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This week I thought I’d bring you with me for the Deal Analysis journey and do a follow-along Commercial Deal Analysis on the podcast.

***This is a two-storey building in Richmond, North Yorkshire. Rent income per annum of £26,400pax, which is on the market for offers in excess of £295,000***.

My due diligence:

• Sales comparables to see comparable yields


• Lease comparables to see market rent and lease term comparables


• Space for let comparables, just to see what’s on the market


• Looking at the current tenants' accounts to see whether they can afford the rent


• Reading the leases to see what the agreement is between landlord and tenant

From this, I estimate what price I’d purchase at and what I think the potential value of the property could be if I implemented a regearing strategy.

So, what do you think? Would you go ahead and buy this property? 

Now, if you found the podcast valuable (it would be hard not to!), then I would like to invite you to a LIVE Deal Analysis Masterclass on the 19th May @8pm BST. Click here to register >>> https://ncrealestate.co.uk/dealanalysismasterclass