Teaching Responsibility
LJMU Schools involved in Delivery:
Civil Engineering and Built Environment
Learning Methods
Lecture
Seminar
Workshop
Module Offerings
5224BEUG-SEP-CTY
Aims
The module aims to consolidate and enhance students’ knowledge and understanding of principal valuation methodologies and develop competence in the application of valuation concepts and theories to practical scenarios within the commercial and residential property markets.
Learning Outcomes
1.
Evaluate and apply valuation concepts and methodologies to a range of property types and interests.
2.
Critically appraise the relevance of valuation theory and principles in the context of residential and commercial property markets.
3.
Recognise the interrelationship between valuation and statute and demonstrate the impact of legal constraints on the valuation of property interests.
4.
Evaluate the application of financial appraisal techniques to property investment scenarios.
Module Content
Outline Syllabus:Applied freehold and leasehold valuation methodology for investment and development appraisal.
Alternative freehold valuation techniques and concepts.
Impact of modern lease terms and incentives on valuation: premiums, break clauses, lease length, rent review cycles,
stepped and turnover rents.
Valuation and statute; including the Landlord and Tenant Acts.
Introduction to cash flow analysis.
Residential valuation techniques.
Module Overview:
This module aims to consolidate and enhance your knowledge and understanding of principal valuation methodologies. You will develop competence in the application of valuation concepts and theories to practical scenarios within the commercial and residential property markets.
This module aims to consolidate and enhance your knowledge and understanding of principal valuation methodologies. You will develop competence in the application of valuation concepts and theories to practical scenarios within the commercial and residential property markets.
Additional Information:The module is designed to consolidate and build on Level 4 valuation, progressing knowledge from foundation level to incorporate more complex and analytical theory. Established principles will be explored and tested through an applied approach to the valuation of land and property. The student will gain a deeper understanding of commercial and residential valuation principles and appreciate the constraints and parameters of the property market.