Name of Product | Property-Markets
Price | Free
Target Audience | Small developers and investors. Currently available for the London area, but will be national by the end of June 2018.
Challenge | Smaller developers and investors have been underserved with tools in the property search market. In order to find a relevant property to suit their criteria (housing ripe for development or with high yields) they are having to use retail products which do not organise or sort the data according to their needs or deal with agents looking after for their own interests. This does not suit the property vendor looking for a quick transaction or the buyer trying to maximise profit.
Solution | By organising available properties to buy according to price per square ft, we can compare them dynamically on a map and show value across the whole of London instantly. A bright green pin indicates better value and a lower price per square foot than the average for the area and the inverse is true for red pins. Each property can then show the potential profit according to relevant costs (purchase, building, finance) and size of loft conversion and/or rear extension.
Result | Developers and investors that use Property-Markets can filter relevant properties instantly. With over 300,000 properties for sale in London alone and analysing each one taking about 10 minutes, it would take 1.5 years to analyse all of them. With Property-Markets you can see all the properties of value instantly.
- Property-Markets is currently at an early stage and open top investment, if interested contact Ravi Tulsiani on firstname.lastname@example.org