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Revealed! What Investors and Renters Want From A Property

A new study of over 600,000 available properties on Rightmove reveals that homes in need of renovation are the most in demand among buyers.

And they’re 8.0 per cent, or £29,000, cheaper than the average property up for sale.

After renovation projects, homes with new boilers, double glazing, loft conversions and storage space attract the most attention, while chain free homes and those with a garden and near stations all make the top 10 ‘most wanted’ property types.


For renters, double glazing, smart technology, and being near a station are the top three features that attract the most demand.

Rightmove says fixer upper homes or those that say they are in need of refurbishment topping the list is likely because of two groups of buyers competing for this type of home: first-time buyers looking for a cheaper property to get on the ladder that they can refurbish over time as they save up enough money, and investors looking to grab a relative bargain and do it up to sell on or rent out.

The average asking price of a fixer upper home is £336,979, which is £29,302 lower than the current national average asking price of £366,281 for all types of home.

Buyers looking for a home that is already refurbished, which also makes the top 10 list in position seven, are paying an average of 19 per cent more than the national average asking price, at £435,874 (+£69,593).

The other most popular buyer features reveal the importance of there being enough storage space and a garden, the desire for a property to be chain free, and basic energy efficient features such as double glazing and a new boiler.

Being near a station is also still a priority, in at number ten, despite the rise of working from home for many.

As renters aren’t able to make significant changes to the property, they are looking to ensure it has double glazing, smart technology such as a smart heating system, a new boiler, and is more energy efficient try and keep down their energy bills.

Being near a station ranks higher for renters than for buyers, as well as home features which add storage space such as a basement, attic or shed.

A parking space is also a priority for many renters, and properties which are open plan also make the top ten list.

Tim Bannister, Rightmove’s property expert says: “This new study could help sellers and landlords when they’re thinking about the different features to highlight on their property listing. It may not seem important to mention that a property has storage space or a new boiler, but our study shows this could make a difference when prospective buyers and renters are deciding which homes to go and view. 

“It also shows the different priorities that home-movers have – some are in a more fortunate position to be able to consider buying a newly refurbished home, while others want to put their own stamp on a home and do it up from scratch, or they may realise that if they buy now they can spend time doing up the house a room at a time.”

Most in demand features for buyers and renters



Renovation project (incl. fixer upper, in need of refurb etc)

Double glazing

New boiler

Smart technology, such as a smart heating system

Loft conversion

Near station

Storage space

Parking space



Double glazing

New boiler



Chain free



Energy efficient

Near station

Open plan


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  • George Dawes


    Then they move the goalposts with yet another ludicrous epc target and you're back to square 1

  • icon

    Renters are very keen on a low rent, too. That doesn't make the list, but judging by the number of applications that I receive and the number of people who want to rent it is the top priority.

  • icon

    Dawes, give it a rest mate. Why are you always moaning about EPCs and the UK's minimum energy efficiency standard for landlords? We all think you may have some very energy wasteful houses and flats in your portfolio. Is that right? Are you concerned about what the new Labour/Lib Dem government will do about that in May'24? You can tell us - this is a safe space.


    That is rich coming from you Gibbons! You just post the same cr*p all the time. Most on here would block you if we had a block button!

    Richard LeFrak

    Agreed Tricia.

    His preaching is weird, bet he belongs to a cult.


    Speak for yourself Gibbons.

    Who do you mean by we all?

    The Gibbons family?

    It's certainly not the landlords on this site!


    Gibbons... When you say"we all"... You don't speak for me nor probably most of the genuine landlords on here. Why don't you p*ss off and crawl back under your stone. Your comments are boring.


    If you want to click the dislike button, just reply 'dislike'

  • icon

    Gibbons. Give it a rest. Why are you so fixated on not fit for purpose EPC's are you one of their 2 day wonder operatives? We don't all think like you as you presume as your absence of likes on all your comments shows. It's just a pity there is no dislike button to press when you comment.

  • icon

    I wonder how the information was gathered for this report. Did they go by the views on rightmove, I don't think that would be accurate. Did they ask people? Who did they ask? It's not very clear.

  • jeremy clarke

    £29,000 will not go very far when it comes to renovation and, I suspect that if a property needs much renovation, mortgage companies will flinch and start talking about mortgage retentions meaning that many would not be able to proceed anyway!

  • icon

    Well, tenants might want all sorts of things in their dreams, but back in the real world they are struggling to find any property they can afford anywhere near the place they want to live. It might be a buyer's market for property sales, but not for rentals, due to the relentless attacks on landlords via taxation and other current and forthcoming rules and regulations. In particular why do tenants want an attic? as it will only be full of insulation and so they will not be able to put anything up there.


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