Seaside investment hotspots revealed

Seaside investment hotspots revealed


Todays other news
Average annual rental income has reached a record £89,000 as...
Student landlords are selling up in record numbers as rising...
The Renters’ Rights Act is reshaping pricing, due diligence and...
flatfair and Flaties have partnered to help international students and...

Coastal living analysis shows investors do like to be beside the seaside

The seaside investment hotspots where prices are rising the fastest have been revealed, with Bootle in Merseyside seeing the biggest increase in average asking prices up 11% year-on-year, followed by Crosby in Liverpool (up 9%) and Penarth in South Glamorgan (up 9%).

Llantwit Major in South Glamorgan (up 8%) and Llanelli in Carmarthenshire (up 7%) are also witnessing strong price increases, according to the analysis from Rightmove.

Despite the added attraction of living by the coast, the research also showed that seaside investments are relatively affordable, with more than 80% of the 100 coastal locations analysed having an average asking price below the national average (£378,304).

The cheapest seaside investment hotspot is in Peterlee in Country Durham, with an average asking price of £120,657. That contrasts with Sandbanks in Poole, which, with an average asking price of £1,119,945, is the most expensive.

A wider range of options

Colleen Babcock, Rightmove’s property expert, said the research showed that demand for coastal homes remains resilient, even as overall price growth across the UK remains more modest. 

“While some locations are seeing strong price increases, there are still many areas where living by the sea is more affordable, giving buyers a wider range of options depending on their budget,” she said.

Mary-Lou Press, president of NAEA Propertymark (National Association of Estate Agents), said such locations offer better value for money than larger cities and commuter hotspots. “What stands out in this data is that many of the fastest-growing seaside markets remain relatively affordable, especially in parts of the North West and Wales. For many buyers, these areas can offer a balance of lifestyle, space and value.

However, she warned investors to consider all factors. “We’re continuing to see demand driven by flexible working and buyers reassessing where they want to live, but consumers should look beyond headline price growth and also consider factors such as transport links, local jobs, flood risk and ongoing housing costs.”

 Fastest-growing seaside hotspots for price 

 Coastal Town Gov Region Average Price Average Price YOY 
Bootle, Merseyside North West £141,680 11% 
Crosby, Liverpool, Merseyside North West £330,900 9% 
Penarth, South Glamorgan, Vale Of Glamorgan Wales £433,081 8% 
Llantwit Major, South Glamorgan, Vale Of Glamorgan, The Wales £340,033 8% 
Llanelli, Carmarthenshire, Mid Wales Wales £201,570 7% 
Wallasey, Merseyside North West £200,753 7% 
Bangor, Gwynedd Wales £220,622 7% 
Porthcawl, South Glamorgan, Bridgend (County of) Wales £359,412 6% 
Barrow-In-Furness, Cumbria North West £185,169 6% 
Helensburgh, Dunbartonshire Scotland £247,953 6% 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Chestertons Global has expanded into Marbella through a new partnership...
Mixed-use property listings reach £1.8bn across England, with London and...
Hertfordshire records the strongest annual house value growth among areas...
Homesearch says AI-driven property search is transforming buyer behaviour and...
London agents report a shift by investors...
The rejection is the first retreat from more punitive red...
Recommended for you
Latest Features
Average annual rental income has reached a record £89,000 as...
Student landlords are selling up in record numbers as rising...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

0
Would love your thoughts, please comment.x
()
x