Whitley Bay Having Lockdown Victorian Property Boom

Once a coal-mining town, and then a Victorian seaside holiday resort, Whitley Bay in North Tyneside has again become one of the country’s most sought after coastal locations, according to a survey from property website Rightmove.

Chronicle Live reports that the historic town is the UK’s second most desired seaside location, following a huge surge in enquiries and interest since the beginning of the easing of the coronavirus lockdown.

Experts are saying this is likely due to buyers considering a change in lifestyle following an unprecedented start to 2020, and are now planning staycation options, as foreign travel continues to be uncertain for some time.

Local estate agents say that the interest is coming from arrivals from other areas of the UK who are buying up Victorian second properties.

Susan Usher, branch manager of Your Move in Whitley Bay, said: “The regeneration of Whitley Bay in recent years has brought people back who lived here in the past. It’s also very popular with younger families as they can send their children to outstanding schools and have beautiful beaches on their doorstep.

“It’s been quite staggering the number of applicants we’ve had in recent weeks, with a number of properties going for above-asking prices, both for luxury apartments and lovely Victorian homes.”

Commenting on Rightmove’s findings, Nick Henderson, director of Hendersons estate agents in Whitby said: “Since we reopened a few weeks ago we’ve been selling bigger homes a lot more quickly than before, as families are changing the way they live and are swapping a 10-minute commute into the office for a 10-minute walk to the beach instead.

“Holiday homes have always been popular, often apartments or cottages that have been refurbished to an incredibly high spec, but again there’s been a surge in recent weeks for these as people choose to make an investment now so they have somewhere for a staycation over the next few years instead of going abroad.”

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