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Waterfront View Showcasing Over 60 of the Best Coastal and Riverside Properties from the UK and Around the World

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Waterfront View Showcasing over 60 of the best coastal and riverside properties from the UK and around the world. ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW PAGE: 3 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 22.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 Totally immersed in our work Offering the best waterside valuation advice Our Residential Valuations & Consultancy teams’ experience is second to none. We produce comprehensive valuation reports for a variety of purposes: • Taxation • Litigation • Loan security • Feasibility studies • Asset potential To discuss how we can help, contact: West Country & South Coast [email protected] +44 (0)1392 848 835 London & South East [email protected] +44 (0)20 7861 1075 International [email protected] +44 (0)1789 297 735 ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW PAGE: 4 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 22.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 Waterfront View 2012/2013 CONTENTS & WELCOME FEATURES elcome to Waterfront View Knight Frank’s global network of 2012. I hope you will enjoy offices means that our waterfront team reading this year’s edition, has access to buyers from all walks of SLIPWAY W in which we have over 60 pages of prime life, both within the UK and from abroad. properties along with some interesting For some it is a flight towards the PRIVATE BEACH articles and analysis. relatively secure sterling currency, SEA ACCESS whilst others have been looking in areas VIEW Our specialist waterfront team has such as the South of France and have 4 grown from strength to strength in the past now decided to move their search to UK 12 months, firmly establishing itself as a The Waterfront Factor waterfront properties. The flow of buyers MOORING world-class leader in lifestyle property. from London is also strong, with many Looking back over the past four years, looking for a change in lifestyle. The the national waterfront market fared strong central London property market better than their land-locked neighbours, JETTY coupled with the weak pound continues and early indications in 2012 suggest to attract a good level of overseas buyers. that there is stronger buyer sentiment If you would like to speak to us about PONTOON than there was at any stage in 2011. 46 marketing your waterfront home, or are Over the past 12 months Knight Frank A Welcombe Home interested in any of the properties has tried to quantify the “waterfront contained within this magazine, please wow factor” that underpins this do not hesitate to get in touch with a magazine and has measured the extent member of the team. to which waterfront properties attract higher prices than their non-waterfront counterparts. As a result of this, Knight Frank is proud to include, for the first 78 time within this magazine, our new Christopher Bailey Residential Services Prime Waterfront Index. Vicki Shiel, from our Residential Research department, Head of National Waterfront highlights our findings in the Waterfront Factor article on page 4. properties Waterfront buyers do not fit into any particular category. They share one 6 Coastal passion and can be drawn to the water at any stage in their life. For some, 48 Riverside the waterfront property is a second home and will always remain so; for others it is a useful source of rental 64 International income and provides a second home for discreet periods of the year. However, for many looking to buy, Sold 75 the property will be their main residence – chosen for their love of the water. In each case, the waterfront buyer is prepared to pay a premium for the privilege of owning a riverside or coastal property. Written and published by Knight Frank: While every effort has been made to ensure the accuracy of the information contained in this report, the publisher cannot accept responsibility for any errors it may contain. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of Knight Frank LLP. KnightFrank.com u 5 ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW3 PAGE: 5 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 27.