Selling Property Near A Petrol Station
Trying to sell a house close to a petrol station can present some challenges, but it’s still possible to have a buyer make a quick and competitive offer.
Your top questions when selling a property near a petrol station
✅ What does it mean to sell a home near a petrol station?
There is no strict geographical definition for when a leasehold or freehold house, flat or other residential property is considered to be near a petrol station. But if you are able to see the business from your home, particularly if you on the same street as the petrol station or within a few hundred feet from it, then buyers will see your property as being near the business.
✅ Are there any reasons why buyers may want a property by a petrol station?
Some buyers may see living near to a petrol station as being very convenient, particularly if they need regular access to the business to refuel their car for travel. These same buyers might look favourably on owning a home close to a petrol station if the business also sells food and other items, because this can make it very convenient for buying essentials for their house or flat.
✅ What problems may I have in selling my home near a petrol station?
Unfortunately, many buyers could have a range of concerns about making an offer to purchase a home located near to a petrol station. Some prospective buyers might worry about air pollution, noise and traffic associated with the business and the many cars using it. Other buyers might worry about how living so close to a petrol station could harm their health.
✅ Can a buyer get a mortgage to purchase a flat or house close to a petrol station?
Possibly, depending on several factors such as the proximity of the petrol station to the property, whether there are any pollution problems from the business that are negatively affecting the home and other issues. Mortgage lenders may be wary about approving a loan to buy your property if they fear that it will be hard to resell the home at a profit if necessary later.
✅ What is the swiftest method to sell a home near a petrol station?
Often the fastest option for selling any type of property, including those located close to petrol stations, is contacting a quick home buyer like LDN Properties, because they have the ability to complete the purchase within a handful of weeks. The other methods of selling on your own, selling at an auction or selling with an estate agent can all take at least several months.
✅ Will l I need to pay fees when selling my property located by a petrol station?
Not if you opt for selling your leasehold or freehold home to a genuine no-fee quick buyer such as LDN Properties, or you sell without the help of a fee-charging third party. But if you decide to seek a buyer through an auction or an estate agent then you will need to pay them commission for selling your home, and this fee will be subtracted right away from the final sale proceeds.
✅ How do I know I can trust a quick buyer with the sale of my home near a petrol station?
You can ask individual quick buyers to prove that they are registered with an independent entity known as The Property Ombudsman (TPO), which writes rules that all members must follow that are designed to guard homeowners against falling victim to fraud in the industry. Never sell your home to a company that cannot show it’s a TPO member, as it could be a scam.
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