Assisted Sales
Assisted Sale of Your Property
Vidazone Property Services Ltd provides you with a dedicated service, helping you with an 'Assisted Sale' whereby we can carry out a full refurbishment, or renovation work on your property, on behalf of you, the owner to achieve the best price possible.
Case Study: 2 Bed Terraced Property in Peterborough
- 2-bed terraced property in Peterborough, Cambridgeshire on the market for £150,000.
- The 2-bed terraced property has been on the market for 6 months but isn’t selling.
- The only offer received was for £130,000.
- A similar property in the same Peterborough suburb has sold for £190,000 after being renovated and having a conservatory built in the garden.
- An agreement was reached with the Vendor to renovate the ground floor, creating an open plan living space, but without adding a conservatory.
Assisted Sale
. |
Direct to Market |
Vidazone Assisted Sale |
Advertised Sale Price |
£150,000 |
£185,000 |
Agreed Sale Price |
£130,000 |
£180,000 |
Agents Fees |
£2,000 |
£2,000 |
Solicitors Fees |
£1,500 |
£1,500 |
Insurance |
£500 |
£500 |
Mortgage & Council Tax Payments |
£3,500 |
£3,500 |
Refurbishment Costs |
N/A |
£20,000 |
Net Achieved from Assisted Sale |
N/A |
£152,500 |
Vendor Achieves |
£122,500 |
£141,250 |
Assisted Sales Vs Direct to Market Sale
Net amount realised for the vendor through an assisted sale = £141,250 instead of £122,500. £18,750 more is achieved.
Scope of Work Carried Out
By renovating the interior and exterior of the property we were able to make it a more desirable property to move in to. The renovations were project managed by Vidazone Property Services and this lead to a quick sale for the Vendor.
Internal |
External |
Creating a living, dining, kitchen space on the ground floor, and introducing the supporting structures to allow the removal of two walls. |
Removing the asbestos shed roof, the shed and replacing the fencing. |
Addressing the damp in the lounge. |
Removing and replacing a lean-to utility space to extend the kitchen across the full width of the back of the house. |
Bringing the electrics up to code and introducing a modern RCD distribution panel. |
Clearing and landscaping of the garden. |
Full painting and redecoration throughout. |
Rectifying blocked guttering. |
LVT laminate flooring throughout on the ground floor. |
. |
Replacement of all carpets on the first floor. |
. |
