When investing in a property, you are not only buying bricks and mortar, but also the immediate surroundings, which are significantly influenced by your neighbours. Having good neighbours is one of the key factors to selling you’re house and boost its value, whilst bad neighbours can knock as much as 10% off the price.
Upon buying, it’s worth enquiring about a seller’s relationship with the neighbours, and sellers should always be transparent when answering a buyer’s inquiries, as an omission can lead to problems. If a neighbour’s property looks untidy and unkept it may put off potential buyers.
The following pointers might help you avoid future problems with potential neighbours
Tidy, friendly and courteous neighbours will undoubtedly contribute to a more pleasant living environment, so a little research before you buy can pay dividends and add not only to your enjoyment of your new home, but also to its value.