Findings from leading property agents, Savills, has revealed downsizers are increasingly viewing accessibility as the most important factor when relocating from their family home – dispelling the notion retirees set their minds on a country retreat.

Independent property developer Dundas has experienced an increase in the trend, with interest from over 60s up 35% since the start of the year.

According to the Livingston-based firm, 20% of all enquiries have been driven by potential buyers looking to downsize – with The Wireworks development in Musselburgh generating the most interest.

Head of sales and marketing at Dundas, Craig Fairfoull, said: “Over the first quarter of 2023, we have noticed a stark increase in downsizers looking to purchase homes that fit their needs for accessibility, with proximity to shops and bars, theatres and galleries a catalyst in making the switch from their larger family homes.

“Musselburgh lends itself perfectly to this trend, with excellent transport links to Edinburgh’s city centre and a plethora of convenient amenities and facilities in the town. As a result, we have experienced an increase in enquiries for our development, The Wireworks.

“Our development is in the ideal location for those wanting to downsize, with specially designed, high-quality one-, two- and three-bedroom apartments that create a home with low maintenance, helping buyers to enjoy life without the hassle of upkeeping a larger home.”

Savills’ research also found energy usage to be a key concern for downsizers with new builds in Scotland saving on average more than a quarter on energy costs compared to second-hand properties.