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CORONAVIRUS UPDATE

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TODAY'S OTHER NEWS

Coronavirus pandemic sees demand increase for homes with garden space

Living without outdoor space is proving a real challenge for many people during the current coronavirus lockdown, which will largely explain why demand for properties with gardens has increased in recent weeks, particularly in urban areas.

As the weather starts to improve, research by tradesperson comparison site, HaMuch.com, has revealed that this demand for a garden rental home is at its highest in Bristol, Nottingham and London.  

Having assessed data sourced from Rightmove, Zoopla and Prime Location, HaMuch.com looked at the percentage of homes listed to let across the UK’s major cities that advertise garden space, and then what proportion of these total listings had already been snapped up by tenants to reveal which are the hottest spots for garden buy-to-lets.

The research shows that at 47%, Bristol is the UK city with the highest demand for a garden buy-to-let rental property, followed by Nottingham (40%) and London (39%).

Cambridge also ranked high with demand for a rental property with a garden at 33%, along with Plymouth (33%), Portsmouth (31%), Leicester (30%), Bournemouth (29%), Newport (24%) and Manchester (22%).

In London, Lewisham is home to the highest level of tenant demand for a garden rental at 53%. Havering 46%, Bromley (44%), Bexley (43%) and Waltham Forest (39%) are also amongst the most in-demand for a garden.

Tarquin Purdie, founder and CEO of HaMuch.com, said: “Garden space has always been a sought after feature whether you’re buying or renting but with current government restrictions on movement, a garden rental has just become a lot more in demand; particularly now the weather is improving.  

“It’s important that in these tough times, landlords continue to see a return from their buy-to-let investment and now is as good a time as any to be letting your home. If it happens to have a garden, this could help you secure a better level of rent, with more tenant demand and lower void periods.

“Of course, an outdoor space alone won’t do the trick and so it’s well worth investing some money to have a professional transform your garden into an area your tenants will want to spend time. This might cost a bit now, but will be well worth it in the long-run and can mean the difference between below and above average rental returns.”

Gardens - Demand

Area

Demand

Bristol

47%

Nottingham

40%

London

39%

Cambridge

33%

Plymouth

33%

Portsmouth

31%

Leicester

30%

Bournemouth

29%

Newport

24%

Manchester

22%

Glasgow

21%

Southampton

21%

Cardiff

21%

Liverpool

20%

Oxford

20%

Newcastle

18%

Birmingham

18%

Sheffield

17%

Leeds

15%

Swansea

8%

Edinburgh

7%

Aberdeen

7%

Belfast

0%

Cities average demand

23%

Poll: Do you own a property with a garden?

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