A good range of local pubs or eateries coupled with quality local schools is the driving force behind solid house prices in most regions, say the people behind first-time buyer news site FirstRungNow.com.
Helen Adams, managing director of the website, believes that being able to wine and dine locally in a hip and trendy setting gives a great boost to property values.
She said: "Schools are important and people do move to areas for schools, but also if there's a thriving social life - restaurants, cafes and bars - that can also keep prices up too."
Ms Adams added that smaller towns and regions that have good commuter links to big cities such as London will always perform well no matter what the market conditions are at the time.
With that in mind, it is probably advised that those planning on purchasing a property check out the quality of the pubs and restaurants, while those of you looking to buy a pub should investigate the area's local amenities, schools and transport links.
Gastro pubs in particular remain a sound investment, with the All Party Parliamentary Beer Group stating last week that food sales are good way for any licensed premises to make money.
London House Price News
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment