Podcast

TPP119:

A property viewing checklist you can use

When you’re viewing a property, it’s useful to have a checklist to make sure you don’t miss anything important – whether that’s to do with the area, the property itself, or the vendor’s situation.

A listener asked us what we look out for at viewings…but while we have our own lists, we’re never going to capture everything. So we’re asking for your help to put together the ultimate property checklist!

To get the ball rolling, here are our suggestions…

Before you get there

  • Rental demand
  • The discount
  • Fundamentals of the area
  • Expected market growth
  • Regeneration
  • ROI
  • Parking
  • Transport links and location

Vendor checks

  • Years left on lease and ground rent/service charge, if it’s a flat
  • Reason for sale
  • Price history / any offers

Internal checks

  • Boiler
  • Windows/doors
  • State of flooring
  • Condition of electrics
  • Signs of damp
  • Condition of the roof
  • Potential to add value
  • Has anyone else extended?

If your main plan for striking it rich involves winning the lottery, bad luck – it’s just become even more unlikely.

Better crack on with the viewings and refurbs then…

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