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Supermarkets, green spaces and public transport links are among the most desirable amenities for homebuyers on the lookout for a new property, while telecommunications towers and high crime rates are among the least, according to HomeLet’s recent survey of rental tenants.

The top amenity to have nearby a new home is a supermarket, with 50.9 per cent of respondents registering this as a priority. Other important features include a nearby park or local green spaces, with 46.4 per cent saying this is important, public transport links, with 44 per cent, convenience / late night opening shops with 29.3 per cent and bars and pubs with 22 per cent recording this as important, according to
HomeLet’s recent survey.

Some 27.7 per cent said they would even pay a higher monthly cost if they were able to be closer to parks and green spaces, while men were more likely to pay more to live near desirable amenities such as supermarkets and public transport link, according to the recent survey.

LIS Show – MPU

Meanwhile, a high crime rate is the most undesirable factor when choosing an area to live, with 70.5 per cent saying they would be put off by this. Also, 64.2 per cent did not want to live near noisy neighbours, 58.9 per cent not near a sewage works, 45.8 per cent not under an airport flight path and 42.7 per cent not near a prison, according to HomeLet’s recent survey.

Also, being a former crime scene would put off 37.6 per cent of respondents, whilst a death in the property would put off 23.7 per cent. Overall, women were more likely to be turned off by negative effects than men.

However, people were willing to compromise on certain issues if it meant saving money on their rent. For example, 41.1 per cent would live in a home with the number 13 in the address if the rent was low enough, 40.8 per cent would put up with a graveyard nearby, 27.8 per cent a motorway and 26.3 per cent a telephone mast, according to the recent survey.

Surprisingly, the biggest potential saving to be made was to live in an area with a rude name, accounting for a reduction in the average rent price of 37 per cent.

Rob Wishart, group data manager at HomeLet, commented: “Everyone has their own needs and personal tastes when it comes to choosing where to live. Whether it’s having green open space or being in the hustle and bustle of a city centre, choosing where we call home can be a huge decision.

“It’s worth keeping the things that are important to you in mind when searching for a property to rent. Our research suggests that supermarkets, green spaces and public transport links are the most desired nearby amenities, whereas high crime rate, noisy neighbours and nearby sewage works are the most off-putting.”

He also added that it was interesting to see that there are potential savings to be made by living close to some of the ‘undesirable’ aspects, such as living in an area that people perceive as having a rude name.

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Jim Kersey
Jim focuses on the socio-economic impact of housing. His reporting for Property Notify often touches on topics such as changes in sentiment among investors in various housing sectors, as well as the impact of various developments on the average person.

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