The seaside town of Felixstowe in Suffolk once had a booming reputation as a popular tourist resort from the late Victorian era through the early part of the twentieth century. While the town had undeniably suffered from underinvestment in more recent decades, new investments and developments are triggering what might be considered a mini-renaissance for the town, making it a much more attractive prospect both as a travel destination and as a desirable place to live.
Felixstowe’s successful regeneration has seen increased footfall and a boost in trade for local businesses, as well as a rise in property prices. The town’s iconic pier, which had fallen into disrepair following World War II, reopened just over a year ago following a multi-million pound redevelopment project, and offers local residents and visitors alike places to eat and drink, as well as a family entertainment centre featuring a bowling alley and arcade machines.
The impressive new pierhead structure is just part of a widespread rejuvenation of both the waterfront and other parts of the town. Renewal projects have included renovation of the seafront Grade-II listed Spa Gardens, the re-opening of the Edwardian era Spa Pavilion theatre, the creation of a leisure and recreation space adjacent to the Martello Park housing development, and the refurbishment and opening of the beachfront Fludyers hotel, bar and restaurant, which also dates back to Edwardian times. Future development plans include proposals for a new leisure centre, the creation of a Business Improvement District, and development of the South Seafront.
Property developments have also played a big part in changing the face of Felixstowe for the twenty-first century. The Martello Park development saw what had been a derelict area of seafront turned into a modern neighbourhood of 97 three-bedroom houses and 30 two-bedroom flats, and there are currently proposals for a new café and restaurant next to the development, which will include a seafront terrace, as well as a meeting space and exhibition area.
Work started earlier this year on another £12.5 million development of 197 homes on farmland off Ferry Road. The properties will include a mix of one-, two-, three- and four-bedroom houses, as well as apartments, and one third of the homes on the 11-acre site will be affordable housing. The development site, which is close to the coast as well as bordering a designated Area of Outstanding Natural Beauty, has been designed to complement its surroundings, including a buffer of trees along the site’s boundary, extensive landscaping and a tree-lined boulevard, as well as a public open space that will incorporate a play area for children.
There has been a more recent proposal for an ambitious “Garden Neighbourhood” development for up to 2,000 new homes to be built on countryside between the Walton bypass, Candlet Road and Gulpher Road. The proposed development – which would extend over the next 18 years – would stretch across 350 acres and, as well as the new homes, would include a new primary school, shops, medical facilities, a leisure centre, and retirement homes including a care home and sheltered complex.
Overall, there’s a lot going on to attract people to Felixstowe. If you’re considering moving to the flourishing seaside town, get in touch with The Mortgage Centres; we can offer impartial, professional advice on the mortgage options to suit your circumstances.