Tenanted property
A let property brings tenancy agreements, notice periods, and buyers who often discount for hassle. That can slow a traditional sale or push you toward auction investors.
A let property brings tenancy agreements, notice periods, and buyers who often discount for hassle. That can slow a traditional sale or push you toward auction investors.
We buy select tenanted houses in our areas when the legal position is clear. We are cash buyers using our own funds, not brokers listing your lead elsewhere.
Our offer will usually sit below open-market value because we take on tenancy risk, management handover, and any compliance work the property needs.
1
Share the tenancy type, rent, deposit protection, and whether the tenant wants to stay. We need your solicitor to confirm what can be sold with the tenant in place.
2
We inspect with proper notice to the tenant. We are not surveyors for mortgage lenders; we assess condition and practical issues for our purchase.
3
We explain whether we would buy with the tenancy continuing or after a managed handover. The written offer sets out assumptions so nothing is vague later.
4
Landlord and tenant notices must be handled by your solicitor. Completion follows searches and both sides' conveyancers, not a marketing timetable.
Every route has trade-offs. Cash offers from Wynne Estates are usually below open-market value; we set that out before you choose.
Pros
Cons
Pros
Cons
Pros
Cons
Reviewing the tenancy
Allow time for your solicitor to confirm assignment or vacant possession routes. We do not shortcut statutory notices.
Offer after visit
Once we understand rent, arrears, and condition, we send a written cash offer. You can reject it without cost.
Completion
We aim to complete as quickly as the solicitors and searches allow. We'll give you a realistic date once both conveyancers have reviewed the file.
If our visit shows more work or issues than we expected, we may revise the written offer and explain the change before you decide whether to accept.
Only when the tenancy and title work for a cash purchase. Sometimes vacant possession is simpler; we will say which route we can support.
We handle the property after completion as the new owner. The sale is to us, not a management franchise.
We need full disclosure. Arrears and disputes affect our offer and may mean we cannot proceed until they are resolved.
Tell us about the property. There is no obligation to accept. Wynne Estates Limited is not a member of a property ombudsman scheme.
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