Are Energy Efficient Properties Better for Investors?

Legal & General surveyed over 2,000 potential buyers and found that energy efficiency is now a key factor when choosing to buy or rent a home. Over 50% of people said that they would be more likely to search for a property with high energy efficiency ratings. Furthermore, more than a third said that they would be happy to pay an additional cost.

First-time buyers are particularly interested in energy efficiency. Over 60% of first-time buyers said that they would be far more likely to buy a home that is energy efficient. Additionally, over 40% said that they would be willing to pay more for a high EPC rating. This is a positive sign for investors as attracting young professionals to a rental property with high efficiency could be easier due to the high demand.

If an investor is looking to improve the energy efficiency of their property, there are a number of things they can do to improve energy efficiency. This includes installing insulation, double-glazing, and energy-efficient appliances. Property owners can also get a home energy audit to identify areas where they can make improvements.

Making the property more energy efficient is a good investment for both investors looking to sell and landlords looking for tenants. It can save tenants money on their energy bills and reduce their carbon footprint. By improving the efficiency of the property, the investor may be able to command higher rents or increase their capital appreciation.