If your property’s sitting empty and the bills are stacking up, it’s a common pain point—UK voids average 15%, costing landlords £1,000+ monthly in lost rent and maintenance. Mike Bells here, offering practical tips to help you explore a quick sell and move on. With market time over 90 days dropping prices 5-10% (Property Solvers data), now’s the time to try strategies for relief. Let’s break it down with stats and actionable ideas.
Why Vacant Properties Are a Growing Issue in 2025
Voids are rising due to regulations like the Renters’ Rights Bill and cost-of-living pressures, with 44% landlords citing this as a sell reason (PwC). In the North East, seasonal voids hit 15%, but demand from workers could flip to opportunity if sold fast—average TOM 32 days for terraces (Rightmove).
How Voids Impact Costs – The Numbers
A £150k property vacant for 3 months loses £2,250 in rent (avg. £750/month), plus £500 maintenance—total £2,750. Over 6 months, add price drops of 5% (£7,500 loss). Data from Landlord Knowledge shows voids cost £1,000/month on average.
Voids Cost Table (Based on UK 2025 Averages):
| Months Vacant | Lost Rent (£750/month) | Maintenance/Insurance | Potential Price Drop (5%) | Total Loss (£150k Home) |
|---|---|---|---|---|
| 1-3 | £2,250 | £500 | 2% (£3,000) | £5,750 |
| 3-6 | £4,500 | £1,000 | 5% (£7,500) | £13,000 |
| 6+ | £9,000+ | £1,500+ | 10% (£15,000) | £25,500+ |
5 Tips to Try for Selling Fast
- Cash Buyer Networks: Sell in weeks—no voids, no chains (House Buyer Bureau).
- Auction Routes: Quick sales for motivated—average 32 days in NE (Homesellingexpert).
- Sourcing Services: Get fair quotes hassle-free—try for no-fee options.
- Price Adjustments: Reduce 5% for 20% faster interest (Rightmove).
- Staging Hacks: Small fixes boost appeal—staged homes sell 73% quicker (HSBC).
Question: What’s your biggest void headache? Comment to share!
Ready to turn investments like this into portfolio growth? Schedule a free 30-minute strategy call with Mike Bells now—discover how we can help you secure high-yield deals and scale faster. Spots are limited, so book today! If you’re looking to sell your property quickly and hassle-free, we’re here to make it happen—fill out the form below for a no-obligation quote.