Popular Shops and Stores buyers look to live close to

Location, location, location is a relatively famous quote in that we not only seek the perfect property to suit our needs, we are also after the perfect, fine location in what we then call our local community.

Easy access to, close to station, sea views, quiet location and more are quotes which will appeal to buyers and get regularly used by vendors. Many would say that the location is just as, if not more, important than the property – How many times have we heard that you can modify / improve your property, but you can not modify / improve your location? Surely then the first measure that you have to do is to search for a good location, then you can start searching for homes for sale in that area.

What we look for in a location includes:

  • Crime rates
  • Travel / transport routes in / out
  • Proximity to work
  • Schooling
  • Shops
  • Leisure / lifestyle
  • Hospitals / healthcare

When it comes to shops there are many we can choose from which mostly, in the eye of the buyer, will be necessity of supermarkets being close as well as other super stores such as DIY, electrical, furniture (IKEA) and clothing.

Additionally, the following are also popular in the desirability to be local when purchasing property:

  • Coffee shops (Costa / StarBucks)
  • Fast food (McDonalds / KFC / Pizza Hut)
  • Bargain stores (Poundland)
  • Food stores (Waitrose / Tesco / Sainsburys)
  • Boutiques / designer stores (clothing / jewellery)
  • Antique stores

Compromising on location over property will mean usually accepting reduced floor space, vice versa will give you options to improve on the property as demand is likely to be less thus meaning lower value per m2. Are you prepared to drop a few m2 of floor space in order that you can grab your cappuccino conveniently each morning from Costa’s on your way to work?

If there is a Waitrose nearby, you can expect to sell your property for as much as £43,571 more than similar houses in the area, Marks and Spencer attract a premium of £40,135 and those close to a Sainsbury’s go for an average of £32,707 more. source express

 

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Rightmove reaction to Bank Rate hold

Matt Smith, Rightmove’s mortgage expert says: “In a rollercoaster year for the mortgage market, we end the year with a hold in the Bank Rate at 4.75%. “While not the early Christmas present that many would have wanted, it was widely anticipated, and must be considered against a backdrop of inflation being at the top end…
Read More
Software & Tech

Top B2B E-commerce Application Development Trends in 2024-25

The B2B eCommerce landscape is always evolving, leveraging technologies so advanced that firms can enhance and refine the customer journey from search to delivery. The important trend of modern B2B eCommerce is based on digitalization. Addition to artificial intelligence (AI), and the integration of the eCommerce platforms and other software used for resources, warehouses, and…
Read More
Love or Hate Rightmove
Breaking News

Rightmove unveils new marketing campaign

Rightmove is launching a new marketing campaign from Christmas Day, just ahead of the Boxing Day bounce and New Year jump in home-mover activity. The new campaign is called ‘If they can find it, so can you’. It communicates that, with the UK’s largest choice of homes, everyone can find a home that fits their…
Read More
Breaking News

Zoopla research: Recent homemovers spent an average of nine years in their previous home

The data shows two peaks in seller activity over the last 18 months, those who bought just before the Global Financial Crisis and those who bought just before or during the pandemic. Homeowners in smaller homes outgrow them quickly spending nine years in a two-bed flat vs 13 years in a larger home Sellers in more affordable…
Read More
Estate Agent Talk

The Role of IT Support in Facilitating Seamless eLearning Experience

The eLearning industry has increased, driven by technological advances and the need for flexible, accessible education. Online platforms offer a world of opportunities for students and professionals alike, but behind every seamless virtual classroom experience lies a robust IT infrastructure. IT support is the backbone of eLearning, ensuring platforms run smoothly, are secure, and can…
Read More
how to present your property for sale
Breaking News

Private rent and house prices, UK: December 2024

Main points Average UK private rents increased by 9.1% in the 12 months to November 2024 (provisional estimate); this is up from 8.7% in the 12 months to October 2024. Average rents increased to £1,362 (9.3%) in England, £772 (8.0%) in Wales, and £980 (6.5%) in Scotland, in the 12 months to November 2024. In…
Read More