Hi,
Looking for some extra advice on options on selling my property (I've been doing some research, and have got some good knowledge so far reading this forum - thanks!).
Property is currently rented out and I am living abroad with not that many opportunities for getting back to UK. I have no real rush to sell, but am looking at building a portfolio in my current country and see the equity in UK flat as an option to fund that.
Would be grateful for any extra knowledge/experience from people on here of options I might have missed and/or pitfalls I could come across.
Many thanks!
//Kippis
Property: 2 bedroom ground floor flat in dockside development on west side of Bristol city centre (about 10 years old now).
Status: Currently rented unfurnished through a letting company with tenant in place (i.e. I have fixed monthly contract with agency who then rent out in a normal manner).
Value: As per market.
Rent: no relevant figure to hand as value I get is clearly at a discount to that which the letting company rents out at.
Timeline: Thinking of late summer 2008
Options so far:
1) Keep Property (preference is not to) a) renting out / re-mortgage b) take out mortgage in current country c) Rent out myself 2) Sell through estate agent (basis for above late summer timeline) 3) Sell privately 4) Sell BMV (quicker, not best return) a) to a company b) to an individual 5) Auction (not interested in this approach) 6) anything else???
