• Anti-social/loud neighbours are the biggest drag on property desirability
• 57% of prospective homebuyers list bad neighbours as biggest put off
• Good neighbours more valuable than tidy garden or quality furnishings
• Londoners least concerned by bad neighbours when buying a property
Anti-social neighbours are the biggest turn-off to prospective homebuyers, according to a recent survey of over 4,000 homebuyers by PrimeLocation.com.
Almost 3 in 5 (57%) of those surveyed listed loud or anti-social neighbours as the most likely reason for being put off a home purchase. Homebuyers in the East and North East of England are most put off by the thought of bad neighbours with 61% of respondents claiming this as the leading detractor from a purchase. Londoner’s seem less fussed with just 52% of potential buyers in the capital stating that noisy neighbours would be a key off-putting factor.
Security ranked very highly as an important factor in a property being considered as ‘prime’ with private gates and security cameras coming in above swimming pools, tennis courts and walk-in wardrobes as must-haves amongst potential buyers of ‘prime’ property.
Lawrence Hall of Primelocation.com, said: “Discerning buyers don’t simply look for a good location but want to live in a good neighbourhood too. The quality of the neighbours and the security of the property are both clearly important factors for ‘prime’ buyers.”