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 WATERFRONT VIEW Established Hot Spots EstUARY 1 Rock 2 Padstow 3 Salcombe 4 Newton Ferrers 5 Noss Mayo 6 Beaulieu River Estuary 7 Burnham Overy Staithe 8 Hamble 28 Polzeath, daymer Bay, Trebetherick HARBOUR 9 Poole 10 Chichester the 11 Christchurch 12 St Mawes 13 Porthleven 14 Keyhaven waterfront 15 Cowes 16 Abersoch RiVER 17 River Test factor 18 River Itchen 19 River Meon Knight Frank has just launched its first Prime Waterfront Property Index. 20 River Kennet Vicki Shiel looks at the results and sheds some light on the premium 21 River Helford 22 Henley prices being achieved. 23 Marlow 24 Bray 25 Sonning 26 Wargrave 27 London’s Southbank (Nine Elms, Vauxhall, Battersea, and Albert Embankment) 62 East Anglia COAstAL It is no surprise that waterfront properties 1 Rock 29 Sandbanks command higher prices than their inland property features 30 Putsborough counterparts – for many people the lifestyle and average uplift 31 Blackpool Sands offered by a house on the coast, river or in value 32 Brancaster, Brancaster Staithe lake is simply unbeatable. With a growing 33 Holme-next-the-Sea number of people opting for a ‘staycation’ 34 Blakeney instead of a holiday abroad, their appeal 7 Burnham Overy Staithe 35 Burnham Market is likely to grow even further. 36 Studland Bay In an effort to measure just how much 37 Lulworth Cove extra value a watery location can add 38 Bridport 39 Lyme Regis to a property, Knight Frank’s Residential Slipway 40 Southwold Research department created a new Prime 41 Aldeburgh Waterfront Property Index, and the first 42 Seaview, Bembridge results are in*. private 43 Lymington beach 44 Argyllshire Across the board, prime waterfront sea access 45 Elie properties in the UK are worth an average view of 56% more than their inland equivalents. LAkesiDE Those situated on the edge of estuaries 46 Loch Lomond 47 Bewl Water command the largest premium, with an 48 Grasmere average uplift of 85%, while special features, mooring 49 Windermere such as private slipways and pontoons, can 50 Ullswater often double the value of a home. According 51 derwent Water to Christopher Bailey, Head of Knight Frank’s 52 Coniston Water Waterfront team, it is even possible for 63 Lake district premiums of up to 300% to be achieved. jetty FUTURE HOT SPOTS Here we take a look at the index results in 53 Torquay more detail, pinpoint some area hotspots, 54 Tenby pontoon 55 Pembroke and, over the page, where our agents have 56 Treaddour Bay experienced sales that really demonstrated 57 Wells-Next-The-Sea the waterfront factor. 58 Stiffkey 59 Morston *Index results reflect prices in Q1 2012 60 Orford 6 u KnightFrank.com ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW3 PAGE: 6 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 27.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 RESEARCH & INSIGHT property situation and average uplift in value COASTAL 44 45 % 46 52 LAKESIDE 28% 50 51 48 ESTUARY 63 49 RIVERSIDE % % 85 31 47 56 32 57 7 33 35 58 59 16 40 FUTURE 41 HOT 62 60 SPOTS 34 55 54 23 22 24 27 25 26 20 30 47 18 19 17 6 8 11 43 10 14 38 29 39 9 36 15 28 37 42 1 2 53 4 5 3 HARBOUR TORQUAY 12 With a new link road on the way the area 13 21 is set to become more accessible. 78% KnightFrank.com u 7 ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW3 PAGE: 7 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 27.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 WATERFRONT VIEW 8 u KnightFrank.com ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW3 PAGE: 8 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 27.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 COASTAL Beaulieu River, Hampshire The Tukal A truly superb estuary position. • 5 reception rooms • 5 bedroom suites • Cinema room • Rose terrace • Indoor swimming pool • 2 guest apartments • Slipway and 60 ft pontoon Guide price £12,000,000 James Crawford, Country department +44 (0)20 7861 1065 [email protected] Andrew Rome, Winchester Office +44 (0)1962 850 333 [email protected] KnightFrank.com u 9 ProoF: SMART JOB NO: 05250 ORDER NO: ApproVED: CLIENT: KNIGHT FRANK SUBJECT: WATERFRONT BROCHURe – jUNE 2012 Production MAnager: PUBLICATION: N/A BOOKED SIZE: 297x210mm DOC NAME: 05250KFCZ_WATERFRONT_AW3 PAGE: 9 FINAL SIGN OFF: ArtWork SIZE: 297x210mm DATE: 27.06.12 87 Charterhouse street • London eC1M 6hJ • teL +44 (0)20 7324 1060 WATERFRONT VIEW Port Isaac, Cornwall Lower Hendra Farm Rural living with coastal views and lifestyle.
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