47: How to Evaluate a Site Before You Buy - Part 1: The 8 Pillars of Site Assessment cover art

47: How to Evaluate a Site Before You Buy - Part 1: The 8 Pillars of Site Assessment

47: How to Evaluate a Site Before You Buy - Part 1: The 8 Pillars of Site Assessment

Listen for free

View show details
In this episode, Jonathan and Kieron explore the transition from finding a site to truly understanding its potential and pitfalls. Many beginners make the mistake of running a financial viability assessment before looking at the physical and legal reality of the land. They introduce a framework of eight key risk areas, focusing today on the first four: Planning Risk, Physical Site and Building Constraints, Access and Highways, and Utilities and Services. KEY TAKEAWAYS Never fall in love with the numbers before you understand the site constraints; a "cheap" site can quickly become a liability if the physical or legal risks are too high. Use the planning portal not just for your site, but to research the history of surrounding plots to gauge the council’s appetite for development. The steeper the slope, the higher the cost. Factors like tanking, retaining walls, and complex foundations must be identified early in the physical assessment. Just because a road exists doesn't mean you have the legal right to use it for a new development. Always verify "ransom strips" and highway adoption status. Capacity is the hidden deal-killer. Always check with the National Grid or water authorities early, as requiring a new substation can decimate your profit margins. BEST MOMENTS "Most beginners get all excited... they start running the numbers before even looking at the site constraints, which we think is a huge mistake." "The greater the gradient of the slope, the more costs there are." "Just because there's a road there doesn't mean it's an adopted road... you can’t just do what you want." "We switched [the water] off... and we very quickly found out who owned it because they came running out of the house in a bath cap." "Every physical constraint becomes a cost or a design limitation." HOST BIOS Jonathan is a property developer and entrepreneur with a background in finance and construction. Originally from South Africa, he holds degrees in Accounting and Auditing and relocated to England in 2003. He gained financial and operational experience at firms such as RSM, Prudential, and Baker Tilly before transitioning into property. Since 2014, Jonathan has managed major commercial-to-residential conversions and new build developments, particularly across the South West. His analytical mindset and on-the-ground experience help listeners navigate the property world with confidence. Kieron is a construction expert and entrepreneur with over 20 years of industry experience. Starting as a mason, he went on to found Shepherd Construction in 2012, delivering projects across both the public and private sectors. From extensions to luxury new builds, Kieron has earned a reputation for quality, precision, and strong leadership. As Managing Director, he’s involved in every stage—from design to delivery—offering a no-nonsense, deeply practical perspective to anyone looking to build with success. https://www.facebook.com/jonathan.stobbs.7/ https://www.linkedin.com/in/jonathanstobbs/ https://www.instagram.com/jonathan.stobbs/ https://www.facebook.com/kieron.shepherd.73 https://www.linkedin.com/in/kieron-shepherd-83b979aa/ https://www.instagram.com/kieron__shepherd/ https://www.propertydevelopersplaybook.co.uk/ Book your seat now on our 3-day live event, Property Developers Bootcamp https://www.propertydevelopersiq.co.uk/pdblive To Get 10% off Searchland subscription CLICK this link - https://searchland.co.uk?via=jonathan-stobbs
adbl_web_anon_alc_button_suppression_t1
No reviews yet