RICS Level 2 Home Buyers Survey

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Introduction to Investment Property Report

The Investment Property Report is tailored for corporate investors, offering a concise overview of a property’s condition with fully costed defects analysis. Based on a visual inspection, it provides insights into construction, defects, rectification approaches, maintenance needs, flood risks, EPC ratings, and potential issues, without a market valuation.

This report tells you:

  • Construction details as ascertained.
  • Inspection limitations.
  • Significant defects and rectification methods.
  • Elements requiring frequent or costly maintenance.
  • Needs for further enquiries or investigations.
  • Approximate rectification costs.

This report does not cover:

  • Market value.
  • Excluded or inaccessible areas.
  • Minor defects or routine maintenance.
  • Asbestos inspection per regulations.
  • Detailed service conditions beyond visual checks.

Key Features

  • Designed for quick investor review with costed defects.
  • Includes flood risk from Environment Agency and EPC details (E or below unsuitable for investors).
  • Surveyor checklist for risks like structural movement, asbestos, invasive species, and more.
  • Private and confidential for the client.

Inspection Details

A non-invasive visual inspection using standard survey equipment, focusing on accessible areas to identify defects, limitations, and costs.

Report Contents

    1. Management Summary (High-priority items: Rating 5 or cost > £5000)
    2. Background Information (Weather, orientation, limitations)
    3. Accommodation Schedule (Type, form, heating, garage, garden)
    4. Overview (Age, construction, extensions, reinstatement value)
    5. Flood Risk Assessment (Reservoirs, surface water, seas/rivers)
    6. EPC and Floor Area
    7. General Photographic Schedule
    8. Surveyor Checklist (Comprehensive yes/no checks for boundaries, flying freeholds, asbestos, structural issues, etc.)

Sample Report

View a sample Investment Property Report to see the format and detail provided: 

Sample Investment Property Report (PDF)

Service Video

Areas covered: We carry out level 3 Building Surveys and level 2 Homebuyers surveys in Portsmouth, Southampton and Chichester areas.

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