Activity
Mon
Wed
Fri
Sun
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
What is this?
Less
More

Memberships

Property Site Finder

54 members • Free

2 contributions to Property Site Finder
Assess 8X the amount of deals 🚀
I’ve been using the same site finance appraisal since I was 21. It’s detailed, it works, and I’ve shared it for years. It's here in the classroom btw... But the question I’m asking now is different....What if you could assess deals far more quickly, without losing the signal that actually matters? Not full feasibility. Not spreadsheets and hours of work. Just a fast, reliable way to assess the numbers and returns and decide: - worth digging into - or move on I’m exploring a much simpler appraisal that gives a clear Red / Amber / Green outcome, so time is spent on the right sites. So a quick question for those assessing deals regularly: - Does an Ai inspired workflow make you nervous? - or do you still want detail upfront, even if it slows things down? I know from talking to developers what my thoughts are.. But it's you we need to help and I've made it easy with a poll below...
Poll
5 members have voted
Assess 8X the amount of deals 🚀
1 like • 6d
Hi Adrian, thank you for sharing, this has been central to our conversations in the past when we have discussed opportunities and vetted potential sites. It gets to the point quickly which when you’re reviewing 100 sites a year is a fantastic tool!
1 like • 6d
Done, I’m a creature of habit and love a bit of research!
A visit yesterday that really stopped me in my tracks!
I’ve just come back from viewing a property in St Albans, Hertfordshire UK. It is an aspiration Cathedral City to live in on the outskirts of London, that’s undergoing a full renovation. From the outside, it’s a beautiful and a relatively conventional house. What you’d never guess is what’s underneath. The owner has excavated a 2,500 sq ft basement. To put that into context, the average UK family house I would estimate is 1,500–1,800 sq ft above ground. This basement alone is larger than many family homes! At shell-and-core stage, it already includes: - A swimming pool (excavated, not yet filled) - Sauna - Gym - Cinema Room - Substantial additional living space Standing there, it’s genuinely impressive to realise how much space, cost, and complexity is hidden below ground. Which brings me to a question for the group...What are your views on basements as an investment? - Do you see below-ground space as equal to above-ground in terms of value? - Have you seen a pricing discount per sq ft applied to basement accommodation on resale? - Does the end use (cinema, pool, wellness, staff accommodation) change your view on value? - And in today’s build-cost environment, do basements still stack up financially? I’d be really interested to hear from anyone who has built one, financed one, valued one, or sold one. The photos attached give a bit of context, but they still don’t quite capture how surprising it is to stand in a space like this beneath what looks like a “normal” house above. And I might add the owner of this transformation is in the group...Will he raise his head above the parapet? A true inspiration of a home with a man with big plans. Have a great weekend all.
A visit yesterday that really stopped me in my tracks!
1 like • 18d
Thank you Adrian, it was really great to see you too. Glad the basement project has got people talking! Now I've actually been through it rather than just looking at spreadsheets, here are a few thoughts: For me, this wasn't simply a numbers game about cost per square foot versus building up or out. It was about creating space and quality of life that planning restrictions here in St Albans just wouldn't allow above ground. Going up or extending outward faces serious constraints, but going down gave us the freedom we needed to create a unique property with a much more diverse floor plan than traditional developments, with much added amenity. On the valuation question, yes, basement space often gets valued lower than above-ground rooms, especially if it's poorly executed or dark. But I think how you use it and the quality of design makes all the difference. There's a world of difference between a dingy storage area and a genuinely well-designed leisure or wellness space that transforms how you live in the house. The costs are substantial, no getting around that, and there are plenty of technical challenges and risks along the way. It only makes sense if you're clear about your reasons – whether that's lifestyle, planning to stay long-term, or creating something special in a premium location. It's not a get-rich-quick development play more of a differentiator. From the street the property presents as a classic Victorian home, yet beneath lies this remarkable additional living space. Would I do it again? Yes, in the right location and with the right team behind me. But it needs proper thought and is design led. Happy to chat more if anyone has questions, and thanks for the interest.
1-2 of 2
Liam Dower
1
2points to level up
@liam-dower-1994
Property developer and basement construction specialist helping homeowners developers and investors unlock hidden value beneath their feet!

Active 16h ago
Joined Jan 23, 2026
St Albans