Off Market Properties in the United Kingdom
Off Market Properties are properties that are not advertised openly on the market whether that be with real estate agencies or through platforms such as rightmove or zoopla.
As a buyer, there are benefits to purchasing off-market properties. The main challenge is finding them as they are not easily searchable in typical channels.
FINDING OFF MARKET PROPERTIES IS DIFFICULT BUT EXTREMELY REWARDING
What does it mean?At SafirEstate, we specialize in off-market properties. Time is crucial when dealing with property, so why waste yours searching for off-market deals when we can do all the hard work for you? All you have to do is pick up the phone.
Off-market properties are not publicly advertised for sale. They are not listed on real estate websites or traditional marketing channels. Instead, these properties are sold through private networks, word-of-mouth, or specialized real estate agents. This exclusivity can offer unique opportunities for buyers to find properties that may not be available through conventional channels. By working with SafirEstate, you can gain access to a wide range of off-market properties that suit your needs and preferences without the hassle of searching on your own.
You are eliminating the need for a real estate agent, which can represent a significant expense when selling a property.
Estate agents tend to make things more complex – essentially, they create an additional layer between the buyer and seller, whereas in a private sale, communication is usually direct.
One commonly acknowledged aspect of purchasing or selling a property off-market is that the price is usually lower than on the open market.
Buying below market value can provide a cushion against market fluctuations and economic downturns, reducing the overall risk of the investment.
What are the benefits of investing in off market properties?
Investing in off market properties can be greatly financially rewarding due to many factors, here are just a few:
- Less competition
- Motivated sellers
TYPES OF OFF MARKET PROPERTIES
Off Market Properties come in all shapes and sizes. Off Market Properties can be found in the form of Houses in multiple occupation (HMO's), Residential Buy to Lets, Multi-unit Freehold Blocks (MUFBs), Multi-lets & Student-lets, Commercial lets and more, here are just a few examples:
Residential Buy To Lets
These tend to be normal residential houses, 2 to 3 bedrooms terrace, semi-detached, detached or flats. They are houses that are suitable for the average renter and are sometimes known as vanilla buy to let properties.
Read MoreHouses in Multiple Occupations (HMOs)
A House of Multiple Occupancy (HMO) is a rented property occupied by at least three people who are not from one household or five or more people, forming two or more households.
Read MoreMulti-unit Freehold Blocks (MUFBs)
This type of Buy To Let is a freehold block which offers multiple, separate or independent residential units. This can be a variety of different types of property such as blocks of flats or houses converted into flats.
Read MoreMulti-lets & Student-lets
This is very similar to HMO’s and even are often referred to as non-licensable HMO’s. They have many characteristics of a typical HMO but don’t require the licence, but they may still require planning permission from your local authority.
Read MoreCommercial Lets
As the name describes, this is a commercial premises and it is when you let the property out to one or more businesses. It’s often referred to as Commercial Landlord Mortgage, Business Buy To Let Mortgage or Commercial Investment Mortage.
Read MoreOur Locations
Thinking of buying an off market property, but have a specific area in mind? To give you an understanding of just how broad your property choice is, here’s the areas where we most regularly buy off market property…
- Bolton
- Liverpool
- Manchester
- Salford
- Carlisle
- Durham
- Newcastle
- Sunderland
- Doncaster
- Kingston Upon Hull
- Leeds
- Sheffield
- Wakefield
- York
- Derby
- Leicester
- Lincoln
- Luton
- Northampton
- Nottingham
- Birmingham
- Coventry
- Wolverhampton
- Cambridge
- Chelmsford
- Norwich
- Peterborough
- Brighton
- Canterbury
- Chichester
- Oxford
- Reading
- Southampton
- St Albans
- Winchester
- Bath
- Bournemouth
- Bristol
- Exeter
- Gloucester
- Hereford
- Plymouth
- Portsmouth
- Salisbury
- Swindon
Start your property journey today
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Book Free ConsultationWHY SHOULD YOU INVEST WITH US?
Invest with us to access a knowledgeable team specializing in off market property, securing discounted deals swiftly. Benefit from expert guidance for wise investments and a personalized approach that values you beyond just a number. Join us for a rewarding investment experience tailored to your success.
Why Us?Expert Industry Knowledge
Our dedicated team possesses extensive knowledge of off market property, enabling us to source generously discounted deals for your next investment property.
Quick and Easy process
With our team's expertise, we ensure a quick and hassle-free purchase process, allowing you to make wise investments and rapidly grow your portfolio.
Long lasting relationship
By choosing to buy your investment property through us, you can expect a personalized experience where we value you beyond just a number, building a lasting relationship on a first-name basis.