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Damian P

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Posts posted by Damian P

  1. Hi Frank,

    it looks like you've done some great research there!

    Whilst I don't think you need to do more research you could consider using market growth data, that looks at recent sales, such as:

    1.  https://landregistry.data.gov.uk/app/ppd

    2.  https://www.zoopla.co.uk/house-prices/ls1/

    3.  https://www.rightmove.co.uk/house-prices/ls1.html?country=england&referrer=landingPage&searchLocation=LS1

    However, in terms of fundamentals - as favoured by Rob & Rob - what are public transport links like?  For example, I know only some of those postcodes will include a train station.  But - no doubt - one of the projects the new Mayor of West Yorkshire will want to quickly progress is the much talked about Leeds tram system.  So, if you are looking to hold and seeking strong capital growth you may want to target likely tram locations.  

    All the best,

    Damian

  2. Hi Adam,

    In respect of finding good builders, other possible options can include:

    • asking local letting agents - especially as part of a conversation in building a rapport to select a future agent for your property (if you are using one)
    • attending property networking events for your target area and asking people to recommend builders
    • scanning social media property development posts that hashtag your target area 

    All the best,

    Damian

  3. HI James,

    reading between the lines I suspect you are possibly looking to invest outside of your home area.  If this is the case or you are simply too busy to be able to visit site every week then I recommend the following:

    • to consider appointing a project manager who can attend site regularly - if someone is not onsite every/most weeks and available on the end of a phone on a daily basis then your risk your builders prioritising other projects they may have over yours - which will quickly mean more time and more costs for you and less profit or worse a loss!.  
    • alternatively, you could agree a profit sharing scenario with your builder to keep them incentivised

    In respect of finding good builders, other possible options can include:

    • asking local letting agents - especially as part of a conversation in building a rapport to select a future agent for your property (if you are using one)
    • attending property networking events for your target area and asking people to recommend builders
    • scanning social media property development posts that hashtag your target area 

    All the best,

    Damian

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