Norfolk is lucky enough to boast some of the most beautiful stretches of coast in the UK. Sandy beaches, charming fishing villages and protected areas dot the region, giving locals and visitors plenty to explore and enjoy. As a result, the county’s coast is enduringly popular with investors, with some popular seaside towns seeing significant interest from both national and international buyers.
However, unlike some other regions of the UK, Norfolk’s inland areas can compete with its coast when it comes to charm, variety and investment opportunity. Norwich is currently one of the most exciting and vibrant emerging cities in the country, attracting thousands of people every year with its university, vibrant cultural venues and characterful centre.
With so much on offer deciding whether to invest in the city or seaside can be a challenge. To help you decide where to put your money, we’re taking a look at the benefits of coast and country.
Towns and cities
Norfolk’s towns and cities are perfect for investors of all types. In Norwich, you’ll find a wealth of student accommodation available to purchase, as well as a number of period properties, modern developments and commercial opportunities. The tech scene in Norwich has been thriving in recent years, attracting many workers from London and boosting property prices in the area.
Another major benefit of investing in Norfolk’s urban areas is the transport links. Fast rail connections to London make the county popular with commuters, something that’s likely to drive prices up in the coming years as workers look for more affordable places to live outside of the capital. Norwich, Downham Market and King’s Lynn are among the best connected locations.
Thanks to its stunning natural beauty, the Norfolk coast has been attracting investors for generations. In the past few years, the popularity of the region has skyrocketed, with buyers from London and further afield snapping up many of Norfolk’s coastal properties.
In general, investors will find fewer large scale developments in coastal regions. Instead, there is more scope for investing in holiday properties, period properties and other smaller scale opportunities.
With all parts of Norfolk showing strong growth, every part of the county offers excellent opportunities for investors. Whether you’re looking to develop a building plot, convert an existing building or get a large scale project off the ground, the county has plenty to offer both on the coast and in urban areas.
To find out more, get in touch with a member of our team today or take a look around our site.
To find out more about the local and national property market, or if you would like to chat about anything to do with property investment, give us a ring on Norwich 01603 567804 or send us a message.
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