3 mistakes property investors make that turns a flip into a flop: 1. Not looking at the market data. Blindly doom scrolling rightmove for the lowest price or properties within budget opens you up to unnecessary risk. You’re about to buy a house on the wrong street. Study the sales history of your target area. Find AREAS (not the property) with low DOM and high growth. 2. Not looking at EPC certificates This is absolutely crucial for flips. DO NOT skip out on energy efficiency upgrades. Doing basic upgrades can boost sale price by 7–16% which is a massive £14,000–£28,000 addition to the sale price for a £200,000 property. Buyers pay PREMIUMS for energy upgrades. 3. Underestimating renovation costs and timelines. Overly optimistic budgets or rushed schedules will get you wrecked. Unexpected issues like structural problems, damp, or outdated wiring can blow your budget and delay your flip. ALWAYS get a detailed survey BEFORE buying. ALWAYS add a 20–30% contingency to your renovation budget, and expect delays. A realistic plan keeps your profit margins intact and avoids turning your flip into a flop. Want to avoid these costly mistakes? Our latest market report reveals top areas for flipping success in the UK. DM me for your free copy!

Posted by Adam Robinson at 2025-04-18 21:11:04 UTC