sell a block of flat

How to Sell a Block of Flats in the UK: Step-by-Step Guide

Thinking of Selling a Block of Flats?

Selling a block of flats isn’t the same as selling a single buy-to-let. It’s more complex — and potentially far more profitable — if done right. Whether you’re retiring, restructuring your portfolio, or just ready to exit the market, this guide explains everything you need to know about how to sell a block of flats in the UK.

Step 1: Decide on the Type of Sale

There are 3 main ways to sell a block:

1. Direct Sale to an Investor (Off-Market)
Fast, discreet, and hands-off — ideal for landlords looking for a clean exit.

2. Sell via Auction
Quick but can reduce your sale price due to competitive bidding.

3. Estate Agent or Commercial Broker
Can take longer and requires viewings, tenant coordination, and open market exposure.

At Citywide Blocks, we specialise in direct off-market purchases — allowing landlords to sell without the stress.

Step 2: Prepare Your Property

To get the best price (and avoid legal delays), make sure you:

  • Gather compliance documents (Gas Safety, EICR, EPC, HMO licence)
  • Collect tenancy agreements and rental history
  • Fix major repair issues (roof, heating, electrics)
  • Note planning permissions or refurbishment potential

Don’t worry if you don’t have everything perfect — we regularly purchase blocks with issues and help landlords get them resolved.

Step 3: Get a Professional Valuation

A block of flats is typically valued based on:

  • Current rental income (yield-based approach)
  • Market comparables in the local area
  • Condition of the building
  • Compliance and risk profile
  • Development or uplift potential

Avoid guessing or using single flat prices — block valuation is a different game. Citywide Blocks offers free off-market valuations to help landlords make informed decisions.

Step 4: Review Offers and Terms

Not all offers are equal — especially with blocks. Pay attention to:

  • Speed of completion
  • Buyer’s experience with tenant-filled properties
  • Deposit and finance status
  • Whether the buyer is factoring in refurb costs fairly

At Citywide, we make clear, direct offers with no hidden deductions or auction fees.

Step 5: Handle Tenant Transitions (if applicable)

You can sell with tenants in place — and most professional buyers prefer it.

Here’s how we make it seamless:

  • Review ASTs and payment history
  • Retain tenants where possible
  • Handle legal transfer of deposits and contracts
  • No disruption to tenants until post-completion

There’s no need to evict or serve notice unless you choose to.

Step 6: Complete the Sale

Once terms are agreed:

  • Solicitors handle the contract and legal checks
  • We liaise with your agent (if you have one)
  • Completion can happen in as little as 3–6 weeks

For larger portfolios, we can even stagger completions or assist with reinvestment plans.

Why Landlords Choose Citywide Blocks

  • Direct purchases with or without tenants
  • Fast, confidential, and off-market
  • We buy blocks across Yorkshire, Greater Manchester, Lancashire, and the North East
  • Experienced in dealing with tenant arrears, lease issues, and refurbishment needs

Ready to Sell Your Block of Flats?

Step 1: Get in Touch
Book your free, no-obligation consultation: 0113 323 0678 or complete our online form.

Step 2: Property Review
We’ll assess your block, review tenancies, and give you a realistic valuation.

Step 3: Offer & Completion
If suitable, we’ll make you an offer and complete in weeks — not months.

Sell your block of flats the smart way — with experience, speed, and zero hassle.

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