With the UK housing market reopening post the Covid-19 lockdown, buyer behaviour is experiencing a fundamental shift, according to the latest RICS Residential Market Survey. Given the realities of the new-normal, characterised by increased remote working and workplace flexibility, the majority of the home buyers (81 per cent) are preferring properties with gardens or balconies.
New buyers are opting for properties, which include outside areas, or have access to parks and community gardens, in fact, an increase in demand for homes located near green spaces is anticipated by 74 per cent of the survey respondents. Unsurprisingly this coincides with a fall in the appeal properties located in highly urban areas, with 58 per cent of respondents alluding to their reduced desirability.
One criterion that remains unchanged amongst buyers is the desire to live in close proximity to major transport hubs. This has been a foundational principle of Strawberry Stardevelopments, such as Lu2on and Greenview Court, which benefit from high-level connectivity to the capital as well as homes with gardens.
Lu2on is an integrated mixed-use development in the top commuter belt town of Luton. Within walking distance of the Luton Airport Parkway Station, which connects to London in under 23 minutes, Lu2on is ideal for young families, first-time buyers, home-movers, and buy-to-let landlords. Suites, one and two-bedroom apartments offer access to private roof gardens and a large public realm (10,000 sq m).
Southall, in the London borough of Ealing, is similarly well connected, and home to contemporary apartments at the Greenview Court development on Merrick Road. Southall station provides residents with access to The Elizabeth Line, the capital’s high-speed Crossrail project, resulting in access to London Heathrow and Paddington within 15 minutes. Featuring multi-level communal green spaces, elegantly designed apartment units, and private landscaped rooftop gardens, Greenview Court is close to the Grand Union Canal, towpath walks, parkland and green spaces while aligning significantly with RICS findings.
81% of respondents across the UK felt that there will be an increase in desire for properties with gardens or balconies; 74% predict an increase in demand towards homes located near green spaces; and 68% are of the opinion that properties with greater private and less communal space will become more desirable.