Gardens prove attractive to range of tenants

Released on = June 11, 2007, 9:57 am

Press Release Author = Jimwatson

Industry = Real Estate

Press Release Summary = Before making an investment in a property, the prospective
buyer must give consideration to a number of factors. Obviously, location is of
prime importance, as the property must be placed in area where it will have maximum
appeal for the target market.


Press Release Body = Before making an investment in a property, the prospective
buyer must give consideration to a number of factors. Obviously, location is of
prime importance, as the property must be placed in area where it will have maximum
appeal for the target market.

Close proximity to transport links is always a major plus point, as is being near to
amenities such as shops. Another consideration is what school catchments area the
property falls under, as this is something that is increasingly important to people
with children. Likewise, families are also going to be more interested in properties
with a garden, providing somewhere safe for the children to play.

However, that is not to say that a garden would not prove equally attractive to
tenants without children. According to a recent survey, 75 per cent of Britons
consider a garden to be a \"significant attraction\" when looking at a property. And
a further 70 per cent of respondents to the Savills poll said that having a garden
is an \"important part\" of home ownership.

Lucian Cook, a director in the company\'s research department, said: \"I would imagine
that families would be a group of people who would strongly consider a garden
important. Where you have large, modern houses which don\'t have much of a grounds,
that could be a constraint on demand.\"

Having said this, it is not everybody that places such importance on having some
garden space. A large section of the rentals market is made up of students, young
professionals and people waiting to make their first purchase.

Mr Cook advises that many of the tenants in this demographic \"are just looking for
something low maintenance\".

\"So a garden is not going to be something that\'s significant. Access to a degree of
outside space is possibly of importance to them, but having something which is
well-stocked with mature scrubs and hedges isn\'t.\"

This advice mirrors that given by property consultant Lorna Vestey to readers of the
Telegraph recently. She counselled investors to think about their prospective
tenants and what their priorities might be: \"A maximum 10-15 minute walk to a Tube
or good train station and reasonable shops is important. Local restaurants and bars
will be on most young tenants\' wish-lists. Family properties should have access to
outside space, be on a quiet road with reasonable parking and close to good
schools.\"

Web Site = http://www.assetz.co.uk/

Contact Details = Assetz House, Newby Road, Stockport, Cheshire, SK7 5DA, 0845 400
7000, linkexchangeseo@gmail.com

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