Feasibility Studies

As a London or Surrey based property developer, you know just how important it is to ensure that any new construction project is viable, financially sound and will deliver on your desired returns. One crucial tool for achieving this is a feasibility study to help you make informed decisions and maximise your ROI.

So, what exactly is a feasibility study and why is it so important for property developments in London?

In simple terms, a feasibility study is essentially an analysis of the viability of a proposed project. It serves as a key tool for identifying and addressing potential issues at the outset, helping to minimise risks and improve the overall success of the project.

These studies typically include a range of considerations, such as assessing the site's suitability for development. Our architectural feasibility studies, in particular, can also help developers assess design options, optimise the use of space, and identify any potential risks that may need to be addressed.

For London or Surrey-based property developers, a feasibility study can be especially important, given the high cost of real estate and the need to use every bit of available space. With so many potential hurdles that must be addressed, even the slightest misstep can result in costly delays, lost revenue, and even legal disputes.

By undertaking a comprehensive feasibility study with us, developers can mitigate many of these risks and ensure that their construction projects are financially viable and compliant with all relevant regulations.

Here are some of the key benefits of conducting a feasibility study with aThink Architects:

1. Manage Costs:

A feasibility study can help identify potential cost-saving measures or areas where spending can be optimised at an early stage. This will enable you to balance overall project costs with potential revenue for maximum return on investment.

2. Comply with national and local planning regulations:

We specialise in feasibility studies and are well-versed in local and national, regulations, and building control requirements. This ensures that any proposed development will be in compliance with these regulations, avoiding costly delays and issues down the line.

3. Optimise Space:

By working closely with us, we can create a design that maximises the use of available space. This is essential in areas where land prices are high, and every square metre of space must be utilised effectively to provide the best investment returns.

4. Minimise Risks:

A feasibility study helps property developers to identify potential risks before the construction process begins, ensuring that they can be addressed early on. By optimising the design early and addressing potential risks, developers can minimise project delays, cost overruns, and other issues that can impact the final outcome.

Overall, the importance of an aThink feasibility study cannot be overstated for developers. This vital tool will help to ensure that your construction project is viable, financially sound, and compliant with all necessary regulations. If you're looking to undertake any new property development, be sure to consult with us so we can help to guide you through the process and ensure a successful outcome for all involved.

Have a project in mind? Drop us a line and let’s start the conversation today.