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Property Case Study: Not every property transaction runs smoothly…

lilian street

Open Property Group agreed to buy a vacant property in Bradford which has been subject to vandalism. This property was a burden for the owner and he chose to find buyers for problem properties.

The vendor contacted us as he wished for a quick and hassle free property sale. OPG promised an immediate exchanged and we completed on the property within the 14 day timescale the seller had requested. Once taking ownership of the property one of our local surveyors went to visit the property and discovered a window had been smashed and the locks had been tampered with. The locks had to be changed and the window replaced costing several hundred pounds which meant the property was costing money without generating income. Open property group purchase vacant property in any condition, we will take on the risks of owning vacant property which can be vandalised or subject to asset theft.

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