Why Newquay is popular with home buyers
One of the ‘hottest seller’s market’ in the UK according to the property marketplace platform ‘Rightmove’ is Newquay. With 82% of all properties put up for sale already sold, there is no denying Newquay is a hot micromarket.
When we travelled to Perranporth on a family holiday, we visited Newquay Zoo. As a visitor in the area, I did not have any idea the Newquay property market was that hot.
One of the reasons for the high demand is the work from home factor. Due to the pandemic, people have looked to relocate towards the countryside and coastal areas as working from home become the new norm.
A lot of people have been asking the question, why is Newquay named UK’s ‘hottest seller’s market’ with homes selling like hotcakes?
In this article, I want to shed a little bit of light on why the Newquay property market is hot.
Cornwall Factor
Cornwall’s beauty, charm and culture have been almost a secret until recently.
Today, one of the most sort after areas to live in the UK is Cornwall. Thanks to the activities of companies, tourist organizations and TV programmes like Poldark and Doc Martin, Newquay’s popularity have undergone a resurgence. The housing market in Cornwall has then been boosted as a result.
Newquay is located in the county of Cornwall which is the most westerly in all of the UK. It is worth mentioning that Cornwall boasts of both the most southerly and westerly points on mainland Britain at Land’s End and Lizard Point.
The popularity of Cornwall makes the majority of the settlements within it a very attractive location for people to live.
Pandemic Impact
The coronavirus pandemic in 2020 now makes people rethink the location they live in.
There is now a huge demand for countryside and coastal living. A lot of people are now thinking about rural locations and coastal towns and villages like Newquay as a place to live. This is due to the fact that there is an increase in the number of employers who now allow their staffs to work remotely. Proximity to work is no longer an issue in this new age when you can literally have your laptop by your bedside and be working.
Another reason highlighted by The Times is a weaker pound and uncertain overseas travel. This limitation has encouraged people to purchase second homes in the UK rather than buying holiday homes abroad.
Tourism and Seaside
When people are looking for holiday location in the UK, Cornwall is usually mentioned because of the abundance of world-class beaches and unspoiled coast path walks.
I have been to Cornwall and I know the beaches are really lovely. This ensures its status as a Mecca for families, surfers and people seeking work-life balance.
Actually, there are eight sandy beaches in Newquay, so the choice is yours really. Adding to this is the fact that Watergate Bay, Crantock, Holywell Bay, and Mawgan Porth are all within short driving distance.
With Newquay Zoo, you also have tourist attractions that will bring a lot of people to the area. I remember we visited the zoo when we travelled to Perranporth which is not far from Newquay.
Newquay is a tourist destination and this also means a lot of people will be looking at this location to buy either a holiday home or a property that can be used for buy to let or holiday let like Airbnb.
Transport
The Times highlighted improved accessibility as a big factor in opening up Cornwall to the rest of the UK.
There is a good transport system in the town which will make it easier for the residents to be able to easily commute.
The bus service is regular and there is a train station with train services to various locations including Newquay to London Paddington line.
Newquay Cornwall Airport is an advantage to the area. The airport offers daily flights to and from London-Gatwick, Manchester and St Mary’s. There are also seasonal flights to and from Liverpool, Belfast-City, Birmingham, Edinburgh, London-Southend, Newcastle open Tyne and Düsseldorf.
Leisure and Entertainment
Being one of the nation’s favourite seaside towns, it is quite obvious that Newquay will be brimming with activities and things to do.
There are world championship events regularly taking place in Newquay because it is regarded as one of the finest surfing destinations.
Newquay Waterworld & Fitness and the Newquay Sports & Community Centre are one of the most popular sports and leisure centres in Newquay. Other Honorary mentions are Oasis Fun Pool and Trenance Crazy Golf.
When thinking about Newquay attractions, the beautiful beaches, Newquay zoo, Huer’s hut, blue reef aquarium, the Gannel, Newquay Harbour, Trenance gardens and boating lake come to mind.
There are also a number of watersports you can find in places like Retallack Aqua Park, Aqua Park, Cornwall Waverunner Safaris and different surf schools.
The entertainment scene in Newquay shifts from cinema to Lane Theater and pubs and cafes. There are also events happening all through the year, examples are the Boardmasters Festival, July’s yearly Newquay Carnival Week, Septembers Newquay Fish Festival and several entertaining charity events.
Newquay provides opportunities for the residents to live a good quality life.
You can find some of the best things to do in Newquay here.
Final Thoughts
The popularity of Newquay, Cornwall is no coincidence really. It is even somewhat a surprise that it has gone this long being underrated. A coastal town brimming with that much activity and poshness could only be overlooked for so long. Perhaps the pandemic is the biggest player in the reemergence of this beautiful coastal town.
Newquay is one of the hottest property markets in the UK today and it is very easy to see why.
