Why Eastbourne is an increasingly popular town to invest in property

Why Eastbourne is an increasingly popular town to invest in property
March 23, 2016 Rosie Williams
Eastbourne Pier

Eastbourne is a glorious seaside town nestled in between Hastings and Brighton on the South East coastline, a popular area for city dwellers to escape for a more relaxing way of life. Sadly, these towns are too-often overlooked in favour of bustling Brighton but with increasing house prices and overcrowding, could Eastbourne be getting a second wind?

In a 2013 poll by The Times, Eastbourne was voted the fourth best place to live by the sea in the UK, beating Brighton into ninth place.

Eastbourne Redevelopments

The town has seen a lot of changes over the last few centuries, particularly in the last 50 years when some much needed expansion took place. Most recently, the arrival of the new ‘Sovereign Harbour’ has been very popular with the London folk, both as weekend treats and retirement destinations.

Current plans for an £85 million redevelopment of the Arndale Centre and a major redesign of the town centre roads should help to keep the locals feeling proud of their home town and attract more visitors from further afield. Not only does this create hundreds of jobs, it brings with it a new 9-screen cinema, 7 new restaurants and 22 additional retail units, ensuring Eastbourne is back in competition with neighbouring towns.

Eastbourne is still abundant with fresh sea air, a slower pace of life and is regarded as a pretty safe place for families with both good schools and colleges.

Eastbourne Properties

Choose to live here and be spoilt for your choice of property types; flats, bungalows, cottages, terraces, barns, country houses, whatever suits you and your budget.

The average price a flat fetches at the time of writing is £172k according to RightMove, almost £100,000 cheaper than the neighbouring hipster town of Brighton. In fact, you can get your hands on a semi-detached property for less than the average price of a flat in Brighton!

Don’t be fooled by the low prices though – Eastbourne house prices have risen 11% since 2010 and are still on the increase, indicating a growing interest in Eastbourne as an ideal coastal haven.