Hottest spots for park residence property demand revealed

Analysis by park residence promoting specialists Quickmove Properties, has revealed which areas of the nation are seeing the very best demand for park houses from silver residence sellers and consumers trying to downsize in later life.

The evaluation by Quickmove Properties checked out nearly 5,000 present market listings situated up and down the nation revealing which areas are most in demand primarily based on the very best degree of park houses being offered as a proportion of all out there market inventory.

The recognition of recent park houses has elevated considerably lately as downsizers have shunned more and more costly retirement houses and the far increased price of buying within the common property market to maximise the monetary fairness constructed up of their current property, in addition to their pension pot.

Fashionable park houses not solely provide the options and facilities of an everyday residence, however they supply a prepared made group, to not point out the truth that model new fashions come totally furnished, fitted and able to stay in.

This no fuss, no compromise strategy to property possession in later life is in excessive demand and the analysis by Quickmove Properties exhibits {that a} fifth of all present market inventory throughout England has already been snapped up by silver residence sellers and consumers trying to downsize.

In some areas of the market, competitors is substantial. In Bedfordshire, as many as 44% of all park houses at present listed on the market in the marketplace have been offered topic to contract or had a proposal positioned on them.

Staffordshire can also be proving to be one of many nation’s present park residence property buying hotspots, with 39% of all park residence on the market inventory already taken.

Conventional retirement counties of Hampshire (35%), Dorset (35%) and Somerset (28%) additionally rank throughout the prime 5 most in-demand areas for park houses, with Surrey (27%), Hertfordshire (27%), the West Midlands (26%), Wiltshire (26%) and Bristol (25%) making the highest 10.

Gross sales Director at Quickmove Properties, Mark O’Dwyer stated, “With property values growing considerably in latest instances, many downsizers are discovering that there merely isn’t an ample selection of appropriate houses, out there at reasonable worth thresholds, within the conventional market.

On the similar time, the trendy park residence providing has developed considerably lately and this has modified the notion that many might have beforehand had on the usual of residing and luxury a park residence can provide.

Consequently, there’s excessive demand for park houses in sure areas of the market, as silver downsizers are opting to maximise the fairness amassed of their bricks and mortar residence when promoting, with out compromising on location and high quality of residing.”