Letting out house while its for sale?...

Letting out house while its for sale?...

Author
Discussion

D1on

Original Poster:

802 posts

186 months

Friday 21st November 2014
quotequote all
I currently have a house for sale, Its a 3 bedroom semi detached in a reasonable area, Its also a reasonable price.
Its been on the market since august with a few viewings but no offers, The current estate agent is useless, I have sent off my 14 day cancel notice period and having it listed with a new estate agent in a fortnight,

I do want to sell the property, However the estate agent rang last week saying how desirable this property would be to let out, Would be worth around £600 a month AND "it can be let while its still for sale". Is this an option to consider? Or would it be best just sitting a sale out?

Thanks.

D1on

Original Poster:

802 posts

186 months

Friday 21st November 2014
quotequote all
Sarnie said:
Assuming you have a mortgage, you'd need to ask their permission to do so. If they say no, you'd need a BTL mortgage......

What figures are involved?
No mortgage on it, It was part of an inheritance...

D1on

Original Poster:

802 posts

186 months

Friday 21st November 2014
quotequote all
Going to carry on with the sale then!
Already reduced it by 10%, Hopefully the new estate agent will help!



Edited by D1on on Saturday 29th November 15:01

D1on

Original Poster:

802 posts

186 months

Friday 21st November 2014
quotequote all
Simpo Two said:
Hmm, how about spending a few bob making it look more appealing? The kitchen in particular isn't helping. Think Phil & Kirsty...
After paying for a funeral not really got loads of money to throw at it,
And the property is really clean and a blank canvas, Whoever moves in will more than likely want their own stamp on it,
Its supposed to be priced accordingly, The same house up the road with a new kitchen, bathroom etc. went for £125,000 not too long ago...

D1on

Original Poster:

802 posts

186 months

Friday 21st November 2014
quotequote all
MentalSarcasm said:
I'd get rid of the photo of the "garden", or spend a weekend clearing out all the weeds so it at least looks a bit more presentable.
To be fair I have got rid of the weeds in both the front and back now smile
As will be in the new pictures with the new agent

D1on

Original Poster:

802 posts

186 months

Saturday 22nd November 2014
quotequote all
Yeah it is honest, Its a good blank canvas.
Next door sold not long before ours went on for around a £100'000, That was in a much worse state than this one...