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How to Value a House With Sitting Tenants

Why tenanted homes sell at a discount, and how much.

How to Value a House With Sitting Tenants Commercial Property Valuation & Investment

Updated October 2026 · Fraser Bond

Valuation · Tenanted

Valuing a tenanted house

Vacantpossession value
Investmentvalue
Regulatedbig discount
Calculatordiscount
In short: A house with sitting tenants is usually valued as an investment, based on the rent and the yield buyers want, rather than its vacant possession value. Homes with regulated Rent Act tenants, who have lifetime security and fair rents, often sell at a big discount, sometimes 30 to 50% below vacant value, depending on the tenant's age and the rent. Homes with assured periodic tenants sell closer to vacant value, as the new owner can use statutory grounds. Fraser Bond values and sells tenanted homes to investors.
Tenanted value estimate
Investment value–
Discount to vacant–

A rough guide; get a formal valuation.

Frequently asked questions

Why are tenanted homes cheaper?

Buyers can't move in, and some tenants have strong protection.

Can Fraser Bond value it?

Yes.

Selling a tenanted home?

Talk to our team or get a free valuation.

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