Estate Agent London News

Reasons to Sell Your Rental Property in Fitzrovia

While it is technically located in the centre of London and is close to the busy capital city crowds, Fitzrovia is a unique location offering a quiet and village-like charm that makes it popular with people who want to live in London but also want to stay away from the hustle and bustle. Rental properties in Fitzrovia are highly popular with both tenants who are interested in living in this quieter area of the capital and investors looking to cash in on the rental income yields that come from this area.

Selling in Fitzrovia: Advertise House for Sale

If you own a rental property in Fitzrovia that you are considering selling, the first step is to advertise the property for sale. Where and how you advertise the property will depend on a number of factors including whether you are targeting residential or investment buyers, and if you currently have tenants in the property who will need to stay when the house changes hands. Houses and flats in Fitzrovia are currently very popular with buyers who are looking to buy a property for themselves to live in, since there has been a lot of investment in the area recently. With more pocket parks, things to do, cafes, and cleaner areas, Fitzrovia houses and flats are even more attractive to potential buyers who want a nice area to call home while working in the city centre.

Fitzrovia Advertise Property for Fast Results

To advertise your Fitzrovia property for sale and get the best results, it’s important to know your target market. There are many reasons to consider selling your Fitzrovia rental property including the fact that this area is in high demand with all types of buyers. If you have tenants that are currently renting the property, investment buyers who want a quick sale and to be able to start earning rental income from their investment immediately might be interested. On the other hand, if the property is currently empty, you may attract a range of both residential and buy-to-let landlord buyers since this is a hugely popular area for owners and tenants alike.

Apartments and houses in Fitzrovia are some of the nicest in London. Whether you have one of the fine Georgian homes here or a newly developed property, the combination of both modern and traditional properties in this area is another factor that often attracts buyers. The area is also popular for lots of great things to do including cafes, parks and more, and many families with children choose this area of London to live as it tends to be more family-friendly compared to some other areas of the capital.

How to Find a Fitzrovia Estate Agent

With most London estate agents covering Fitzrovia, there’s a lot to look out for when it comes to choosing the right one for you. Ideally, you will want to work with an estate agent that has a lot of experience with selling rental properties in Fitzrovia. If you have tenants in the property currently who are going to be staying there when the sale is completed, you should look for an estate agent that has experience selling properties to landlords with tenants in situ. This will ensure that the experience is smooth and hassle-free not only for you and your buyer but also for your tenants.

What to Look for in Fitzrovia Estate Agents

The ideal estate agent to sell your rental property in Fitzrovia will be trustworthy and reputable, with a lot of experience. You can get started with looking for the ideal estate agent by asking around for recommendations from people that you trust. Most estate agents that cover Fitzrovia are available to find online so it’s a good idea to do plenty of research into the options that you have to make sure that you’re choosing the right company.

What to Ask Your Fitzrovia Property Agent

Once you have shortlisted some estate agents that might be suitable for you, it’s a good idea to ask them a few questions to get a better idea of the type of service you will receive. Firstly, it’s important to understand what they offer and the strategies that they will use for selling your rental property in Fitzrovia. You might want to ask about the experience that they have and find out more about any previous homes in the area that they have sold and how much for. Ask about any additional services that they might offer such as preparing the property for sale and make sure that they have the necessary experience to deal with the situation if you are planning to sell a rental property with tenants in situ.

What Do Fitzrovia Property Agents Offer?

Property and estate agents in Fitzrovia offer a range of services that you will need or find useful when looking to sell your rental home. They can begin by valuing the property and may be able to offer some suggestions for improvement that will help you boost the value and put the asking price up. Your Fitzrovia estate agent should be experienced in all aspects of advertising a property for sale including the best places to list the property depending on whether you plan to sell to residential or buy to let investors.

Selling in Fitzrovia: Sell Property to Investors

As a quieter, safe area of London that makes an ideal place for professionals to live and get away from the busy city, it’s no surprise that Fitzrovia is a popular choice of location for buy to let investors. The area is often highly sought after by professionals who are looking to rent in London either on their own, with housemates, as a couple or as a family. When selling your Fitzrovia rental property, there are some main things to consider if you are planning to sell to an investor. If you’re currently renting out the property to tenants, you may want to consider selling the property with the tenants in situ, which means that the new owner agrees to continue the contract with the tenants once the sale is completed. This may be a good option if you want to get a quick sale, since some buy to let investors look for this type of property as it means they can start seeing a return on their investment immediately without the need to find a new tenant to live in the property.

Selling in Fitzrovia: Sell Flat Quickly

Flats in Fitzrovia are often snapped up as this is a popular area that many London professionals want to live in. A rental flat in Fitzrovia is likely to get a lot of attention from both buy to let investors and people who are considering purchasing the flat to live there themselves. Along with pricing the flat competitively, there are several things that you can do to get a faster sale for your rental flat including:

Advertise Extensively: Make sure that your flat for sale is advertised in as many places as possible including property search sites and apps and on social media. This is something that your estate agent will be able to help with. In addition, it’s a good idea to be as descriptive as possible with your advertisement; include several photos, videos, and a well-written description so that potential buyers have enough information to make an informed decision about viewing.

Light and Space: Preparing the flat by removing furniture and personal stamps, keeping the floors clear and decorating neutrally will not only create the illusion of a larger space, but make it easier for buyers to imagine what they’d do with it. In addition, most buy to let landlords will prefer neutral décor so having it done beforehand could encourage the sale since it means less work for them.

Selling in Fitzrovia: Sell House Quickly

Houses in Fitzrovia are popular with families and buy to let landlords alike, with rental properties popular for both house-sharing professionals and families looking to live in the city. To sell your house in Fitzrovia quickly, there are several things to do including:

Get an Accurate Valuation: Having an accurate valuation of the home can make things easier in the future, especially if the buyer has a survey carried out or a valuation of their own. While you can get a valuation from your estate agent, you may find that a chartered surveyor can give you a figure that is closer to what the bank will come up with when the mortgage valuation survey is performed.

Improve the Curb Appeal: First impressions are everything when viewing a home. Fitzrovia is known for being a quiet and quaint area of London, so it’s a good idea to create curb appeal that is in line with this. While it might not seem like much, cleaning, painting, and tidying up the outside of the property can make all the difference to how potential buyers feel when they come to view it.

Rental properties in Fitzrovia are some of the most in-demand in London. Here at Greater London Properties, we can help you get a quick and satisfactory sale. Get in touch today for advice.

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