Popular Shops and Stores buyers look to live close to

June 27, 2022

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

Breaking News

London rents outperform property values

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that rental growth has outperformed house price growth across 26 of London’s 32 boroughs since the start of the year, with rents continuing to climb despite weaker property price performance across much of the capital. Benham and Reeves analysed the average…
Read More →
Breaking News

Rental property availability falls

The number of rental properties available across England fell by 12.1% during the third quarter of 2026, according to new analysis by Dwelly, highlighting an increasingly competitive rental market in many parts of the country. Dwelly is one of the UK’s largest rental property management groups, with more than 15,000 properties under management. The firm’s…
Read More →
Breaking News

Average advertised rents surpass £1,400 for the first time

The average advertised rent of homes outside London has risen to a new record of £1,418 per calendar month, up 1.5% this quarter: Despite a new record rent, annual rental growth has returned to a more stable level of +2.4% Number of available rental homes nationally is 2% lower than a year ago, while renter…
Read More →
Breaking News

Barclays unlocks wider mortgage access for company directors

Limited company directors who meet the income threshold can now have their Profit After Tax (PAT) considered in their affordability assessment regardless of property value The change means that, for a wider group of limited company directors, Barclays will consider a fuller view of the applicant’s income The update is the latest in a series…
Read More →
Breaking News

Homebuyer demand fall in Q3

The latest sales demand data from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q3 2026. The analysis shows that just five counties managed positive growth during the quarter, suggesting that buyers may be holding back, adopting a wait-and-see approach ahead of what promises to be a vital Autumn Budget –…
Read More →
Estate Agent Talk

Alterations can change a property’s rebuild cost

‘Don’t get caught short’ warning to homeowners from valuations experts – alterations can change a property’s rebuild cost Properties change over time. Homeowners may add an extension, upgrade a kitchen or bathroom, alter the layout, or even change how the building is used, but when do those changes mean it’s time for a new rebuild…
Read More →