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See how verdicts work1-bedroom flat · TR7 2FT
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perran Lodge is an impressive development of high-quality retirement apartments by Churchill, ideally positioned within easy walking distance of Chester Road and Barrowfields.
Built in 2018, it has quickly established itself as one of the most sought-after retirement communities in the area.
Residents benefit from close proximity to several beaches, the South West Coast Path, and a convenient bus stop just outside.
Designed for independent living, Perran Lodge is available to those aged 60 and over (or 55 if in a partnership with someone over 60).
The development offers a range of excellent facilities, including a wellbeing suite, two guest rooms, a stylish owners’ lounge with direct access to a sunny patio and garden, and ample parking for both residents and visitors.
Additional features include a secure entry system, a house manager that is on site 5 days a week, a 24-hour care line for out-of-hours support, energy-efficient ground source central heating, and lift access to all floors.
Apartment 3 is situated on the ground floor with direct access to the southerly facing gardens.
Larger than average, this property features a welcoming entrance hallway with a useful storage cupboard and access to all rooms.
The open-plan lounge diner, and kitchen area is bright and airy, offering plenty of space for both living and dining furniture and the contemporary kitchen is well-equipped with an integrated fridge, freezer, eye-level oven, and electric hob with space for a washer dryer.
The generous double bedroom includes built-in mirrored wardrobes and benefits from the same access to the gardens.
Completing the accommodation, the fully tiled shower room features a large walk-in shower, wc, wash basin and heated towel rail.
Presented to a high standard throughout, the apartment offers neutral décor and high quality carpets, making it ready to move straight into with no onward chain.
Lease details for 2025/2026 999-year lease, new in 2018 Ground Rent: £822.98 per year payable half yearly Service Charge: £3441.76 per year, payable half yearly Pets by permission of the House Manager The service charge covers ground source central heating, hot water, buildings insurance, the services of a full time house manager, the maintenance of the gardens and window cleaning.
In summary, this beautifully presented, turnkey retirement apartment offers comfortable, secure, and convenient living in a highly desirable coastal location.
EPC Rating: B Lounge (6.05m x 5.38m) Kitchen (2.44m x 2.13m) Bedroom (4.04m x 3.10m) Shower Room (2.11m x 1.73m) Disclaimer In compliance with the Digital Markets, Competition & Consumers Act (dmcc): Mo Move Newquay has not tested fixtures, fittings, or services (including appliances/heating systems).
Serviceable condition cannot be verified. Please consult your conveyancing solicitor for professional verification of all systems.
All references to property tenure are based solely on vendor-provided information. Mo Move Newquay has not reviewed any freehold/leasehold information.
Please consult your appointed conveyancing solicitor to verify property title and tenure and to confirm leasehold/freehold status, parking arrangements/rights, covenants & easements.
Items shown in photographs are not included unless specifically mentioned in the sales particulars. All measurements are approximate and are to be used as a ‘guide only’.
Pets are not permitted on any viewings. To help keep property transactions safe and secure, we are legally required to carry out Anti-Money Laundering and identity verification checks on all buyers.
These checks are only undertaken once your offer has been accepted by the seller and are subject to a small fee. Further information is available on our website.
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
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FAQ
About Apartment 3, Perran Lodge, Narrowcliff, Newquay
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