Analysis by The Telegraph and Savills has identified the best all-season seaside spots in Britain based on heightened demand, rising property prices, and a thriving scene all year round
One of the many effects of the Covid-19 pandemic on the UK housing market has been the increased number of people acting on their desire to move to their dream location and for many that’s the coast.
The prospect of a home by the beach, a property within strolling distance to the sea, or an abode on top of a rocky coastline has lured buyers to spend now if they have the budget and they have been doing so in increasing numbers during the pandemic.
And this has increased prices as demand has very quickly outstripped supply.
This has, of course, produced some coastal hotspots – many in Wales – with estate agents Knight Frank stating in The Telegraph that coastal sales across the country were up 19% in 2021 compared to the five-year average.
Within Wales the counties that have felt the strain of the drain of property supply and the sharp increase in average sales price are predominantly the ones with stunning coastlines.
Pembrokeshire, Carmarthenshire, Ceredigion, and the Vale of Glamorgan have set up home in the top five monthly figures from the Office of National Statistics (ONS) that records and publishes average house price increases.
Extensive analysis by The Telegraph and Savills has identified 20 of the best all-season seaside spots in Britain based on heightened demand, rising property prices, and a thriving scene all year round.
Penarth in the Vale of Glamorgan is the only Welsh entry in the top 20 with The Telegraph stating that the town ‘gives families the bright lights of the big city with an outdoorsy coastal retreat’ and good schools can also be a very attractive aspect of the town to lure them to the place.
The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.
Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.
Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
Credit: Source link
