Norfolk is one of the most sought after locations for a holiday home
We all dream of a perfect little hideaway, somewhere to escape the hustle and bustle of everyday life, but it would seem that idyllic location may be closer than you think. With quaint fishing villages, big beautiful beaches and some of the best fresh produce around, it comes as no surprise that Norfolk is one of the UK’s most sought after holiday home destinations.
The Telegraph recently listed North Norfolk as the third favourite destination for retirees revealing 28.8 per cent of the population are retired. However, it’s not just for those looking to relocate for a quieter life. Research conducted by home insurer Home Protect revealed that the last 12 months has seen almost a 100 per cent increase in the number of people quoting for guesthouses compared to the years between 2013 and 2015 combined!
Norfolk is a prime spot for a second property as a holiday home. Its coastal towns are highly sought after, the Broads are a year round holiday destination, its full of family attractions and tucked away through its market towns and villages are some of the region’s best pubs and restaurants. Add to this great value for money compared to other locations in East Anglia.
Recent stats by Right Move revealed that Norfolk, with an overall average price of £239,419 was 7.5% cheaper than nearby Suffolk (£258,916), 18% cheaper than Cambridgeshire (£291,375) and 28% cheaper than Essex (£334,216). And it seems Blakeney is one of the most popular locations, with approximately 40 per cent of Blakeney properties now second homes or holiday homes according to ft.com.
A quick online search will list hundreds of stylish homes available for holiday rentals. With beautiful interiors, quirky features and prime locations, second home-owners in Norfolk are creating some of the most highly sought after properties in the UK. This was recently celebrated by cottages.com, which awarded 120 properties in East Anglia with its coveted and nationally recongised Customer Choice Award, 96 being in Norfolk and 33 in Suffolk.
A spokesman at Home Protect said: “Investigating further by looking at historical listings on HomeAway.com, we’ve seen that there has been an increase in the listings of holiday homes in Norfolk – one of the most the popular locations for retirement age holiday home owners. With the pound weakening and more Britons choosing staycations in the UK rather than traveling abroad, holiday homes could also be one of the growth industries of the next few years.”
What are you waiting for? Now could be the perfect time to make that second home a reality!