This instruction came to us after the owners had tried unsuccessfully to sell the property themselves. They acquired the building in 1984, and operated a newsagents and general store from the ground floor for 35 years. After retiring, a planning application was made to extend and convert the property to form 4 self-contained flats.
We appraised the site earlier in the year, and provided marketing advice to the sellers. They took the view that an agent was an unnecessary expense, and spent the summer being courted by buyers that contacted them directly. Fed up with abortive sales they eventually got back in touch, and let us do our thing.
The outcome should hardly come as a surprise. Lots of interest from our marketing, busy block viewings and a choice of cash offers. A sale was agreed, and promptly concluded at a premium price leaving our clients with a bigger retirement fund than they expected; even after settling our fee.
If you're thinking about selling a property without employing the services of an agent, please don't! A good agent will save you oodles of time, and the premium they'll get you will more than cover the fee you'll pay.
PROJECT ADDRESS: 48 Asylum Road, Peckham, London SE15 2LW