Selling Flat Without A Lift
If you’re thinking of selling a flat without a lift, we have written a useful guide discussing the steps to take.
Your top questions when selling a flat without a flat
✅ Which properties are those without a lift?
If you are the owner of a leasehold or freehold flat that is not on the ground floor of a building and it can only be accessed by walking up steps, this is considered a walk-up flat. These properties do not have a passenger lift on site, and this factor can sometimes make it harder to attract an offer from a buyer, although it will not be impossible to sell your home.
✅ Why are flats that don't have a lift seen as harder to sell?
One of the main reasons why a walk-up flat can be more difficult to sell than a unit in a building with a lift is the potential access problems. It can be much harder to bring furniture into a flat without a lift, and if someone with mobility issues is interested in potentially buying your unit, the lack of any way to get a wheelchair up and down to the flat could be a dealbreaker.
✅ Are there any reasons why buyers might want a walk-up flat?
Even if your flat is in a building that does not have a lift, you might still find it possible to attract interest from some buyers. For example, if you own the top penthouse unit in the building, you’ll find that there are a few people who are primarily looking for this type of property. Also, if access only requires walking up a few steps, the lack of a lift might not be a major factor.
✅ Can I sell my walk-up flat as is even if it has a structural problem?
Yes, even if your flat without a lift is suffering from a structural problem such as damp, dry rot or anything else, you don’t have to spend any time, effort or funds on fixing the issue before attempting to sell the unit. Instead, contact a quick home buyer like LDN Properties because they are experts at making fair and fast offers to buy homes as is in their current state.
✅ What steps can I take to get my flat without a lift ready for sale?
There are several low-cost or zero-cost actions you can take to make your flat more attractive to buyers, including cleaning all of the rooms in the property and removing any clutter, because this will make the flat appear larger and worth more to buyers. Outside of the flat you can also take steps to improve its appearance, for example giving window ledges a new coat of paint.
✅ Which methods of selling my walk-up flat will require that I pay fees?
If you sell your walk-up flat through an estate agent or at a property auction, these methods will charge you commission that will be deducted right away from the eventual sale proceeds, which will add to your selling costs. But if you sell on your own or you sell to a zero-commission quick home buying company then you will not have to pay any fees and get to keep the full proceeds.
✅ What is typically the fastest method for selling a flat without a lift?
Your speediest choice will usually be selling to a quick buyer like LDN Properties, as these companies have the financial ability to purchase homes immediately and complete all of the required steps, including the exchange of contracts, within a few weeks. Selling on your own, via an estate agent or at an auction can all take many months or sometimes even longer.
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