I am responsible, as executor of a will, for a rental property.
The tenants have been there for several years, and the arrangement has been satisfactory. They would like to continue the tenancy but I will have to put the property on the market. So my question is: can I put the house on the market with tenants in situ, and hope for a reasonable price? Is there a market for that type of deal?
[Ballpark figures: house (vacant) worth about €200k; gross rent about €12k p.a.]
The tenants have been there for several years, and the arrangement has been satisfactory. They would like to continue the tenancy but I will have to put the property on the market. So my question is: can I put the house on the market with tenants in situ, and hope for a reasonable price? Is there a market for that type of deal?
[Ballpark figures: house (vacant) worth about €200k; gross rent about €12k p.a.]