We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TR7 3FR
For saleListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Number Two Felicia House - an impeccably presented, ultra-modern two double bedroom ground floor apartment, built in 2020 and finished to an exceptional standard.
Boasting a desirable southerly aspect, a communal garden, and allocated parking, this stunning home is perfectly positioned within walking distance of Newquay town centre, as well as the beautiful Lusty Glaze and Porth Beach.
This outstanding apartment offers spacious, contemporary living just moments from the very best that Newquay has to offer - from breathtaking coastal walks and renowned restaurants to a wide range of outdoor pursuits, including some of the UK’s finest surfing beaches.
Felicia House presents a rare opportunity to embrace life on the sought-after North Cornish coast.
The apartment features a generous open-plan living, dining, and kitchen area, beautifully illuminated by large patio doors that invite in an abundance of natural light.
Designed with both style and functionality in mind, this space is ideal for modern living and entertaining.
The sleek, high-spec kitchen showcases clean lines, integrated appliances, and dedicated space for a washing machine, while a breakfast bar provides a relaxed dining area and subtly defines the space.
From the comfortable lounge area, patio doors open onto a southerly facing communal garden-a rare and highly desirable feature-flooding the space with natural light and allowing fresh air to circulate, enhancing the bright, airy feel throughout.
Both double bedrooms are well-proportioned and tastefully finished, enjoying a peaceful rear aspect with plenty of natural light.
The contemporary bathroom is spacious and finished to a high standard, complementing the modern aesthetic throughout. Additional benefits include a large storage cupboard accessed from the hallway.
The property is equipped with gas central heating, powered by a combination boiler discreetly housed within the living area.
The property is held on a 999-year lease from 1 January 2018, effectively equivalent to a virtual freehold and therefore highly desirable.
Ground rent is £300 per annum, reviewed every 10 years Annual service charge is £2,304.60, covering the maintenance and management of communal areas. Freeholder: Landmark (Bolton) Limited.
Managing agent: Residential Management Group (rmg). The lease permits residential lettings and allows pets. The property also includes one allocated parking space.
In summary, this is a stylish, turnkey home offering modern coastal living at an accessible price point - perfectly located in one of Cornwall’s most vibrant and desirable seaside towns.
EPC Rating: B Loung Diner Kitchen (6.99m x 3.28m) Bedroom 1 (4.39m x 2.90m) Bedroom 2 (5.28m x 2.39m) Bathroom (2.49m x 1.78m) Parking - Allocated Parking Allocated Parking Space In The Residents Car Parking 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
Agent & docs
.png)
FAQ
About Flat 2, Felicia House, Newquay
Explore nearby