Hi All, just wanted to give an update that my sale closed today with the council. All told it took around 10 months from when the tenant and I sent the initial expression of interest in. For me it has been good albeit sometimes frustrating with the slow pace, no sales agent fee, no vacant periods so rent paid right up to today which definitely compensates for the slower pace in my view. I was happy with the price, can't really say it was market value cause there was no bidding but based on what other similar units had sold for in the last 3 months it was in line with them.
Also the tenant now gets to remain in their home which is fantastic for them!