We at Nimbus are always enhancing our platform to provide you with the essential property intelligence tools needed to navigate the property market with ease. We are excited to introduce our latest product release, packed with new features and updates aimed at turbocharging your property search and accelerating your discovery of profitable opportunities.
In this edition, we're excited to announce powerful updates to our Commercial Comparables filter and the revamped Strategic Housing Land Availability Assessment (SHLAA) layer.
What's new in the platform
Introducing additional tenure filters for Commercial Comparables
Navigating through commercial comparables can be complex, especially when dealing with various tenure types. Previously, long leases, occupational leases, and business sales were collated under a single ‘leasehold’ category, creating some confusion.
Freehold comparables and leasehold comparables with different sale types (like investments vs. non-investments) were not clearly distinguished, making analysis more time-consuming.
The solution?
We’ve redefined and refined our comparables filters for greater clarity:
Virtual freeholds: Leasehold comparables with terms over 40 years are now categorised as ‘Virtual Freeholds,’ allowing you to separately view freeholds and virtual freeholds.
Detailed comparables: For freeholds and virtual freeholds, you can now choose to view ‘Investments,’ ‘Non-Investments,’ or both. For leaseholds, see ‘Occupational Leases,’ ‘Business Sales,’ or both.
Now, users can enjoy more streamlined analysis with detailed filters that quickly identify relevant comparables, enhancing your decision-making process in a few easy steps.
Enhanced SHLAA layer for better development insights
Understanding the potential of SHLAA sites is crucial for effective planning and development. We’ve addressed some key issues with our previous SHLAA layer to give you a clearer picture of site viability.
The solution?
To enhance your understanding of SHLAA sites, we've updated our layer to include three clear categories of development potential: "Positive," "Neutral," and "Negative," based on local authority assessments.
Sites lacking these assessments will be marked as “Unclassified” for clarity. Additionally, we've introduced a new category for “SHLAA sites not identified in adopted plans” to provide a more complete picture. This update ensures a more comprehensive and informative view of site potential, and will help Nimbus users find viable opportunities, faster.
What’s next with Nimbus?
Nimbus remains committed to refining and expanding our platform to exceed the evolving needs of property professionals. These updates signify our dedication to providing you with the most comprehensive and user-friendly tools for success in the property market.
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If you’d like to know more about how Nimbus and our latest updates can boost your business, contact our dedicated support team at 01926 355 424. Start your journey with Nimbus today by signing up for a free demo to experience these new features first-hand.
Thank you for choosing Nimbus as your partner in property success. We are excited to continue empowering you with innovative solutions and look forward to what’s ahead.
