6-bedroom house · TR7 2LT
Listing removedReduced £30k (−9.2%) on 20 JunListed 457 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Central newquay 3 storey town house converted in 2004 to 6 letting units comprising 3 X 1 bedroom apartments and 3 X bedsits.
Fully certified and earning £30,720 per annum gross with no arrears Tenure Freehold Services All mains. One metered water supply paid by landlord and included in the rent.
One metered electricity supply paid by the landlord and reimbursed via pre-payment tenant card meters for each unit.
One metered gas supply for central heating paid by landlord and included in the rent.
Each tenant pays their own Council Tax Epc 6 x EPC’s all valid until 28 Jan 2031, all rated C Arrears £0 Council Tax 6 x Band A Tenancies A – rolling tenancy dated 17/12/18 - £320pcm B – rolling tenancy dated 4/7/24 - £400pcm C – rolling tenancy dated 1/1/25 - £550pcm D – rolling tenancy dated 1/9/21 - £320pcm E – rolling tenancy dated 30/9/23 - £510pcm F – rolling tenancy dated 11/4/24 - £460pcm Eicr 6 x eicr (all satisfactory) dated 14th December 2023 Gas Safety 1 x Gas Safety Record dated 11th January 2025 Services All mains
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
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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 23, Trenance Road, Newquay
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