To find properties with potential, focus on the “worst house on the best street” principle and look for homes with clear renovation opportunities, such as dated kitchens and bathrooms. Use online tools to search for keywords like “in need of modernisation” , “cash buyers only,” or “motivated seller” and research areas with strong population growth to ensure good resale value.

Analyse the area and market

• Worst house on the best street: Seek properties in desirable neighborhoods that are in poor condition, as you can increase value by bringing them up to the standard of the neighbors. 
• Market and demand: Look for areas with population growth, job opportunities, and strong demand where the housing supply is low. This can lead to future value appreciation. 
• Compare with nearby sales: Check what neighboring homes are selling for. If they are selling for a high price, it indicates a higher potential for your property’s value to increase. 

Look for specific renovation potential

• Dated features: Prioritize properties with outdated kitchens and bathrooms, as these are two of the most valuable rooms to update and can significantly increase a home’s value. 
• Low energy efficiency: Properties with low energy performance certificate (EPC) ratings can have their value improved through upgrades like better insulation or a modern boiler. These improvements also lower monthly bills. 
• Potential for extension: Look for properties with “excellent potential for extension (STPP)” (subject to planning permission). 

Network and search offline

Walk the neighborhood: Get to know the area by walking around, as you may spot a neglected-looking house with visible potential from the outside. 

Build relationships with agents: Get to know local agents, who may be aware of properties that aren’t yet on the market.

Scour local papers: Look for both estate agent ads and private listings, as some properties may not be advertised online, this is especially possible if the vendor is older and this also means the property has a high likelihood of needing modernisation.