Buying and selling for yield
Manchester city centre is one of the most active buy-to-let markets in the country. We work both sides of it.
Many of the flats we sell are owned by investors, and many of our buyers are investors too. That means we know what a yield-focused buyer looks at, what they will pay for a flat with a good tenant in place, and when vacant possession will get you more.
Whether you are selling one flat or several, or looking to buy, we will give you a straight view of the numbers.
Ways we can help
- Selling with a tenant in place Marketed to investors with the tenancy, rent and payment history set out clearly, so the tenant stays and the income continues through the sale.
- Selling with vacant possession Timed around the end of a tenancy so the flat is empty for as short a time as possible, and presented for owner-occupiers who often pay more.
- Selling several flats One at a time or together, in one building or across several. We will advise on order and timing so you are not competing with yourself.
Selling with a tenant
Tenanted sales without the guesswork
Most tenanted sales stall in the same place. The buyer's solicitor asks for the tenancy agreement, the rent history, the deposit registration and the safety certificates, and a fortnight goes by while someone digs them out.
Ours don't, because every tenancy we sell already lives in Xelio, the platform the whole business runs on. The agreement, every rent payment, the deposit and each certificate with its expiry date are in one place, so the complete pack goes to a buyer before they offer rather than after.
They know exactly what they are buying, the offer they make is one they stand behind, and the sale does not unravel at enquiries.
Ours don't, because every tenancy we sell already lives in Xelio, the platform the whole business runs on. The agreement, every rent payment, the deposit and each certificate with its expiry date are in one place, so the complete pack goes to a buyer before they offer rather than after.
They know exactly what they are buying, the offer they make is one they stand behind, and the sale does not unravel at enquiries.
Investor questions
Will selling with a tenant reduce my price?
Sometimes, sometimes not. In buildings where most buyers are investors, a good tenant can add value. Where owner-occupiers dominate, vacant possession usually achieves more. We will tell you which applies to yours.
Do you only sell flats you manage?
No. We sell for any owner, whoever manages the property, and we will work with your current agent to make the handover to a buyer straightforward.
Can you help me buy?
Yes. Register as an investor and we will send you suitable flats as they come up, including tenanted ones that never reach the portals.