What the young want…

Homeowners preparing their properties for sale and buy-to-let investors need to think about the features that will most impress the new generation of buyers and tenants – and the lifestyles of young adults can provide valuable clues.

For example, says Berry Everitt, MD of the Chas Everitt International property group, young people tend to seek entertainment outside the home much more frequently than their parents did.

“This indicates that a young couple with two salaries coming in may well prefer an area close to restaurants, cinemas, clubs and other leisure venues. In addition, a formal living room and dining room is likely to be much less important to them than an older-generation buyer.”

Writing in the Property Signposts newsletter, he says that similarly, young buyers or tenants are much more likely to view a spare bedroom as a potential study or computer room than as occasional accommodation for visitors.

“In any case time on the Internet usually takes up quite a chunk of their day and they appreciate having a dedicated space to go online.”

“Many also want space for gym equipment, and most insist on good "lock up and go" security. Environmental awareness is also growing and greater energy-efficiency is also becoming a must.”

Meanwhile, he says, a well-designed kitchen with plenty of work surface and cupboard space is still high on the priority list of most younger buyers. “And as outdoor entertainment is common in summers, both buyers and tenants favour homes with a patio and / or a dedicated braai area.”

Article from: www.chaseveritt.com