03/08/2026
Most people view a property the way they'd view somewhere to live. As an investor, you're looking at it differently. The question isn't whether you'd want to live there. It's whether the numbers work and the risks are manageable.
Here's what to check.
Structural condition
Damp, roof condition, guttering, windows, pointing on the brickwork. These are the expensive fixes. Look up at the ceilings, check corners of rooms, smell the air in the basement or ground floor. A damp survey before exchange is always worth it on an older property.
Heating and boiler
How old is the boiler? When was it last serviced? A boiler replacement costs £2,000–£3,500. Factor that into your offer if it's near end of life.
Electrics
Is there a consumer unit or an old fuse board? Old wiring is a red flag. Ask for the last EICR if available.
Layout and tenant appeal
Would a working professional, family or key worker actually want to live here? Is it near transport links, schools, amenities? The best numbers on a poorly located property still produce voids.
Refurbishment scope
Be realistic about what needs doing. Kitchen, bathroom, flooring, decorating — get a rough cost in your head before you leave. Add a 15–20% contingency.
What NestKey does
We view properties before they reach our investors and assess all of the above. By the time a deal lands in your inbox, the legwork is done.
Visit nestkey.uk or call 01302 315031.
