Stainbank Posted September 12, 2012 Report Share Posted September 12, 2012 Hi all, This is my first post. I have a portfolio of residential property in the N.E. of England which I am thinking of selling. I'm looking to find out if anyone has advice on the best way to do this or if, indeed, anyone here is interested in finding out more. There are seven properties in all. Regards Limey Quote Link to comment Share on other sites More sharing options...
Richlist Posted September 12, 2012 Report Share Posted September 12, 2012 1. Whats wrong with talking to local agents ?......you should be able to negotiate an attractive deal if they either market all 7 individually or market as one lot. You may struggle if you don't sell with vacant possession 2. You could approach local property auction houses for advice and costs......they are experienced with selling with sitting tenants. 3. Is there an opportunity to offer them for sale to the sitting tenants ? 4. Lots of web sites exist where you can advertise privately. I've seen portfolios sold as one lot but often that needs a significant discount or you wait around a long time for a specialist buyer. Don't forget that selling all 7 in one tax year is likely to incur a hefty capital gains tax bill.......either 18% or 28% depending on profits & other income. If they are going cheap I'm happy to rob you .....just send me a private message. Quote Link to comment Share on other sites More sharing options...
jenny19 Posted September 13, 2012 Report Share Posted September 13, 2012 Hi Limey - What are you hoping to sell them for? Just curious I'm looking to invest in the NE of England. Quote Link to comment Share on other sites More sharing options...
Alice Ford Posted August 3, 2021 Report Share Posted August 3, 2021 Hello Limey, I will buy them Quote Link to comment Share on other sites More sharing options...
Melboy Posted August 3, 2021 Report Share Posted August 3, 2021 Look at the date of the original posting Alice. 2012! You are just a tad bit late. Quote Link to comment Share on other sites More sharing options...
Richlist Posted August 3, 2021 Report Share Posted August 3, 2021 I'd be happy to buy them at 2012 prices. 😇 Quote Link to comment Share on other sites More sharing options...
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