Landlords feel the heat
A couple of days ago I went to a property in Tottenham, North East London. It was a Victorian house, with a loft conversion, 4 bedrooms, 2 bathrooms and a small/average size garden for the capital. I met the owner Jackie, who greeted me by saying the place was awful. I asked her why, and she replied that it was her home until April’09, then she married and moved into her husbands house in Southend. The agency rented her house to a family, but in July 2010 the new family stopped paying the rent. It took from July2010 to now (mar/feb2011) to force the family out.
I went in and the place was shabby, curtains ripped, kitchen with doors hanging off, carpets soiled, lots of mess, the garden with a mattress and a damaged fence. I could see that the house was in a decent shape 2 years ago: polished floors, good fittings, a fireplace, a roll top bath etc. but the tenants had ruined it. I surveyed the property and put down a conservative £5000 to bring it up to rentable standards. Jackie looked resigned – she was a fed-up landlord.
We will do the work with our trusted team, she will walk away from the property with cash to start her business and still has a share in the house. In 10 years time when we sell the house that proportional stake (which in this case was 41% for her) should have risen. If you like that agreement then call us.
“YouSellQuick gave me a very good deal and helped me through the whole process.”
“I got exactly what they offered in my bank account, nothing less, no extra fees or commissions.”
We can buy your house right now, please contact us
We can give you a preliminary offer over the phone
Final offer is subject to independent RICS valuation