UK Uncovered: Newquay, Cornwall
Nestled on the rugged north coast of Cornwall, Newquay is a quintessential seaside town that has long been a favourite among holidaymakers and surfers alike. With its stunning coastline and vibrant community, Newquay offers a unique blend of laid-back coastal living and dynamic investment potential. In recent years, this charming town has caught the eye of property investors seeking both holiday lets and long-term residential investments. In this article, we explore what makes Newquay an attractive proposition for property investment, from its scenic beauty and lifestyle appeal to its growing property market and robust local economy.
Location and History
Newquay, located on the north Atlantic coast of Cornwall, is known for its breathtaking beaches and dramatic cliffs. Historically, Newquay was a small fishing port, but Newquay's fortunes changed with the advent of the railway in the late 19th century, which opened the town to tourism. Today, it is one of the UK’s most popular coastal destinations, celebrated for its rich maritime heritage, friendly community, and the natural beauty that surrounds it. Newquay is often hailed as the surfing capital of the UK, with world-class waves at Fistral Beach attracting surfers from around the globe. The town’s coastline is dotted with sandy beaches and hidden coves, perfect for both adventure seekers and those looking to relax by the sea. Beyond the beach, Newquay boasts a lively town centre with a variety of shops, restaurants, and bars, as well as a calendar packed with events and festivals that draw visitors year-round.
Transport Links
Newquay is well-connected by both road and air, making it easily accessible for residents and visitors alike. It also has a railway station that connects to the wider national rail network, with direct services to London Paddington during the summer months. Newquay Airport is a key asset for the town, offering flights to major UK cities including London, Manchester, and Edinburgh, as well as some international destinations. This makes Newquay an attractive location not only for holidaymakers but also for those who need to commute regularly for business.
Current Market Trends
According to current market reports, the property market in Newquay has seen significant growth over recent years, driven by the town’s appeal as a lifestyle destination. With its stunning coastal views and relaxed atmosphere, Newquay has become potentially attractive to both homeowners and investors alike. The town offers a diverse range of properties, from modern beachfront apartments to traditional Cornish cottages, catering to a wide range of buyers. Recent data suggests the average house price in Newquay is around £330,000, with coastal properties often commanding a premium.
The strong demand for holiday lets, especially during peak tourist seasons, makes Newquay a favourable option for investors looking to capitalise on the thriving rental market. While investors should be aware of fluctuations in demand, Newquay demonstrates strong, year-round appeal, supported by its growing infrastructure and vibrant community. This enduring popularity positions the town as a potentially resilient and attractive option for both lifestyle buyers and investors seeking long-term growth.
Quality of Life
Newquay offers a lifestyle that is hard to match, combining the best of coastal living with the amenities of a vibrant town. The town’s natural beauty, with its sweeping beaches, rugged cliffs, and scenic countryside, provides a stunning backdrop for outdoor activities. Whether it’s surfing, hiking along the South West Coast Path, or simply enjoying a day at the beach, Newquay’s outdoor offerings are second to none.
The town also has a strong sense of community, with a friendly and welcoming atmosphere that makes it easy for newcomers to feel at home. Local events, such as the annual Newquay Fish Festival and the Boardmasters surf and music festival, bring residents and visitors together, fostering a sense of belonging and community spirit.
Newquay is a location that perfectly balances natural beauty with modern convenience. With its strong community, and growing property market, Newquay offers a wealth of opportunities.
Acorn’s presence in Newquay
Since its inception almost 30 years ago, Acorn Property Group has completed over 125 developments, with a specific focus on the South West of the UK. Since 2006, Acorn has proudly maintained an office in Newquay, deepening its local expertise and connection to this vibrant community.
Acorn has completed a plethora of projects in the area that include a mix of apartments, houses and coastal homes, each designed to complement the natural beauty and heritage of its surroundings. Notable developments such as The Courtyard at Duporth near the picturesque village of Charlestown, and The Liner in Falmouth with south-facing sea views over the award-winning Gyllyngvase Beach, showcase Acorn’s commitment to high-quality, sustainable living spaces.
Acorn’s latest development in Newquay
The Old Timber Yard, one of Acorn’s latest developments within the area, will feature 28 two, three, and four-bedroom houses, offering an exceptional opportunity for all homebuyers alike. Nestled in a prime location, the site enjoys the dual advantages of being within the town, next to the beach, and conveniently close to a shopping centre, cinema, and various restaurants. Positioned just off the main access road into town, it is incredibly easy to reach, making it the perfect location with quick access to Newquay's exit road. The development sits within a cul-de-sac with no through traffic, ensuring peace and privacy, while offering stunning sea and countryside views.
Important Risk Information
YOUR CAPITAL IS AT RISK IF YOU INVEST
Investors should be aware that market conditions can change, and there is no guarantee that this demand will remain high or that investments will yield returns. Investment opportunities available via Acorn Property Invest are exclusively targeted at exempt investors who are experienced, knowledgeable and sophisticated enough to sufficiently understand the risks involved, and who are able to make their own decisions about the suitability of those investment opportunities. All investors should seek independent professional investment and tax advice before deciding to invest. Any historic performance of investment opportunities is NOT a guide or guarantee of future performance and any projections of future performance are not guaranteed. All investment opportunities available via Acorn Property Invest are NOT regulated by the Financial Conduct Authority (FCA) and you will NOT have access to the Financial Services Compensation Scheme (FSCS) and may not have access to the Financial Ombudsman Service (FOS).