Mortgage advice Bristol

A closer look at the Weston-super-Mare property market

At Your Space Mortgages we work hard to help clients find the perfect deals. As a whole market broker, we can give them access to more lenders. This gives them a better chance to find the right deal. It also makes us one of the best people to ask for mortgage advice in Bristol.

A lot of people come to us for advice about local areas as well as mortgages. We are happy to share our knowledge and can offer lots of useful tips.

Weston-super-Mare property market

One of the areas near to Bristol that has become very popular recently is Weston-super-Mare. The seaside town has a lot to offer, including a lovely seafront with nice beaches, cultural venues like the Playhouse and Winter Gardens, and several museums. It is a really good location for a staycation, so the area sees a big jump in visitor numbers in the summer.

Average house prices

According to Zoopla, the average property price in Weston-Super-Mare in April 2021 was £249,825. This is an impressive increase of 11.32% in the last 12 months. That shows how popular the town has become.

In terms of property types, the highest values are for detached homes. These can be over £100,000 more valuable than the average price. Terrace house sell for an average closer to £234,500. Flats sell for an average of £178,899.

Investment property

Because Weston-super-Mare is such a hotspot for tourists, it can be a good option for an investment property. Even out of holiday season, the number of great restaurants, attractions, and education and training facilities make it a good choice for investors. There have also been some exciting investments in the town. This includes projects by the Arts Council at Tropicana.

Rental market

The average rental price per calendar month in Weston-super-Mare is £800. There are lots of different options for renting, including flats, apartments, and family size homes. One and two bedroom properties are the most common, but there are some properties with 3+. These rates mean buy to let investors could be looking at some really healthy yields.

Come to us for mortgage advice in Bristol and surrounding areas

Your Space Mortgages is one of the most approachable independent mortgage brokers in the area. We want to ensure every single client has the best experience. That is why we are available to offer support, recommendations, and more.

So, if you ever need mortgage advice in Bristol or local towns or villages, please contact us. You can also find out more on our website.