We buy blocks of flats. Vacant, let, half-let or in trouble.
Property Sauce buys residential property across England for its own account. No chain, no lender panel, no renegotiation on the steps. Tell us what you have and you will get a straight answer within days.
What we buy.
Mostly blocks. The condition and the paperwork change the price, not whether we are interested.
Blocks of flats
Purpose-built or converted, freehold or long leasehold, from a handful of units upwards, anywhere in England.
Converted buildings and HMOs
Houses in flats, licensed or unlicensed HMOs, mixed-use with residential above, and buildings part-way through a conversion.
Tenanted and part-let stock
Sitting tenants, arrears, periodic tenancies and difficult files are normal to us. We take the tenants on and manage them properly.
Distressed and disrepair
Fire safety failures, outstanding enforcement, cladding, damp, dated services, empty for years. We price the works in and get on with them.
Receivership, probate and insolvency
Receivers, executors, administrators and lenders needing a clean exit, on a timetable, from a buyer who will not fall over.
Small portfolios
A landlord's whole holding across one town or several, bought in one transaction rather than sold off one at a time.
Our money, our decision, our timetable matched to yours.
We are not sourcing for a client or waiting on a fund committee. The person you speak to can say yes.
How a sale to us works.
Five steps. Most of the time is spent on the legal work, not on us.
Tell us about it
Address, what it is, how it is let, what is wrong with it and what you need from the sale. A phone call or a paragraph is enough to start.
Indicative figure in days
We look at the rent roll, the condition and the title, and give you a number and the assumptions behind it. If it is not going to work, we say so.
Visit and offer
One visit, then a written offer with the timetable you asked for. The figure does not move unless the building turns out to be different from what we were told.
Exchange
Our solicitors are instructed the day you accept. We exchange as fast as your side can, with a deposit paid.
Completion
On the date you need. Tenants are written to the same day and management starts immediately.
Agents, receivers and solicitors.
If you act for a seller, we are a buyer you can put in front of them with confidence.
Proof of funds
Available on request, before an offer is relied on, from our bank or solicitor.
Do you pay introduction fees?
Yes, on completion, on terms agreed in writing before we view. [Fee terms to be confirmed by Damian before launch.]
Will you buy at auction or pre-auction?
Both. A pre-auction offer from us means the seller gets certainty without the auction risk; if it goes to the room, we will be in it.
What about the tenants?
They stay, on their existing terms, and are managed by us from completion. We do not buy to empty a building.
Send us the address and the rent roll. You will have a figure within days.
Confidential, no obligation, and a straight no if it is not for us.