Can I sell shabby flat with damp?

[Dingdong99]

I bought a flat in London in 2016 and it's massively gone down in value in that area and i paid too much for it perhaps. It's rented out but i find the whole thing quite stressful, and am actually losing money on it as the rent (after tax) doesnt cover the mortgage any more

The flat is very tired and has some damp. I'd like to sell it but i'm worried that it won't sell in it's current state, and i might lose my tenant (she's lovely so i wouldnt want her to leave unless it sells) as she'll get nervous, and i could then be left with an empty flat

Should I spend money sorting the issues like damp and the knackered kitchen and bathroom, in order to sell it? Will anyone buy a flat with damp? I cant decide what to do. Any advice or similar experiences would be appreciated

Your poor tenant - knackered kitchen, knackered bathroom, “shabby” flat and now damp too.

It will sell if you price it low enough. But I can’t really understand why you let your own asset get in this state or why you don’t feel bad for your tenant.

Despicable. I hope you get reported to the council.

You can try and sell anything, somewhere they'll be a buyer.

If you can't sell and your tenant is staying, you have to work out what's causing the damp - is it the way your tenant lives, ie not ventilating, keeping flat heated at an even temperature, or problem with the building - roof, not properly insulating, rising damp due to damp roof cause, drain problem or perhaps a leaking pipe or problem with rendering.

Where's the damp showing? If it's new, it might not be too difficult to fix. Is your tenant drying clothes inside or not ventilating? Or is it roof, gutters, penetrating damp?

Sorting that out should be your priority.