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8 Steps To Success In Property Development: Assessing

8 Steps To Success In Property Development: Assessing

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In this episode, Jonathan and Kieron explore the crucial second step of their property development program: assessing development opportunities. They discuss evaluating sites for viability, including checks on title registers, planning permissions, environmental constraints, infrastructure, and market demand. KEY TAKEAWAYS It's important to assess development opportunities after sourcing potential sites. Jonathan and Kieron discuss how to identify red flags during the sourcing phase. It's vital to gain an understanding of viability through financial analysis. BEST MOMENTS "You know, invariably, we are the underbidders on opportunities. Sometimes those come back, sometimes they don't. But this is why you always need to be looking at a number of opportunities and have a pipeline." "We were going to sell these bungalows to downsizers or people retiring to the local area who just want peace and quiet. If you’re going to have dogs barking for over an hour without any break, it’s not quite the environment you want to be retiring to." "We have been in a bit of a planning battle for two years. We’re in a UNESCO World Heritage site, and we’ve just been messed around by World Heritage. What can I say? It’s been a long two years." "Yes, they cost money, but it’s not really a cost—it’s an investment. Once you’ve got your first development, it kind of pays for itself, and you just repeat the subscription, really." "We have a great solicitor. I will definitely mention her—Jo Morgan from Codes. They are fantastic solicitors. We’ve used her for a few years now, and she’s just great." HOST BIOS Jonathan is a property developer and entrepreneur with a background in finance and construction. Originally from South Africa, he holds degrees in Accounting and Auditing and relocated to England in 2003. He gained financial and operational experience at firms such as RSM, Prudential, and Baker Tilly before transitioning into property. Since 2014, Jonathan has managed major commercial-to-residential conversions and new build developments, particularly across the South West. His analytical mindset and on-the-ground experience help listeners navigate the property world with confidence. Kieron is a construction expert and entrepreneur with over 20 years of industry experience. Starting as a mason, he went on to found Shepherd Construction in 2012, delivering projects across both the public and private sectors. From extensions to luxury new builds, Kieron has earned a reputation for quality, precision, and strong leadership. As Managing Director, he’s involved in every stage—from design to delivery—offering a no-nonsense, deeply practical perspective to anyone looking to build with success. https://www.facebook.com/jonathan.stobbs.7/ https://www.linkedin.com/in/jonathanstobbs/ https://www.facebook.com/kieron.shepherd.73 https://www.linkedin.com/in/kieron-shepherd-83b979aa/

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