Get your cash offer

Property Case Study: Mr and Mrs W sold a house with sitting tenants

Mr and Mrs W sold a house with sitting tenants

Mr and Mrs W approached Open Property Group in relation to selling a house in Nottinghamshire which was occupied by sitting tenants. The property was let under an assured shorthold tenancy which was holding over on a month-by-month basis.

Mr and Mrs W were looking to raise cash for their retirement, and the respective property was not providing enough income once they took into account typical landlord expenses. These expenses include landlords gas safety certificates, mortgage payments, buildings insurance, management fees, maintenance costs, repair bills and tax bills. All these costs mean that the net sum of money that a landlord receives is far less than the gross (before expenses) figure.

Open Property Group agreed a transaction to purchase the property with sitting tenants. The transaction was quick, hassle free, and completely confidential. Mr and Mrs W received the cash in their bank within the month of their initial enquiry.

Get a FREE cash offer

Sell when you are ready
Thanks for giving us your address, , . Now we just need your name, email and phone number. Edit address.

Your details

First name *
Last name *
Phone number *

Property details

Your data will be 100% protected
Or call us now on 0800 990 3939 or 0208 787 5860
properties bought and sold by our directors

average review score on the review website Feefo

7 days
or less is the timescale your property can be sold within if you wish
Get your cash offer today

We buy property directly and you won't pay any agent's fees.