Practical property advice
Making a sell-versus-let decision
Compare realistic sales evidence with achievable rent, ongoing management costs, maintenance reserves, mortgage commitments and potential void periods. Consider your cash requirements and whether you want the ongoing obligations of being a landlord.
Practical steps to consider
- Step 1
Obtain separate evidence-based sale and rental appraisals.
- Step 2
Allow for tax, insurance, finance, repairs and voids.
- Step 3
Decide whether you need a fully managed letting or prefer to sell.
How Hermens can help
We provide residential estate agency, lettings and property management across West London and Surrey. We can discuss an appraisal, marketing, tenant finding or management support according to your circumstances. Services and fees are agreed before instruction; legal and tax matters may require separate independent professional advice.