In the evolving UK property market, buyers increasingly prioritize specific features that enhance value and appeal. Key among these are off-street parking and energy efficiency. Off-street parking can increase a property's value significantly, often adding 10% or more in cities like London. Energy efficiency has gained importance due to rising energy costs and environmental considerations; improving a property's EPC rating can lead to substantial value increases. Basic enhancements for both parking and energy rating can be cost-effective strategies for sellers looking to attract buyers and achieve quicker sales.
Increasing the EPC rating from an F to a C can add 15% to the price of your home, according to Rightmove, which will add £55,000 to the average UK house.
Off-street parking is the first thing buyers and renters look for. According to one recent study, a driveway adds 10% to a property's value in London, or £52,995.
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