Demand for coastal Cornish homes shows no sign of slowing: despite a return to work and focus on city pads, Padstow and other coastal communities continue to feel the heat of buyer interest, even for homes not yet built.
‘Off-plan’ sales, more readily associated with large urban developments, are also picking up
the pace in Cornwall, as the uplift in market values and activity is also sending ripples out
to neighbouring Devon.
Cornwall-based housebuilder Acorn Blue, part of Acorn Property Group, has revealed that Cornwall remains one of the most sought-after locations for its new homes, with two of its contemporary developments, Treglos in Constantine Bay, and The Padstow Collection in Padstow, seeing significant sales off-plan (before the homes are completed), with buyers keen to purchase early in order to secure their preferred property in the respective location.
In 2021, Rightmove reported a 140% increase in home-seekers searching for Cornish
properties, with 15 million users searching in the first quarter compared to six million the
year before. Having long been a sought-after location for property, Covid-19 lockdowns led
to more buyers then ever wanting access to outside space, outstanding natural environments and a more rural lifestyle, with Cornwall being the top choice.
As living by the coast has been proven to provide health benefits, with those living there invariably rating their own health, both physical and mental, more highly, it is not surprising that coastal living is firmly in vogue.
Acorn has a portfolio of unique developments across Cornwall and the south west and has
seen unprecedented numbers of enquiries specifically for developments located in Cornwall, even when only initial computer generated images (CGIs) were available for prospective buyers to view, long before completion.
Treglos at Constantine Bay offers a beautiful collection of twenty contemporary apartments, duplexes and penthouses alongside eight 3- and 4-bedroom houses with fantastic sea views. Located on the site of the former Treglos Hotel, the new development is positioned within walking distance of the spectacular golden sand of Constantine Bay and only four miles west of lifestyle hotspot Padstow.
Following incredible off-plan demand for the first phase, the second phase was 60% sold even before construction began, and now has only one property remaining.
Located in Padstow, just moments from the sought-after harbour, Acorn’s recent sales release of The Padstow Collection has also proved hugely popular, with 90% of the scheme having been reserved off-plan. The exclusive collection of just ten 2- and 3-bedroom homes across three buildings will be finished to a luxurious specification and benefit from allocated parking and private outdoor space: a definite boon for homes in this busy town. With views over the Camel Estuary, homes here are perfectly located for enjoying Padstow, nearby Rock, and the spectacular Cornish countryside.
Both developments have great sustainability features too, key for many buyers in Cornwall, who are increasingly prioritising green features when purchasing a new home. At both developments ground source heat pumps will provide the homes with heating and hot water, made all the more efficient by the use of high performance triple glazed windows. Cabling for the future electric vehicle charging points will also be installed. The developments each have enhanced U-values (the measure of heat loss) and air tightness, all helping to reduce running costs and carbon footprint.
Stuart Brereton MRICS, regional managing director and land director for Acorn Blue, said:
“We are delighted with the buyer demand for Treglos and The Padstow Collection, both of which are very exciting new developments in prime locations.
“More than ever, Cornwall is a sought-after location for a new home with demand outstripping supply. We are committed to a holistic approach to development, with our projects chosen for thoughtful design and outstanding locations, and this has translated into buyers keen to reserve their dream homes when only preliminary details are available and before construction has even begun.”
Both Treglos in Constantine Bay and The Padstow Collection in Padstow have just one
2 bedroom apartment remaining each priced at £725,000.
For further information please visit www.acornpropertygroup.org or telephone
01637 876000
