articles on Google; some say the newer storage heaters and controls will raise the EPC, others say it won’t make any difference, and that Economy 7 is being fazed out with coal stations, so not worth the outlay?
It would be too expensive to try and bring in gas, and probably complicated as I don’t own the freehold?
Does anyone have any advice as to improve my place please.
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