• AddressMaidenhead, Berkshire, SL6
  • Property TypeHouse
    Annual Rent£ 7,800
  • Tenant DetailsFemale 70's
    Last Rent ReviewNov 2013
  • AccommodationSemi detached house. Ground floor 2 rooms and kitchen. First floor - 2 bedrooms and bathroom. Outside - Garden to front and rear
    Heating/Double GlazingN/N
  • Approx Vacant Value £ 375,000
£ 250,000
  • AddressKingsgate, Kent, CT10 (UNDER OFFER)
  • Property TypeBungalow
    Annual Rent£
  • Tenant DetailsMale, early 70's
    Last Rent ReviewN/A
  • AccommodationDetached Bungalow with 2 double bedrooms, living room, dining room, kitchen breakfast toom, conservatory and bathroom. Outside has detached garage, gardens to front side and small rear garden
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 350,000
£ 175,000
  • AddressDeal , Kent, CT14
  • Property TypeSemi-detached
    Annual Rent£
  • Tenant DetailsF66 & M81
    Last Rent ReviewN/A
  • AccommodationSemi detached house built 10 years ago with double glazing and GSH. Ground Floor - Kitchen, Living/dining room, conservatory and W.C. First Floor - 3 Bedroom, on-suite shower room to master, family bathroom. Outside - Garage and OSP for 2 cars and rear garden
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 275,000
£ 130,000
  • AddressWorthing, BN12
  • Property TypeFirst Floor Flat
    Annual Rent£ 0
  • Tenant DetailsMale 86 and female 76
    Last Rent ReviewN/A
  • Accommodation2 double bedrooms, lounge/diner (with balcony), kitchen, bathroom and garage. Share of freehold.
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 225,000
£ 125,000
  • AddressAddlestone, Surrey, KT15
  • Property TypeHouse
    Annual Rent£ 4,602
  • Tenant DetailsMr 68 and Mrs 64
    Last Rent ReviewTBA
  • AccommodationSemi detached house, with 3 bedrooms, double reception room, kitchen/breakfast room and first floor bathroom, large garden and off street parking.
    Heating/Double Glazingtbc
  • Approx Vacant Value £ 280,000
£ 195,000
  • AddressCamden, London , NW1
  • Property TypeHouse
    Annual Rent£ 10,400
  • Tenant DetailsLady 72
    Last Rent Review
  • Accommodation4 storey house with 3 reception room, 6 bedrooms and 3 bathroom
    Heating/Double GlazingY/N
  • Approx Vacant Value £ 850,000
£ 625,000
  • AddressWandsworth, London, SW18
  • Property TypeHouse
    Annual Rent£ 8,580
  • Tenant DetailsMr 70 and Mrs 67
    Last Rent ReviewTBA
  • Accommodation3 bed Victorian terrace, 2 reception rooms, kitchen and first floor bathroom
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 800,000
£ 600,000
  • AddressLondon, SW18 (SOLD)
  • Property TypeHouse
    Annual Rent£
  • Tenant DetailsMr 72
    Last Rent ReviewN/A
  • Accommodation3 Bedrooms, 2 reception rooms, kitchen/diner
    Heating/Double GlazingN/N
  • Approx Vacant Value £ 475,000
£ 330,000
  • AddressSothbourne, PO10 (SOLD 2008)
  • Property TypeHouse
    Annual Rent£ 5,000
  • Tenant DetailsMr & Mrs - 60's
    Last Rent Review
  • Accommodation3 bed, detached house, 2 reception room, 2 bathrooms and large garden
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 375,000
£ 275,000
  • AddressBath, BA2 (SOLD 2008)
  • Property TypeFlat - Leasehold
    Annual Rent£ 2,400
  • Tenant DetailsMale - 60's
    Last Rent Review
  • AccommodationLGFF - One bed, reception room , separate kitchen and bathroom
    Heating/Double GlazingY/N
  • Approx Vacant Value £ 160,000
£ 115,000
  • AddressLondon, SW2 (SOLD 2008)
  • Property TypeFlat - Leasehold
    Annual Rent£ 3,400
  • Tenant DetailsMale - 70's
    Last Rent Review
  • AccommodationGFF, 2 beds, 2 receptions, small kitchen and garden
    Heating/Double GlazingY/N
  • Approx Vacant Value £ 350,000
£ 250,000
  • AddressRamsden Heath, Essex, CM11 (SOLD 2007)
  • Property TypeHouse
    Annual Rent£ 2,496
  • Tenant DetailsMr - 60's
    Last Rent ReviewApril 2003
  • Accommodation3 bed semi, 2 receptions, small kitchen and GF bathroom
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 275,000
£ 212,500
  • AddressWheatley, Oxford, OX3 (SOLD 2008)
  • Property TypeHouse
    Annual Rent£ 4,800
  • Tenant DetailsMrs - 60's
    Last Rent Review
  • Accommodation3 bed detached, 2 reception rooms, extended kitchen OSP for 2 cars
    Heating/Double GlazingY/N
  • Approx Vacant Value £ 375,000
£ 310,000
  • AddressLondon, N13 (SOLD 2007)
  • Property Typeflat
    Annual Rent£ 4,200
  • Tenant DetailsFemale - 80
    Last Rent ReviewMar 2004
  • AccommodationFFF, 3 beds, large lounge, kitchen and batroom with new 125 year lease
    Heating/Double GlazingN/N
  • Approx Vacant Value £ 170,000
£ 130,000
  • AddressLondon, E17 (SOLD 2007)
  • Property TypeHouse
    Annual Rent£ 5,200
  • Tenant DetailsFemale 67
    Last Rent ReviewJune 2005
  • Accommodation3 beds, FF bathroom, 3 receptions and kitchen
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 375,000
£ 260,000
  • AddressBournemouth, BH9 (SOLD 2007)
  • Property TypeHouse
    Annual Rent£ 5,616
  • Tenant DetailsMale 80's
    Last Rent ReviewMar 2006
  • Accommodation3 bedroom , 2 reception room and kitchen/breakfast, ff bathroom
    Heating/Double GlazingY/Y
  • Approx Vacant Value £ 275,000
£ 210,000


