New research by regulated property buyer Good Move has revealed the top 10 property put offs that would deter a potential buyer from making an offer on a house.
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:
- Noisy neighbours (85%)
- Short leasehold remaining (76%)
- Signs of damp (75%)
- A shared garden (73%)
- Signs of cracks on the walls (73%)
- Front Door opening onto a main road (70%)
- No parking (69%)
- No garden (66%)
- Smelly (63%)
- 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:
- Existing tenants (34%)
- Murder (32%)
- Paranormal Activity (30%)
- Pets left behind in the property (26%)
- 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.”
To find out more reasons why your house might not be selling, visit: https://goodmove.co.uk/blog/selling-advice/why-wont-my-house-sell/
