1-bedroom flat · TR7 2BP
Listing removedReduced £5k (−3.3%) on 9 JulListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A stunning south-facing one-bedroom apartment. Featuring A generous “sun trap” private balcony and the added benefit of off-street parking.
St George’s Apartments occupies an enviable elevated position on the fringes of Newquay town centre, offering a boutique development of just nine contemporary apartments with far-reaching outlooks across the town.
Flat 6 is an exceptional south-facing apartment, quietly positioned to the rear of the building and enjoying an impressive sense of light and privacy.
The property’s standout feature is the expansive 24-foot private balcony, seamlessly accessed from the open-plan living, kitchen and dining area - an ideal space for entertaining or relaxing in the sun.
The open-plan living area is thoughtfully designed and incorporates a modern fitted kitchen, finished with high-gloss cabinetry, tiled splashbacks, an integrated oven and space for an under-counter fridge/freezer.
The accommodation is completed by a generous double bedroom and a well-appointed bathroom, finished to a high standard with a contemporary white suite, bath with shower over, and a window providing natural light and ventilation.
Further benefits include gas-fired central heating and UPVC double glazing throughout, ensuring comfort and efficiency year-round.
Externally, the property enjoys the convenience of an allocated parking space to the rear.
The apartment is held on the remainder of a 125-year lease, with a combined ground rent and service charge of approximately £1,750 per annum.
Offered to the market chain-free, Flat 6 represents an excellent opportunity for first-time buyers or investors alike.
Early viewing is strongly recommended to fully appreciate the quality, space, and location on offer.
Find me using WHAT3WORDS: Applauded.happy.protected EPC Rating: C Lounge/Diner/Kitchen (5.03m x 3.23m) Bedroom (2.57m x 2.52m) Bathroom (2.52m x 1.37m) Balcony (7.49m x 2.85m) Parking - Allocated Parking Disclaimer Dmcc Act: We have not tested any fixtures, fittings or services, so cannot verify their condition, please check via your solicitor/surveyor.
References to tenure are based on information supplied by the Vendor, again check via your solicitor.
Items shown in photographs are not included unless specifically mentioned in the sales particulars. Before travelling to view, check if the property is available and book an appointment.
All measurements are approximate.
Referrals: We recommend conveyancing, financial services, and surveys to sellers/buyers, you are free to make your own choices, and do not have to accept a recommendation.
If a recommendation is accepted, we receive referral fees ranging from £80 - £200 (fs) £150 + VAT - £210 + VAT (conveyancing) & £100 inc VAT (surveys).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 6 St. Georges Apts, 71 Mount Wise, Newquay
Explore nearby