Home/Off-Market Property/North East/Newcastle
Off-Market in Newcastle
Before your Newcastle property goes on a portal.
For owners in Newcastle who want a sale kept quiet, a fixed monthly income or the day-to-day taken away. Three routes, one conversation and no fee to talk.
Three Routes
Your three routes.
Sell It Quietly
The discreet route. Register the property, keep it private and pay nothing on the sale. How a quiet sale works →
Let It to Us
A company let for owners who want certainty: the rent from us, the voids with us. 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 →
Newcastle
The case for going to us first
Once a board goes up, the conversation is public. Before it does, you can compare a quiet sale, a company let and full management side by side, on paper, with nothing committed. 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.
Newcastle
How the quiet sale works
The property goes on our off-market register and is introduced to investors on our list. There is no fee to you at any point; the buyer pays our fee and you will know the amount before you commit. We do not buy property ourselves and investors buy below open market value in exchange for speed and certainty.
Newcastle
Choosing between the three
A property in good repair near steady business and leisure demand tends to suit management, where the owner shares in what it earns. A tired property that needs work before anyone could let it tends to suit the quiet sale as it is.
Newcastle
A fixed sum or full management
Letting to us can carry a break clause, so the property can come back for a sale when the market suits. Many owners use a company let to bridge a slow sales market. Keeping the property and handing over the day-to-day is often a better answer than a sale. Management from 20% of booking revenue leaves the asset and the upside with you.
Newcastle
Larger properties and portfolios
A converted building with several flats works like a small block: one agreement for the building, or management of each flat with one statement for the whole. For a building with long leaseholders, the flats you own can come to us while the managing agent keeps the common parts. The lease terms set what is possible.
Newcastle
Agents with a stalled instruction
Letting agents with a portfolio landlord can keep managing the homes that suit long lets and introduce the rest for serviced accommodation or a company let.
Newcastle
Before we talk
A leasehold flat needs its lease, because some leases restrict how the flat may be let. The service charge and ground rent details help too.
Newcastle
Getting in touch
WhatsApp is the quickest way: send a message with the town and the type of property. The form on the off-market page and a call to 02477 450677 work just as well.
Also in Newcastle
Other routes for Newcastle owners.
Your Questions
Questions about going off-market in Newcastle.
Still not sure? Tell us about the property and we will come back to you.
Can I still use an agent later?
Yes. Nothing about talking to us stops you listing with an agent afterwards.
Do you take new-build units in Newcastle?
Yes. Completed units can go on a company let while they are marketed, with a break clause for a sale.
Is the monthly sum paid if the property is empty?
Yes. Under a company let agreement the fixed monthly sum is paid whether or not anyone is staying.
Can estate agents send us properties?
Yes. Introductions go through the agent and the agent keeps the client.
