The best locations for new-build availability by the sea

The latest research from Warwick Estates has revealed which coastal locations offer the most new-build availability for those looking to buy by the seaside.

Related topics:  Property
Rozi Jones
2nd September 2021
holiday home 2
"Some coastal favourites are home to a limited level of new-build stock and so the dream of a new-build by the sea isn’t completely out of the question."

Warwick Estates analysed new-build availability across 45 of the best coastal towns across the nation based on the number of new builds available on the current market as a percentage of all properties listed for sale.

The research shows that on average, just 5% of all homes currently listed across coastal locations are new builds.

However, Newquay in Cornwall offers the best chance of a new-build by the sea, with one in five homes currently listed for sale coming via the new homes sector.

Shoreham-by-Sea in the South East is also home to some of the largest levels of coastal new-build availability, with new homes accounting for 12% of all homes currently on the market.

Poole (11%) and Margate (10%) are the only other coastal locations where new-builds account for more than 10% of current for sale stock, while Deal (9%), Exmouth (9%), Scarborough (9%), Herne Bay (8%), Falmouth (8%) and Littlehampton (8%) also make the top 10.

In contrast, there are currently no new-build homes listed for sale in Burnam-on-Sea, Stubbington or Fleetwood.

COO of Warwick Estates, Bethan Griffiths, commented: “The property market DNA of many coastal locations has long been decided and the lack of available space means you will probably be hard-pressed to find a new-build with sea views.

"However, as our research shows, some coastal favourites are home to a limited level of new-build stock and so the dream of a new-build by the sea isn’t completely out of the question.

"While the chances are higher in some areas compared to others, those with their heart set on such a purchase should be able to find a coastal new-build contender in almost every region of the UK market.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.