LOCKDOWN – MARKET REVIEW.
An eerily quiet Bank Holiday weekend here at Seaton with the beach and car park empty under a cloudless sky. We imagine that there will be pent-up demand for those glorious beach days once the Government relaxes the rules on movement.
Despite “lockdown” conditions we are happy to report continuing interest in our property stock from genuine prospective purchasers. This interest is from all quarters including local/regional buyers seeking to upsize or downsize, out of Westcountry buyers looking for a “lifestyle” change and indeed second home owners looking for property to use privately and/or as a holiday let.
Since the official start of lockdown (23rd March) we have received over 50 enquiries for various properties, many of these enquirers have expressed a strong desire to view immediately lockdown restrictions are relaxed. We have managed to agree two sales and have carried out a number of video tours on some of our vacant property stock. It is certainly NOT business as usual but nevertheless this activity points towards future positivity and pent up demand.
You are very welcome to call or email us to discuss any property related matter.
UPDATE 8PM – since writing this piece we agreed the sale on another property and received an offer on another and are confident that a sale will result.