PROPERTY PORTFOLIO SALES

Sell your property portfolio with NEPI. North East Property Investment understand that managing a property portfolio can be complex and time-consuming. That’s why we’re dedicated to providing our clients with a simplified and efficient solution for property portfolio sales.

Our team of experienced professionals has extensive knowledge of the North East property market and a deep understanding of the property sales process. We use this expertise to provide our clients with a comprehensive and fully packaged service tailored to their specific needs.

Below are some frequently asked questions from people who are looking to buy and sell their property portfolios.

How to sell part of my property portfolio?

We have the capability to mitigate certain challenges associated with conventional portfolio sales. Opting to sell to a Landlord could potentially result in a 20-25% undervaluation compared to the market value. Alternatively, selling to a Housing Association may entail encountering their budget limitations and also incurring Capital Gains Tax (CGT).

You may consider a ‘We Buy Your House Fast’ type of Company. Again, their offer will be 20-25% below market value.

Selling via an auction carries inherent risks and often reduced prices way below market value, whilst also having the disadvantage of paying auction fees.

Traditional Estate Agents are great for selling individual properties but they know selling a property portfolio is a specialised niche area. It requires specialised experience personnel to deal with it effectively.

We at NEPI understand our client’s needs may differ and NEPI can provide you with a tailored service to meet your unique requirements.  There are options to review and manage a staged disposal or complete acquisition.

How to sell an investment property?

When selling an investment property, it’s crucial to plan carefully. Start by defining your goals and conducting market research to determine the property’s value. Consider tax implications and evaluate financing options. Ensure the property is well-maintained and set a realistic price. Create a comprehensive marketing plan and be transparent about any known issues. Negotiate with potential buyers and comply with all legal requirements during the closing process. Seeking advice from professionals can provide valuable insights for a successful sale.

How to acquire a property portfolio?

Investing in a property portfolio is a great way to create passive monthly income, increase cash flow, and build wealth.  It is all about numbers as the more properties you have, the bigger your monthly cashflow income, if done the right way.

There are numerous property investing strategies including deal packages, HMOs, commercial conversions, and services accommodation – knowledge is power when considering these options.

With extensive experience and guidance from portfolio landlords, NEPI provides a comprehensive solution for portfolio acquisition. We don’t stop at identifying suitable vendors or purchases. Instead, our services encompass coordinating essential works and obtaining specialized reports, ensuring a smooth acquisition process.

How do you manage the risks?

We encourage our investors to de-risk their property portfolios with several key strategies.

This may include a split of geographical area and property types as well as tenant types and longer secured lease payments.

We understand that some residential property investments may require more input to overcome challenges with properties or legal issues.

How do you manage existing Tenant when involved in the purchase of a residential letting as part of a portfolio acquisition?

We recognize that these properties hold significant meaning for tenants, as it’s their home. Our sister company, North East Property Lettings & Management Ltd (NEPLM), boasts a dedicated team of experienced Property Professionals. They excel in handling transitions from previous agents or private landlords. They promptly reach out to tenants and conduct thorough compliance reviews to ensure proper management right from the start.

How to sell my investment property?

If you’re contemplating the sale of your property portfolio, it’s essential to explore your options. While conventional methods involve selling properties individually, this approach can be time-consuming and pose various challenges. However, it’s worth noting that this route may not yield the optimal price for the entire portfolio.

Selling a rental property involves a strategic approach to maximize returns and ensure a smooth transaction.

Key considerations

1. Timing is Crucial: Assess the market conditions and choose an opportune time to sell. Consider factors like property demand, interest rates, and economic trends.
2. Tenant Communication: If the property has tenants, open communication is vital. Notify them well in advance and ensure compliance with legal requirements regarding notice periods.
3. Evaluate Financial Implications: Calculate potential gains or losses from the sale, taking into account factors like capital gains tax, outstanding mortgages, and other expenses.
4. Property Presentation: Ensure the property is well-maintained and presentable. Minor repairs and improvements can enhance its appeal to potential buyers.
5. Price Realistically: Set a competitive and realistic sale price based on market research, comparable property sales, and the condition of the rental property.
6. Consider Tax Implications: Understand the tax implications of selling a rental property, including capital gains tax and potential deductions.
7. Choose the Right Sales Method: Decide whether to list the property with a real estate agent, sell it independently, or explore alternative methods like auctions or property investment companies.
8. Legal Compliance: Ensure all legal requirements are met, including necessary disclosures, contracts, and any tenant rights.
9. Tenant Rights: Be aware of tenant rights during the sale process. Provide proper notice and ensure their rights are respected.
10. Financial Documentation: Prepare all relevant financial documents, including rental income records, expenses, and property management details, to present to potential buyers.
11. Marketing Strategy: Develop a comprehensive marketing plan to attract potential buyers. Utilize online platforms, real estate listings, and targeted advertising.
12. Negotiation Skills: Be prepared to negotiate with potential buyers to secure the best possible sale price.
13. Closing the Deal: Once a buyer is found, work with legal professionals to navigate the closing process, ensuring all paperwork is completed accurately and on time.

Remember, seeking advice from a real estate professional or financial advisor can provide valuable insights and guidance throughout the process of selling a rental property.

Why should I use North East Property Investment?

North East Property Investment and the sister company North East Property Lettings and Management have owners and staff with extensive experience in acquisitions and disposals of property portfolios.

You can feel confident that our team has resolved challenges for both acquisitions and disposals of buy-to-let property portfolios in multiple previous transactions, allowing us to get these transactions over the line and completed when other less experienced agents can increase costs and timescales.

How can North East Property Investment help?

If you are looking at selling buy-to-let properties, NEPI can help.  You will benefit from access to our vast network of investors and property professionals.  NEPI buys and sells property portfolios regularly and this guide aims to give you the benefits of our Investment Manager’s experience.

NEPI works with buy-to-let investors, property funds, housing charities, and property companies.  Regularly arranges for the disposal and acquisition of residential buy-to-let property portfolios for a wide range of clients.

Working with some of the UK’s most effective property lawyers, surveyors, and agents, we will work with you to maximise your returns and provide you with a service that is timely and reliable.

How do I contact an Investment Manager at NEPI?

Our Investment managers can be contacted at info@nepi.uk  Tel. 0191 716 1670 and can provide you with a first-stage no-obligation discussion on your requirements.