How to sell a desirable property with an undesirable history

desirable property

Every so often you may come across a bargain as you browse properties online. This could mean it’s a desirable property with an undesirable history…

A desirable property listing like this can be down to a number of factors – such as location, condition or even the layout of the property. However, every so often we come across properties on the market which are a bargain for a far more sinister reason.

The Telegraph have reported that a property – which used to belong to Dennis Nilsen, the murderer of at least a dozen victims through the 1970’s and 1980’s – is now on the open market with multiple agents in the hope of speeding up the sale. The property is a 2 bedroom flat located in Willesden Green, nestled within the NW2 postcode of London – and is believed to be the location of many of the murders.

So how would you go about selling a property like this? Well, this particular property is on the market with a significant discount – listed at £499,950, whilst the average value of the other properties on the same street is £655,949 – though this is a Zoopla estimate and offers no guarantee that the property will sell.

At the time of this blog being published, the live survey taking place on The Telegraphs website shows that 49% of readers still would not consider purchasing the property regardless of the discount. This is compared to a mere 28% who voted that they would make an offer at the discount, and 23% voted that they would discount if the discount was larger.

It is clear that despite a complete overhaul of the properties décor and appearance, even years later a properties history can still prove difficult to scrub off. This can affect buyer’s confidence, and even in a market as strong as north London, that can mean a lot of uncertainty as a seller. Selling at a large discount on the open market does seem to be enough to entice some interest, though in other markets it is not always that simple.

At Quick Move Now, we offer an alternative option to simply ‘hoping’ that a property will sell on the open market. We can offer a guaranteed cash offer for a property within a few days, and ensure that we can purchase in as little as 7. This is because we don’t rely on mortgages or investors to purchase property – we simply use our own cash funds. This means that you can relax knowing that you are going to complete on the sale at a time which suits you.

We pride ourselves on not ruling out any properties within England and Wales – and will always do our best to give our customers this vital option, regardless of the properties history!

Looking to sell a house with an undesirable past? If your properties nightmare past has become your nightmare of the present, then please feel free to get in touch with us on 0800 068 3366 or simply complete our online estimate form to receive your free, no obligation cash offer for your property.

This content was written by Quick Move Now
Published on 13th November 2015
Last updated on 15th August 2018

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