
Market research will help with learning what the situation is in your chosen area. Picking the right location is a huge part of successful property development and the key is to find areas just before house prices rise. Recognising the target market for buyers and sellers, such as transport links, schools etc playing a big part.
Calculating the cost of a project include the cost of renovating , arranging finance, any loan repayments, survey fees, estate agent fees etc. Working out the rental yield also need to consider tax, maintenance costs, letting agent fees.
Raising the funds by using various mortgage options such as Buy to let, Bridging loan, Residential, Commercial, Bridge to let and others.