Sell Your Rental Property

Prime Property Auctions makes selling your rental property fast and stress-free. Whether you own a buy-to-let property or a larger property portfolio, we’ll buy your rental property fast, even with sitting tenants. Skip estate agent fees, receive an offer and complete the sale within 14 days, guaranteed. 

Sell your rental property to Prime Property Auctions, avoid complicated paperwork and enjoy a guaranteed cash offer in 28 days’ time.

We Buy Rental Properties in England: Explore Our Steps To Selling Yours

Whether you’re selling a tenanted or empty property, you can count on us for a trusted transaction that leaves you stress-free every step of the way.

Follow our simple 5-step selling process to understand your options, manage paperwork and get the best sale for your property.

Step 1: Arrange a Free Valuation for Your Buy-to-Let Property

We assess your buy-to-let or tenanted property to help understand its true value. Taking council tax, rental income and portfolio factors into consideration, we guide you on the capital gains tax implications of selling your property.

Unlike other buyers, expect no estate agent fees and no obligation with Prime Property Auctions. Instead, expect clear, professional advice to help you decide the best way to sell your rental property fast.

Step 2: Discuss Your Tenanted Property & Sitting Tenants

We talk through your tenancy, rent details and landlord requirements. During our valuation, we assess your property’s value and discuss planning viewings if needed.

Step 3: Receive a Guaranteed Offer from Prime Property Auctions

Our professional team provides a clear, fair-market offer for your property. This presents an opportunity to review it with your financial advisor and make a confident decision before selling your property.

Step 4: Review & Accept Your Offer

All parties receive the information required to reach an agreement. Decide to proceed, achieve a 14-day sale and benefit from all legal and clear-out costs covered by Prime Property Auctions.    

Step 5: Complete the Sale Quickly

Throughout the sale, our professional team keeps you informed and up to date. Enjoy a quick, simple property sale, receive your money securely and finalise the transaction with confidence in just 14 days.

Why wait if you’re in a rush to sell your rental? Follow our entire process, get a direct cash offer and enjoy a fast 14-day guaranteed sale with legal fees covered.

FAQ’s Selling Your Rental Property

Explore answers to common questions about selling your rental property for a profit.

What tax will I pay if I want to sell my rental property for cash?

If you sell a house you own property in that’s not your main home, you may need to pay Capital Gains Tax (CGT) on the profit. 

The tax is calculated as a percentage of your gain. The rate you pay depends on your earnings and whether the sale pushes you into a higher tax bracket. You’re only taxed on the profit after deducting what you paid for the property and any allowable costs.

How can I minimise the Capital Gains Tax (CGT) bill when selling a tenanted property?

As a landlord, you can lower your Capital Gains Tax bill by using your annual CGT allowance and deducting solicitor costs from your gain. If your property was your main house at some point, Private Residence Relief might cut your tax bill too.

For those with a larger property portfolio, selling via a limited company can shift tax from CGT to corporation tax. By doing that, you’re bringing more of your yield home rather than handing it to HMRC. Instead of paying up to 24% on gains, you could pay less tax.

Can I sell my rental property with sitting tenants?

Yes! If the house has sitting tenants, the tenancy transfers with the sale, and the new owner becomes their landlord. Selling with tenants can speed up completion and avoid a void period, so your rental income keeps flowing through the deal.

That said, you must transfer all paperwork correctly, including the tenancy agreement, tenant info and safety certificates, to the new owner before completion.

Why sell a rental property with Prime Property Auctions over an estate agent?

Selling your rental property with us gives landlords a faster, more predictable route than the open market sale you’d face with an estate agent. Instead of viewings, delays or buyers who lose interest, you get a direct buyer and a guaranteed completion timeframe.

You benefit from:

• A guaranteed cash sale in 14 days

• No estate agent fees

• All legal fees covered

• Clear-out support up to £5,000

• A direct cash buyer

• A straightforward selling method

This approach helps landlords achieve a predictable outcome without office meetings, back-and-forth calls or estate agent delays.

Whether selling a tenanted property or reducing mortgage exposure, you can reinvest in opportunities that have performed well in recent years. This simplifies and speeds up your sale.

How are costs like early repayment charges (ERC) on a mortgage treated when selling rental property?

When selling a rental house, any outstanding mortgage may incur an early repayment charge (ERC), calculated as a percentage of the balance. This cost can reduce your net income from the sale, so it’s wise to plan ahead and discuss the impact with a financial advisor. 

Factoring in ERCs helps landlords protect their investment and maintain rent flow when selling part of a portfolio. It also supports informed investing decisions.

As a buyer, what should I check when buying a tenanted property at auction?

When purchasing a tenanted property at auction:

• Check the tenancy terms, current rent and how much the tenants pay.

• Understand the sale conditions, the price and whether you can earn rental income immediately.

• Review any viewings, research the market and assess the investment potential.

• Consider interest rates and recent performance to make informed investment decisions aligned with your property goals.

Sell quickly today! Need more information about selling a rental property? Contact us online or call 0141 673 8059. Our friendly team will be happy to answer your questions.

Why Choose Prime Property Auctions To Sell Rental Property Fast? 

At Prime Property Auctions, our expertise with tenanted and empty properties, plus a proven track record, gives you the best chance of a fast, effective sale. So, when you sell your rental property to us, you’re choosing a team that delivers results you can count on. 

Whether reinvesting, rebalancing your portfolio or leaving landlord life, we remove delays, avoid market uncertainty and keep your rental income flowing smoothly throughout the sale. We can even introduce you to a solicitor during the process to make the paperwork simple.

Put your property sales in professional hands with Prime Property Auctions. Sell your rental property today!