Location is still king

Property
Property

Who wouldn’t want to live in an idyllic place, such as in one of Britain’s thirteen national parks, in a location named as one of the country’s 46 Areas of Outstanding Natural Beauty?

Who wouldn’t want to wake up every day to stunning views and the tranquil sounds of the countryside?

Can you imagine having your morning coffee while gazing out at the sun just rising up from wooded hills—and winding up for the day with a glass of wine watching the sun setting on an unlimited view of the sea?

Among the specific regions where you could enjoy these ideal locations are of course in the South Downs National Park and the Chichester Harbour Area of Outstanding Natural Beauty.

However, as market dictates, the luxury of stunning views comes at a premium, with such homes costing far more than outside those regions.

There’s also a natural lack of supply of these prime homes because of the areas’ development restrictions.

Jonny Crow, sales manager at Hancock Lettings and Estate Agents, explains the reasons why location is still king: “Despite the daunting prices of homes in the area, many buyers are not deterred in their drive to find and purchase their dream home.

“In fact, recent data from the Halifax Housing Market Confidence Tracker shows that 56 per cent of Britons believe this year is still a good time to buy a house.”

Since last year, many are still pursuing investments in the South Downs, Chichester, and other picturesque areas of West Sussex.

For instance, in September 2014, a two bedroom semi-detached cottage in Lavant, which had a small garden and no parking, sold for £299,000, while surrounding properties beyond the South Downs National Park sold for around £210,000 to 250,000.

The estate agent that closed the property deal explained that the reason for the big difference in price was purely down to location.

These market conditions, of course, can be challenging for some buyers.

Younger individuals, especially, might find it more difficult to step onto the property ladder and find a place that suits their ideal home and budget.

While saving for the deposit on the house, they might find it necessary to rent while they build their funds, or even share rental payments with someone else.

It’s important for any buyer to realise that, whenever ready, they should work with a reputable local firm, which can help them identify houses for sale in Chichester and other areas in West Sussex until they find the right home.

The professional agents will know the neighbourhood that will be right for you, along with the special attributes you’re looking for.

They can help you negotiate the best price for the property, and guide you through every step of the process until the house keys are handed over to you.

For more information contact Hancock and Partners, 5 Northgate, Chichester. Telephone 01243 531111.