Top ten property features that kill buyer interest

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According to the latest research from regulated property buyer, Good Move, people would rather buy a house where a murder has taken place than one that has signs of damp or cracks in the walls.

The firm’s analysis revealed that nearly three in five (58%) would be put off if there had previously been a murder at a property, and more than two in five (44%) would reject a house if there had been reports of paranormal activity. However, Brits are far more concerned by more trivial faults, with a shared garden (73%), signs of damp (75%) or cracks (73%) and having a short leasehold remaining (76%) all featuring higher on the list of unwanted features.

The biggest red flag for those looking to buy is noisy neighbours, with a huge 85% of people saying this would put them off purchasing a property.

The top 10 things that would put house buyers off are:

1. Noisy neighbours (85%)
2. Short leasehold remaining (76%)
3. Signs of damp (75%)
4. A shared garden (73%)
= Signs of cracks on the walls (73%)
6. Front Door opening onto a main road (70%)
7. No parking (69%)
8. No garden (66%)
9. Smelly (63%)
10. Busy or high-speed roads nearby (62%)

Although over 40% of UK housebuyers say they would not be put off by the fact that a murder had taken place onsite, the survey also found that, if this were the case, they would expect the property to be reduced by almost a third (32%) of its market value.

Similarly, buyers would also expect a 30% reduction if there had been reports of paranormal activity.

The top five features that buyers would expect the biggest discounts for are:

1. Existing tenants (34%)
2. Murder (32%)
3. Paranormal Activity (30%)
4. Pets left behind in the property (26%)
5. Being next door to a cemetery (25%)

Ross Counsell, director at Good Move, said: “Although everyone has a different idea of the perfect home, it’s clear from our survey that certain things will put off most people. On the bright side, some of these put-offs are easy to address, so if you are looking to sell your house, make sure you sort out small things like cracks and damp.

These little actions can make a huge difference and help you to make your house more attractive to buyers.”

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