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Homes near Water are the South West's Finest Assets says Knight Frank

PUBLISHED: 21:30 10 April 2011 | UPDATED: 19:10 20 February 2013

Beach House Quay in East Portlemouth

Beach House Quay in East Portlemouth

We've all heard the established mantra 'location, location, location'. Well it now seems that houses close to the waterfront, can sell for up to 100% more than a similar inland property - Knight Franks's Sandy Davenport reports.

Weve all heard the established mantra location, location, location. Well it now seems that houses close to the waterfront, particularly where a quay or dock for your boat are involved, can sell for up to 100% more than a similar inland property.

Sandy Davenport has worked for Knight Franks Exeter office for over 13 years as Partner and Head of Waterfront and even she is astonished at the gulf of value now opening up between coastal and inland properties. She says, A house such as Beach House Quay in East Portlemouth with its private quay, boat slip and direct access to the sandy beach make the house highly sought after and its water that is the key factor in determining the price. Youre buying a view and a lifestyle of which most people can only dream.

Half a mile to Salcombe by boat and a mere 30 second stroll to the nearby ferry make Beach House Quay arguably the best positioned waterfront house in the West Country and an admirable example of how proximity to water dramatically affects the value.

Sandy, an avid sailor, has an in-depth knowledge of coastal and waterfront properties along the world famous South West coastline. She adds, Knight Franks Waterfront Department deals with the very best houses in the region and Salcombe is a highly desirable location. Its on the highly sought after south Devon coast, near breathtakingly beautiful Dartmouth and idyllic Newton Ferrers. Many of our buyers are looking for their dream property in Devon and a waterside location is high on the brief.

The beautiful and chic estuary town of Salcombe has a spectacular coastline and is a famous yachting centre providing the perfect cruising base from which to explore the south coast, the Channel Islands and even France. This attracts buyers from London and further afield and Knight Frank is finding that even in this economic climate, the value of water still has a powerful pull, holding prices to very high levels. We are fortunate to have such a long and beautiful coastline in Devon, says Sandy, Id love a waterfront property myself and would certainly see any property near water as a good investment.

Contact: Sandy Davenport 01392-423111 07831-576633 sandy.davenport@knightfrank.com

About Knight Frank:

Knight Frank estate agents are widely regarded as market leaders for high quality commercial and residential property in London and throughout the UK.

Renowned for applying the highest standards of quality and integrity in all our property services, our reputation for uncompromising professionalism in everything we do is earned day in and day out by serving our clients and earning their trust.

Were passionate about property and are professional in everything we do, which is why we are the worlds largest privately owned global property agency and consultancy.

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