The Most advantageous Rural Property assessment and evaluation checklist
This is the protocol we use to find, assess, evaluate, and prepare the acquisition of the real estate for the projects we work on. Within this stage, that usually takes around 3 months, we collect data and interpret it to make judgments or decisions.
It is arranged as a check-list to break down the process into clear steps: check the location, understand the property’s history, review legal details, inspect infrastructure.
Save it
and use it.
The appropriate properties short-list created
☐ Find as much initially appropriate properties as possible: search extensively regional estate agents sites and specialized estate listing websites (AddLand, OnTheMarket); get on friendly terms with agents specializing in unusual properties; go to the area of interest to talk to locals and visually check out advertisements
Area Analysis
☐ Transport accessibility: How easy is it to reach the property, especially in different weather conditions?
☐ Geographical, climate, urbanisation and biodiversity research
☐ Local Amenities: Look into nearby schools, hospitals, shops, and other essential services
☐ Area development plans: we don’t want an autobann besides the property
☐ Protected Areas: Parts of rural England are protected due to historical or natural significance, potentially limiting development (e.g.,National Parks)
☐ Local community and tourist flow
☐ Trends: Look into property market trends in the UK, particularly for rural areas, to understand whether property values are expected to rise or fall
☐ Geographical, climate, urbanisation and biodiversity research
☐ Local Amenities: Look into nearby schools, hospitals, shops, and other essential services
☐ Area development plans: we don’t want an autobann besides the property
☐ Protected Areas: Parts of rural England are protected due to historical or natural significance, potentially limiting development (e.g.,National Parks)
☐ Local community and tourist flow
- Local specific and character features
- Tourist trends, routes, activities and important facts, like the biggest amount of Michelin restaurants in Lake District for example
☐ Trends: Look into property market trends in the UK, particularly for rural areas, to understand whether property values are expected to rise or fall
Property history and background uncovered
☐ History of buying: like the price dynamic for the property and duration of former ownerships
☐ Land Registry: Ensure the land is registered properly. The UK Land Registry holds details about most of the registered lands. Confirm the property's boundaries and any potential disputes
☐ How the property looks at different times of the year
☐ Land Registry: Ensure the land is registered properly. The UK Land Registry holds details about most of the registered lands. Confirm the property's boundaries and any potential disputes
☐ How the property looks at different times of the year
Insider research undertaken
☐ Local Community survey: societies by interests, standards of the well-being, hospitality, what they hate and what they cherish
☐ Former property owners (if possible) interviewing to get previous operating costs breakdown for example
☐ Previous guests (if any) interviewing for some pitfalls and service drawbacks
☐ Former property owners (if possible) interviewing to get previous operating costs breakdown for example
☐ Previous guests (if any) interviewing for some pitfalls and service drawbacks
Planning Permission and Restrictions obtained
☐ Detect exact type of property: agricultural, commercial, residential or combined type
☐ Planning permission (outside) and building regulations (inside) to see on any constraints and any conservation restrictions
☐ Rural properties might be subject to «rights of way» or «easements», allowing others to access the property. Understand these before purchasing
☐ Planning permission (outside) and building regulations (inside) to see on any constraints and any conservation restrictions
☐ Rural properties might be subject to «rights of way» or «easements», allowing others to access the property. Understand these before purchasing
Structural survey of the buildings carried out
☐ To get obvious and first hand recommendations
☐ Ideas to open up the property potential under the current vision. Eg. spaces and building prospective purposes
☐ Ideas to open up the property potential under the current vision. Eg. spaces and building prospective purposes
Utilities research and assessment provided
☐ Internet
☐ Energy rating
☐ Gas
☐ Sewage
☐ Hydro-isolation
☐ Heating
☐ Electricity
☐ Waste management
☐ Energy rating
☐ Gas
☐ Sewage
☐ Hydro-isolation
☐ Heating
☐ Electricity
☐ Waste management
Land plot research fulfilled
☐ Water
☐ Wild and domesticated growth
☐ Wild and domestic animals
☐ Soil quality assessment
☐ Flood Risk
☐ Wind rose
☐ Protected areas: Is the property in or near an Area of Outstanding Natural Beauty (AONB) or a Site of Special Scientific Interest (SSSI)
- water rights: Especially important if you're planning to farm.
- nearby natural or urban water sources
☐ Wild and domesticated growth
☐ Wild and domestic animals
☐ Soil quality assessment
☐ Flood Risk
☐ Wind rose
☐ Protected areas: Is the property in or near an Area of Outstanding Natural Beauty (AONB) or a Site of Special Scientific Interest (SSSI)
Deal secured
☐ Desirable structure of the deal // legal counsel
☐ Financial structure of the deal // financial advice
☐ Hidden fees
☐ The advance payment and the closing payment
☐ Opportunities
☐ Financial structure of the deal // financial advice
☐ Hidden fees
- eg Stamp Duty Tax
☐ The advance payment and the closing payment
☐ Opportunities
- bargaining negotiating
- optimization of some costs
London, UK
If you’d like to discuss your idea, need a fresh perspective on your property, got inspired by one of our pitches, or want to experience the joy of collaborating on something new — write-to@concept-that.co.uk