The South West’s English Riviera has been named by Rightmove as one of the ten property hotspots of 2022, with the fishing town of Brixham having seen a 25% uplift in asking prices for homes in the past year.
A short drive up the coast, the seaside town of Teignmouth, also a fishing port, languishes on the north bank of the Teign estuary, about 12 miles south of Exeter. Scattered with historic Georgian buildings, a popular seafront promenade and long sandy beaches, property sales in Teignmouth increased by nearly 40% during the past 12 months.
With superb road and rail links readily available, the town is ideal for commuters looking to spend more time working from home.
“We’ve seen a huge demand for homes for sale in and around Teignmouth so far this year. The pandemic has left increasing numbers of people working from home and commuting only occasionally to their office space. The desire to relocate to the coast is strong and Teignmouth has become a hotspot for such home buyers. Who wouldn’t want their own sea view in a thriving town with the beach on their doorstep whilst maintaining easy access to Exeter, Bristol and beyond?” – Ben Winterbotham, Teignmouth Branch Manager, Complete Property
With the average price of a home in the South West now sitting at £289,000, home-hunters continue to outnumber the number of properties on the market, creating a strong market for home vendors to benefit from competition in the marketplace.
People considering selling their home in the area can benefit from a free, no-obligation property appraisal from local agents Complete Property, who can be contacted on 01626 870870. Giving homeowners an accurate idea of what their property might sell for in the current market, this is the first step to take if you’re thinking of selling your home.
With Spring in the air and demand strong, there couldn’t be a better time to come to market.