Victorian Seaside Resorts to Come Back into Fashion

Traditional British Victorian seaside resorts have been generally on the decline since the 1970s when mass tourism to Spain and other sunny destinations took hold. The closing of Bullins camps and decline of all but the weekend or day-trippers has lead to very cheap property now being available in some of these “old fashioned” sea-side resorts. Some have prospered with improved communication/transport links to major cities like Blackpool and Southport.

People have always desired to be at the sea for a mixture of fun, kiss me quick decadence, nostalgia, thrills and spills. People have tended to lose their inhibitions at the seaside and it reminds people of their childhood and family. We predict the resurgence of interest in these resorts in the next 15 years as baby boomers retire, and wish to live at the sea-side.

In these resorts where improved communications to major employment centre’s and facilities occur, gentrification should drive up prices, particularly in property with sea/coastal views. I do not believe most UK citizens will want to move to Spain and other Mediterranean countries permanently – they may have a holiday home there, but their desire to be close to their families and friends will keep them in the UK.

Off Plan Investments favours the Fylde coast which holds the best of both worlds for a wide range of tenants, mainly because at the top end you have the idyllic and up market town of Lytham with its host of restaurants and retail therapy, with St. Anne’s as the midway point before you travel down the beach towards Blackpool. Also Blackpool is currently in the midst of mass regeneration in all areas from housing through to leisure facilities and is also set to benefit hugely from Las Vegas style casino’s along the sea-front. Current facilities give Blackpool an all year-round advantage for both holiday makers and foreign work force, so the rental and investment property opportunities are falling in line with increasing demand.

As a final nod to the Fylde coast rich retirees from Manchester, Liverpool and Lancashire will want to have apartments close to these facilities and the beautiful sea views on offer, employment would improve and Blackpool is one of the gay centres for the UK – all these should support prices and more regeneration plans.

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