Devon Property Hotspots: Where Homes Are Selling Fast

Property Hotspots in Devon

Here are some of the best neighbourhoods in Devon preferred by investors for best property investment returns.

A) Salcombe: A Premium Coastal Gem

Salcombe holds a strong position within Devon’s property market. The current average house price in Salcombe is £809,310 and properties in Salcombe are 104% more expensive than in the rest of South Hams district. This markup shows that the town is popular due to its location and community which is majorly associated with the coastal charm.

B) Shaldon: Seaside Charm with High Demand

Shaldon, a beautiful village which boasts red-sand beaches and a highly energetic population, was recently chosen as one of the best places to live by the sea in the United Kingdom for the year 2024. This location makes a positive contribution toward a generally challenging market for properties, as homes are notably popular among buyers.

C) Exmouth: Eco-Friendly Developments Driving Interest

Exmouth has attracted interest in recent years for its sustainable facilities of the beachfront and consequently, the improved suitability for those interested in sustainability. Many individuals are now very conscious about their way of living and this has made Exmouth one of the best places to live, thus boosting fast sales of properties.

D) North Devon: Upcoming Residential Projects

North Devon is expected to see significant growth in housing, with the council set to deliver 180 new homes in Barnstaple’s Seven Brethren area by 2028 (source: www.bbc.com.) This initiative shows readiness to meet housing demand, which can change the future trends of the housing market in the region.