Selling a Tenanted Property in Cambridge
Selling a property with tenants in Cambridge
Selling a property with sitting tenants may sound like a difficult prospect, but in reality it’s anything but — and that’s regardless of the location, the condition, or the time remaining on the tenancy agreement, not to mention the market.
The average house price in Cambridge was £490,000 in June 2024, similar to the revised figure for June 2023. Across the East of England, the average house price rose slightly by 1.2% over the same period. Private rents rose to an average of £1,665 in July 2024, an annual increase of 7.4% from £1,550 in July 2023. This was similar to the rise in the East of England over the year.
But whether the rents and prices are increasing, decreasing or remaining stable, we’ll still guarantee to buy your tenanted property in Cambridge.
After all, whether you’re thinking of reducing your portfolio, trying to avoid spending money on maintenance or restoration work, or simply want to relocate, there are a whole host of reasons why landlords and buy-to-let (BTL) property owners might want to consider selling a tenanted property in Cambridge. And when you do, we can help.
Because landlords and investors alike will be only too aware that trying to sell a property with tenants in situ isn’t always a walk in the park — in fact, it can be an extremely lengthy and/or tricky process.
When you sell a tenanted property in Cambridge with SellHouseFast.co.uk though, this simply isn’t the case, and you don’t need to worry about letting your tenants down, either. We will take over your tenant’s contract, so if you have happy tenants in place, they don’t need to be concerned about eviction.
How SellHouseFast.co.uk works
You know, and we know, that Cambridge is a great place to live. Census data shows that between the last two censuses (held in 2011 and 2021), the population of Cambridge increased by 17.6%, from just under 123,900 in 2011 to around 145,700 in 2021. This means Cambridge’s population saw the largest percentage increase in the East of England.
But even so, there are a lot of steps involved in selling property the usual way. You have to deal with potential buyers looking around, sometimes at short notice. Then you have to haggle over price, wait for mortgage providers to give your buyer the go-ahead, and argue with estate agents who won’t give you a straight answer. There’s a reason people say moving house is one of the most stressful things you’ll ever do — not to mention incredibly time-consuming.
Want to sell a house fast in Cambridge? SellHouseFast.co.uk is the answer. With us, none of those things are a problem — we buy any property for cash.
Here’s how it works:
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1You get in touch and tell us about your property
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2You receive a cash offer
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3We come to a final agreement
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4Legal work is carried out
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5The cash arrives immediately upon completion
All you have to do is use our simple form to tell us some basic info about your property. Our experts will get to work putting together a competitive cash offer for you. Then, if you accept, we’ll take care of everything else. Nothing could be simpler.
Essentially, this is an efficient, personalised route to sale that revolves entirely around getting you a sale for your property, fast. If you need a fast house sale in Cambridge, we can help.
Selling property with tenants in Cambridge
I need to sell a property to reduce my buy-to-let portfolio
There are estate agents that specialise in buy-to-let properties, but they won’t be able to help you at the drop of a hat, you’ll need to get in the queue. You can use a standard estate agent if the property is vacant, but again, there will be a wait.
By contrast, we can have the whole process completed — and the money in your account — within a week. No waiting around, no stress, no fuss. Just a straightforward, easy transaction.
I need to sell my property to avoid paying for maintenance and repairs
We can help you with that. When you come to SellHouseFast.co.uk, you get an instant cash offer, and can have money in your account within a week — so you no longer have the burden of a tenanted property and can spend your money as you please.
I need to sell to avoid repossession
Why sell a tenanted property in Cambridge?
At SellHouseFast.co.uk, we understand that each situation is unique and comes with its own set of challenges. Here are some common scenarios where our quick, hassle-free service can make a real difference when you’re selling a tenanted property:
Retirement
Repossession
To get rid of the hassle
To reduce a buy-to-let portfolio
Spiralling costs
Divorce
Chain breaks
Poor property conditions
The benefits of selling a tenanted property in Cambridge
Now, we’re not ones to blow our own trumpets, but we do want to give you the full picture. So, when you come to SellHouseFast.co.uk, you get:
Transparency and honesty
Efficiency
Personalised, friendly service
Why selling a tenanted property fast is a winning move — the data
While it’s true that the property market is filled with uncertainties, here are some eye-opening stats that highlight the importance of a service like SellHouseFast.co.uk, particularly when it comes to selling a house with tenants:
- In 2023, approximately 300,000 property sales fell through due to various complications. That’s 35% of all sales. This staggering figure shows the uncertainty and frustration faced by many sellers.
- Selling a property with tenants can reduce its value by 20-40%, depending on the tenancy type. This is because most buyers want a vacant property, therefore attracting viable buyers can be lengthy and difficult.
- 230,000 buy-to-let mortgages will reach the end of their fixed rate deals during 2024. This means finances are only going to get tighter for thousands of landlords.
- 37% of buyers were gazumped in 2023. That’s a lot of derailed plans and wasted time and effort.
- 26,315 properties were repossessed in 2023. A quicker sale can help avoid repossession.
- In 2023 it took 183 days or 6 months for the average property sale to complete.
These statistics reveal the realities for many landlords, and those thinking of selling a tenanted property. It’s why SellHouseFast.co.uk has perfected a swift, dependable solution that allows you to avoid the frustration and costs of selling a property with tenants the traditional way.
Selling a tenanted property in Cambridge FAQs
If you want to sell your Cambridge tenanted property fast, but aren’t sure where to start, just get in touch. Our friendly, knowledgeable team are more than happy to answer any questions you might have, and help you make the first step to a fast property sale in Cambridge.
But as well as harnessing the latest market intel, we use local experts and qualified surveyors, all of which helps us arrive at a fair price. This data-driven, expertise-led approach guarantees that you get the best possible price when you sell a tenanted property to SellHouseFast.co.uk.
What’s more, we buy any home in the UK. That means we buy any house, we buy any flat, any bungalow, and ultimately we buy any property of any kind and any location in the UK.