Trends in West Country Holiday Home Market
The demand for buying Holiday Homes in the South West is in rude health. Compared with March and April last year Chartsedge have seen a 3 fold increase in the number of potential buyers registering with them. Miles from Chartsedge said ‘We had a record April and are talking to a lot of very serious buyers who have decided that now is the right time to buy. We have not seen this kind of confidence for many years’
Most of the buyers are primarily looking to use their second home for themselves and their family initially and to then possibly move into in a few years when they retire. One of our buyers’ family have even booked a holiday in the new holiday home this September and his parents have not even exchanged contracts yet! The vast majority of buyers want their new acquisition to earn them some money to cover costs but also look in the long term for a capital uplift on their asset to supplement their retirement income. With prices now starting to creep up many buyers are telling Chartsedge that they feel more confident in the market than they have done for years.
We are also seeing buyers looking for something that is different to the usual apartment or house they want to have a special holiday home they can enjoy that is unusual and fun.
One of the properties that created the most interest recently was a house that has been carved out of the historic manor house at Tehidy Park in Cornwall. The property used to be the conservatory of the manor house. It has a 50ft drawing room with a 20 ft ceiling and the most romantic bedroom we have ever seen. We had buyers flying down from London and Sweden to view the property. The new buyers are even buying our clients’ furniture and are looking forward to holidaying there with their large extended family. Click on pic for more info.
Another property that caused quite a stir with people phoning from France and the Far East is Blissmoor which is in the heart of Dartmoor. Formerly a mine captains’ home and more recently a second home and successful holiday let through Helpful Holidays. It is surrounded by beautiful moorland with the nearest neighbour over a mile away. An artist has bought it as a retreat and for inspiration. Click on pic for more info.
Shipland Plantation on the edge of Dartmoor was seen by a buyer that was really only looking for a traditional farmhouse. She called Chartsedge at 8.15 am on a Saturday morning to arrange a viewing. She fell in love with it as she walked through the door and it was under offer by the afternoon. The property is a single storey Canadian log cabin set in its own grounds overlooking Dartmoor. Click on pic for more info.
One of the most unusual and fun properties we have recently taken on is a houseboat in North Devon, Clouded Yellow, on a lake called Blagdon Water. The boat has 2 berths as well as large summer house and it comes with 2.5 acres of land. We have had people from all over the country showing interest in this unusual holiday home. Click on pic for more info.
Gail from Chartsedge said ‘it is great fun to be involved in some of these unusual properties and we wish we had more’
Here’s hoping for another good Summer.
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