What is the properties address?
-
-
-
-
-
Property checklists:
Address
Estate Agent
What are the estate agents details:
Name:
Phone:
Email:
Company:
Notes:
Date first researched
Updated research dates
Property valuation:
How much are they asking for?
What is the market value for this property?
When did it come on the market?
When did it last sell and how much did it sell for?
Has it dropped in price or had a failed sale (if so why)?
Why are they selling and if owner occupiers where are they going, when and to what sort of property?
Is it listed with more than one agent and if so then why?
Do the photos of it on the site show it unfurnished?
Is there much interest in the property?
Do the adverts state it as ‘open to offers’, ‘no onward chain’ or ‘vacant possession’?
Are there trivial points with the property that will put off other buyers (poor photos, bad smells, overgrown garden etc)?
What is the expected rent?
What is the expected gross yield in properties like this locally?
Will it reach the expected rent?
Financials:
Do we expect significant capital growth?
Is the asking price close to a stamp duty threshold?
Are there factors that lower the property value?
Comparison values (for sale)
Comparison value (sold)
Zoopla Estimates
Property details:
What is it (house/flat and rooms)
Is it freehold / leasehold (and length)?
Is there reserved parking or other parking (incl on or off road)?
Is there a garden? How large is it? Easily maintained?
Has there been an insurance claim on a property?
Would they be leaving anything?
Are there any tree preservation orders in place?
How does it compare to other similar properties on the market?
When was it last renovated?
Does it need renovating? If so what needs doing?
Electrics
Windows (double glazing / UPVC)
Door lock types
Structural issues
Dining room
Kitchen
Bathroom
Other toilets/bathrooms
Paint
Boiler type
Gas / electric
Heating type and radiators in each room
Floors Carpet –
Room for white goods
Garage
Garden
Other rooms / buildings
Any flat roofs
Is water pressure ok?
What sort of meters (economy 7)?
Any issues like knot weed, close by trees etc to lower value / cause damage?
Can value be easily be added?
Could you extend?
Could you transform an ugly exterior (pebbledash bad)?
Can you create off-road parking?
Is there potential for a loft conversion?
Could you remodel?
Is there scope for further development?
What is the credit rating in this area?
http://www.checkmyarea.com/
