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nomae
Guest
Hi Guys,
I'm looking for some advice on this one.
I'm in the process of selling a 2 bed apartment with great rental potential. I recently had a valuation completed for 250,000. In order to get a quick sale I put for property up for sale at 230,000 (to allow for negotiation leverage) - no viewing or more to the point, offers. I've reduced the price to what I owe on my mortgage which is 215,000. It's in a great location and the rental market is really good in the development. This apartment would easily get 950+ per month maybe more because it's a duplex with a large terrace area.
I could rent it myself, but, I just don't want the hassle of this and plus I have no experience of renting property.
My questions are:
Nomae
I'm looking for some advice on this one.
I'm in the process of selling a 2 bed apartment with great rental potential. I recently had a valuation completed for 250,000. In order to get a quick sale I put for property up for sale at 230,000 (to allow for negotiation leverage) - no viewing or more to the point, offers. I've reduced the price to what I owe on my mortgage which is 215,000. It's in a great location and the rental market is really good in the development. This apartment would easily get 950+ per month maybe more because it's a duplex with a large terrace area.
I could rent it myself, but, I just don't want the hassle of this and plus I have no experience of renting property.
My questions are:
- Is there anybody left in the market that are investing in buy to let?
- I know some estate/letting agents buy properties to rent themselves, can anyone recommend agents willing to do this?
Nomae