Buy to let online communities - sell my rented property

[qureshia]

Does anyone know of any buy to let online communities?

I own a 4 year old house in Hertfordshire, which I rent out but would like to sell – rather than go through the ormal estate agent route I wondered if there was any way to get in touch with Landlords direct ?

The house is currently let out (STTA) and the occupiers are keen to stay on for at least the next 9 months, so it would be a hard to sell anyone other than a landlord.

thanks

[M400 NBL]

You could try www.landlordzone.co.uk/forums

The problem these days is that it is difficult to yield >5% so you might want to consider marketing to potential owner occupiers as well as investors...ie use an EA or one of the online £99/ad webwites.

Best of luck.

[hornet boy]

You could also try: http://www.landlordtrader.co.uk/

[qureshia]

thanks for the hints

I get £1,500 a month and reckon it worth about £340k (EA thinks more - but then they always do) It has been a good house to me - i lived it for 3 years - then rented for last 18 months (both times it has rented within 3 weeks)

Being new the maint costs are tiny so i guess the yield is about 5.3% - also the house is in the south east and therefore capital gains has been marginal for the past 4 years - meaning it is not really part of the housing price bubble (i think it has gone up by the equivalent of 4% a year)

Wife wants us to do up our new house and therefore time for me to sell.

[M400 NBL]

qureshia said:

thanks for the hints

I get £1,500 a month and reckon it worth about £340k (EA thinks more - but then they always do) It has been a good house to me - i lived it for 3 years - then rented for last 18 months (both times it has rented within 3 weeks)

Being new the maint costs are tiny so i guess the yield is about 5.3% - also the house is in the south east and therefore capital gains has been marginal for the past 4 years - meaning it is not really part of the housing price bubble (i think it has gone up by the equivalent of 4% a year)

Wife wants us to do up our new house and therefore time for me to sell.

I take it realise that you won't be liable to capital gains tax - if you sell within 36 months of moving out.

It is a HMO? Or do you have a long outstanding tenancy agreement?

[M400 NBL]

hornet boy said:

You could also try: http://www.landlordtrader.co.uk/

Looks like a decent website.

[qureshia]

[quote=M400 NBL
I take it realise that you won't be liable to capital gains tax - if you sell within 36 months of moving out.

It is a HMO? Or do you have a long outstanding tenancy agreement?


[/quote]

it is a short term tenancy agreement (6 months - will roll over another 6 in feb unless I give notice)

Edited by qureshia on Saturday 24th November 22:42

[qureshia]

House was supposed to fund children's uni fees/ pension etc however would like to sell quickly to fund F430/ gallardo etc

ssshhhhh got to go mrs just walked into my office

Edited by qureshia on Saturday 15th December 20:58