BUYERS ARE WILLING TO PAY A PREMIUM PRICE FOR GARDENS
The latest investment: buy a home with a garden.
The garden can be the latest investment in the UK, with Britons willing to pay around £27,000 in premium to buy a home with outdoor area.
According to Zoopla, also renters would pay an extra £245 per month to access to the garden.
Buyers in the south east are prepared to stump up the most for a home with a garden, paying an additional £31,768. Close behind are Londoners, who pay a £31,447 premium, followed by buyers in north east England, who hand over a further £30,942.
At the other end of the spectrum, buyers in Wales are the least willing to pay for outdoor space, averaging £22,036. The next most reluctant are those in Scotland (£22,208) and north west England (£22,471).
Buyer are keen in gardens and who would debate it? Having your own green space, where to gather with friends and family or relax on weekends with a warn cup of tea, will improve your lifestyle at home.
Buyers also admit that a unwell kept garden during viewings made them lose interest in properties.
Although this are the result, Brits are spending around 21 hours per month in their gardens. Meanwhile, renters are spending only 12 hours, basically forking out £20 an hour just for the pleasure of owning the garden.
Is this affecting potential vendors and landlords?
Of course it does. Especially with the good weather, home owners should take extra care of gardens, as Britons are actively looking for their place in the sun.
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