Seaside living: tips for buying a home on the coast

So, if you hear the beach calling, let’s look at how to find the right property, whether you’re seeking a permanent home or a seaside investment.

Research the area in detail

Yes, you might have explored the sandy dunes and lunched in the town centre. But have you spent time in specific residential areas? Considered what traffic is like on a bank holiday weekend? How many tourists amble past during peak season? Seaside towns can vary dramatically from one area to the next, including their noise levels and traffic.

You’ll also want to consider the years ahead. Check the local council’s website for any upcoming developments in the village or town. And, if you’re planning on making changes to a property, look at whether it’s in a conservation area and what planning permissions apply. The more time you invest in research, the greater the chance of finding a home you’ll adore.

Factor in maintenance costs

Their surge in popularity means that around three in ten coastal homes are now selling at or above the asking price with Winkworth. But have you thought about maintenance costs too?

While the salt air and breeze cool you down, the elements can have a less pleasing effect on your property. Consider how well the current owners have cared for the place and how much you might need to budget for maintenance – for example:

• Specialist marine-grade paints and rust treatments can help protect the exterior from salty air and damp
• Roof inspections can identify any loose tiles that need replacing after strong winds
• Regular window cleaning can counter the effects of salty spray on the glass

Be decisive about properties

At Winkworth, coastal homes sell quickly – a typical home finds a buyer in around 12 weeks, and the exchange takes about three months. What’s more, buyer activity peaks in spring and stays strong through the summer.

In short, you need to beat the competition. Look through online listings to see what’s currently on the market, including the size and type of home. For example, bungalows now typically make up more than a quarter of coastal sales. Are you keen for a bungalow or a larger home? Any must-have features? Figure out your priorities so you can act quickly once you find a home you love.

Get ready to:

• Ask the seller any questions about the property
• Know what you can afford so you can put in a well-considered offer
• Show you’re a serious buyer by organising your financial paperwork
• Start researching solicitors and conveyancers

Final thoughts

As many Brits set up home near the coast, buyers face increased competition, especially during the spring and summer. By working with an experienced estate agent who knows the specifics of the local market, you can maximise your chance of finding that heavenly beach pad. Get in touch with your nearest Winkworth office today.