Info: As Sitting Tenant Brokers we list some of our current sitting tenant properties for sale across the UK on this page. You can see more of our current for sale sitting tenant properties by clicking here. You can also see some of our previous sitting tenant sales by clicking here.

Contact: Sitting Tenant Brokers | 7a – 9a Church Street, Esher, Surrey. United Kingdom. KT10 9QA | Call 0208 1331221

Please click here to return to our main sitting tenants website.

 

  • Sitting Tenants – Choosing the Correct Agent is Essential when Selling.

    May, 15 13 Post by: admin | No Comments

    1 bathwick st

    Sitting Tenants – Choosing the Correct Agent is Essential when Selling.

     

    One of the most difficult issues to take care of when it comes to the sale and investment in real estate is cases where protected tenancies are involved. When a house or a property has become the domestic residence of tenants, who cannot be evicted by the property owner, the value and investment potential of the estate drops dramatically. Also known as regulated tenancies or rent control tenancies have the right to remain in the property until death and the tenancy can be passed to family members with the same protection.

     

    Sitting Tenants and Life Tenants

     

    A sitting tenant is basically what was described earlier – a tenant of a property who is allowed to stay at the property for the rest of the duration of their lives. Many of these tenants pay a fair rent, which is a fraction of the market rent and set by the Rent Office. Other tenants, known as life tenants, do not have to pay any rent to the landlord and can also stay on the property until they die. In both cases, the property owner has no power to evict the tenants, making them difficult to sell as essentially you cannot obtain a mortgage nor can the purchaser move into the property whilst the sitting tenant is living there.

     

    What Makes Regulated Tenancies Difficult to Sell

     

    When most people decide to buy a property, it’s so they can move into the property or if you are a rental investor you would like to get a good rental yield on you investment.  As we discussed earlier a property that is occupied with a sitting tenant does not allow either purchaser to achieve their objective as you cannot evict the tenant or get a

    mortgage on the property, even if you were a cash buyer the same problems would apply.

     

    Although assured tenants pay more rent than a protected tenant they still have the same rights and also have the rent set by the rent office, which, again makes it difficult to obtain mortgage, making it difficult to sell and less valuable than a similar property that is sold with vacant possession.

     

    Why Use a Sitting Tenant Agent over Traditional Real Estate Agents?

     

    Most traditional estate agents are not familiar with the legalities that involve property with these types of tenancies with secure tenants and do not have the specialist knowledge involved in valuing the property.   Another option is to sell your property at auction but this comes with risk as the price you achieve is dependent on who is in the room bidding.  Selling through a specialist agent will help you achieve the correct value for your property.  Sitting Tenant Brokers have been selling these types of properties for over 10 years and have over 200 hundred cash buyers, including large property funds and pension funds who understand the problems associated with buying property with sitting tenants.

    If you have a property with a sitting tenant, assured tenant or a life tenant, we would be happy to discuss the sale with you.

     

    Sitting Tenant Brokers

    01932 851810