Selling a Duplex Flat

Duplex flats offer more space to buyers than conventional flats, but there are still some potential hurdles to know about when trying to get a fair and fast offer for this type of property.

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Your top questions when selling a duplex flat

✅ How do I know if my property is considered to be a duplex flat?

There’s no strict rule that specifies the exact definition of a duplex flat but there is a generally agreed upon view that these properties are flats divided across two connected floors. The most common scenario where this will occur is in a building that has two duplex flats that share a staircase, but there are a number of variations that can still qualify as a duplex flat.

✅ How do duplex flats differ from other categories of flats?

There are some crucial elements that distinguish a duplex flat from other types of flats, and you should learn these differences before you attempt to find a buyer for your home. Duplex flats differ from conventional flats in that the latter only span one floor, compared to two for duplex flats. They also aren’t the same as penthouse flats, which are on the top floor of buildings.

✅ Why might my duplex flat be appealing to a potential buyer?

You could find that prospective buyers view your duplex flat as having several welcome elements that increase their likelihood of making an offer to buy it. One of the main reasons is the extra space that the flat provides for the owner compared to a single-floor flat, and this in turn gives them greater flexibility in deciding how to best utilise that additional space.

✅ Why could some buyers be wary about owning a duplex flat?

Unfortunately, you could also find that certain buyers have reservations about making an offer to purchase a duplex flat, and some of these might be hard to overcome depending on the method you’re using to sell. Some buyers might worry about noise from neighbouring properties, whereas others could have concerns about having to share any outdoor space with other flats.

✅ What options do I have for trying to sell a duplex flat?

The four standard options available for selling a duplex flat, or any other type of leasehold or freehold property, are getting in touch with a quick home buying company such as LDN Properties, trying your luck with a property auction, enlisting the services of an estate agent or trying to sell without any help, and there are pros and cons with each of these choices.

✅ Will I have to pay fees when selling my duplex flat?

Not necessarily, because you can avoid paying commission entirely when you opt for selling to a no-fee quick home buyer like LDN Properties or if you sell without any third-party help. But if you choose to sell through an estate agent or property auction, they will charge you fees when your property sells, and the costs will be deducted right away from the final sale proceeds.

✅ How quickly will I be able to find a buyer for my duplex flat?

The answer depends on the approach that you choose for selling, with quick buyers being the fastest method, taking just a handful of weeks to exchange contracts and pay you the proceeds. Selling via an auction will take at least several months, and trying to sell on your own or with the services of an estate agent could take more than a year before completion.

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