What would flag a property as buy-to-flip?

[James Hutley]

What would flag a property as buy-to-flip?

Some of what I look for is:

• How long the property has been on the market, the longer it has been there the more negotiable the owner becomes on price?
• The state of the property, are their cosmetics or structural changes that can be done to add value?
• I look at the area, this for me is a bit tricky as I am never sure if I am saying no to an area because some areas are so run down and they are only good for a multi-let model, then I think about capital appreciation on a multi-let, perhaps I am overthinking this?

What other suggestion do you have that I can add to the above list?

Kind Regards
James