Inside the bungalow capital of Britain
- salmonr
- Dec 23, 2024
- 1 min read
Once a byword for dull, Britain’s one-storey homes are getting a ‘funky’ rebrand....
Fierce bidding wars
Whether or not you buy into the hype, there is no doubt that the bungalow’s appeal has broadened from downsizers to young families, says Carol Peett, of West Wales Property Finders
The SA postcode area, from Swansea west to Pembrokeshire, where she sources homes for clients, has an estimated 34,200 bungalows, accounting for 12pc of all property stock. “While Pembrokeshire has lots of bungalows, many of which were built in the 60s and 70s for retirees in villages quite near the coast, the really sought-after homes are the one-offs not surrounded by lots of other bungalows – these appeal not only to retirees or older people but also to the younger generation,”
Peett says. “This is because they tend to be on large plots with decent gardens and offer scope to extend to accommodate a growing family.” Bungalows right on the coast can be the subject of fierce bidding wars and go on the market for extortionate prices. For instance, a tired 1,670 square foot four-bedroom bungalow with outdated interiors on the beach in the Pembrokeshire village of Saundersfoot recently went on sale at £1.5m. “This is an ambitious price which would have been achieved in the Covid years when the market was totally frenzied, but they may not get that now,” Peett remarks....
The Daily Telegraph - Sunday, 22nd December 2024 -
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