Salcombe in South Devon is now the most expensive seaside location in Britain, having taken over Sandbanks in Dorset. The average house price in Salcombe is now £670k, and it’s not hard to see why.
Salcombe is idyllically situated in the South Hams district at the mouth of the Kingsbridge Estuary, within the South Devon Area of Outstanding Natural Beauty. Not a true estuary, as there is no river flowing into the sea, but a beautiful tidal inlet with many creeks, superb for sailing and boating activities of all descriptions. There are some small sandy beaches in the area, including North and South Sands a short drive away. The town made it’s fortune from boat and shipbuilding, shipping fruit and other goods, fishing and smuggling. There are still boat yards, but now the main industry is sailing and tourism, but shell fish is still an important business, supplying local shops, restaurants and hotels.
There are many Victorian houses once occupied by wealthy ship builders, smaller cottages for related trades like carpenters and fishermen and converted warehouses and wharf buildings.
Between the world wars the town became well established as a tourist and sailing resort. The Salcombe Sailing Club was founded in 1922. Two popular Regattas are held every year.
The main street has many interesting boutiques and interiors shops, cafes, delis and locally made ice-cream. It is worth walking further and exploring the higher streets for breath taking views of the scenery.
There is a wide variety of house styles and ages to choose from if you wish to make Salcombe your home or purchase a holiday retreat here, with prices ranging from a reasonable £255,000 to £2,95,000 for a 5 bed period former customs house on the waterfront.
Salcombe is an ideal place to retire, mixing with the sailing fraternity and a perfect holiday retreat. House prices are sure to keep rising here, so a good place for a property investment!