Agree that you need a small town or busy village with the transport links for you to get to your children and vice versa. If one is north and the other south I 'd go further north as property will be a better price though it is likely to be cooler!
Coast is lovely but there are pretty non coastal towns and villages too.
For example en.wikipedia.org/wiki/Crick,_Northamptonshire
I had an elderly aunt who lived here. Not sure what buses are available now..but close to M1 for shooting north or south! It was a convenient place!
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