Home/Off-Market Property/North East/Newburn
Off-Market in Newburn
Off-market in Newburn: sell it, or let it to us.
No board outside and no portal listing. Owners in Newburn can sell off-market, let to us for a fixed monthly sum or have us run the property and decide which before signing anything.
Three Routes
Three ways forward.
Sell It Quietly
Kept off the portals: the property goes on our register and is introduced to investors on our list, with no fee to you. How a quiet sale works →
Let It to Us
One lessee, one payment date: a company let in place of tenants, voids and arrears. How a company let works →
We Run It
The route most owners should start with: full management from 20%, with the property still yours. How management works →
Newburn
What a listing gives away
Owners of blocks and portfolios often want a single counterparty rather than a queue of individual buyers or tenants. An off-market conversation starts with that option on the table. Tenants often hear about a sale from the listing. A quiet route lets you plan the conversation with them first, or register the property as it is with the tenancy in place.
Newburn
Selling without a listing
We introduce your property to investors on our list, who buy below open market value for the speed and certainty they offer. You pay nothing; the buyer pays our fee and the amount is disclosed before you agree.
Newburn
Choosing between the three
Executors clearing an estate often value certainty over the last pound of price, which points to the quiet sale. Landlords tired of voids and repairs often prefer a company let, where one fixed sum replaces the uncertainty.
Newburn
A fixed sum or full management
If the property needs furnishing for serviced accommodation, that is agreed up front. A company let or management begins once the certificates and consents are in place. A company let agreement is written for the property in front of us: term, monthly sum, repairs and handback standard, all agreed in writing before anyone signs.
Newburn
Blocks, portfolios and new-build units
Where a portfolio includes tenanted homes, those suit the quiet-sale route as they are. Vacant homes can go on a company let or under management. Portfolio owners rarely use one route for every property. The strongest homes may stay under management, some may be let to us and the rest registered for a quiet sale.
Newburn
For estate and letting agents
Agents are welcome to send a postcode and a line about what the client wants. We come back to the agent about how a lease or management route could work.
Newburn
What to have ready
Where there is a mortgage, written lender consent that names the use matters more than anything else. Without it, a company let or management cannot go ahead.
Newburn
The first step
Owners, estate agents and letting agents can all send a property. Agents' introductions go through the agent, not around them.
Also in Newburn
Other routes for Newburn owners.
Your Questions
Off-market in Newburn, answered.
Still not sure? Tell us about the property and we will come back to you.
How is this different from an estate agent in Newburn?
An estate agent markets the property publicly to find the best price. The quiet route keeps it private and investors on our list buy below open market value in exchange for speed.
Can a tenanted Newburn property go on the register?
Yes. Tenanted property suits the quiet-sale route as it is.
What does management cost?
From 20% of booking revenue, on two published tiers.
Do I have to choose a route straight away?
No. You can compare a quiet sale, a company let and management before you decide.