4-bedroom terraced house · TR7 2LR
For saleReduced £10k (−2.5%) on 20 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This end of terraced three storey house, is divided into four apartments, (which can be offered as a going concern subject to new tenancies or with vacant possession) with uPVC double glazing, one gas central heating system, and separated electricity.
Outside there is level parking for up to four cars, and an enclosed good size rear garden with potential for further parking or development.
The seller lives in the ground floor apartment and has been letting the three other apartments (the tenants have been given notice and these apartments are due to be vacated in March 2026).
This super investment is available for the first time due to the seller retiring. Viewing is strongly recommended Situated within 500 yards of Newquay town centre and beaches.
Entrance Vestibule (1.27m x 1.04m) UPVC double glazed entrance door. Part glazed internal door into reception hall.
Reception Hall (2.8m x 1.02m) Door into Flat One, and stairs rising to first floor landing. Flat One Ground Floor Dining Room (3.7m x 3.53m) Radiator. Access into bedroom and kitchen.
Kitchen (3.35m x 2.9m) Incorporating range of modern fitted kitchen units comprising, base units, wall cupboards and drawers, with work surfaces over.
Built in electric oven with four ring gas hob and filter hood over. Single sink and drainer, with mixer tap. Refrigerator and freezer. Space for washing machine, dishwasher, and tumble dryer.
Lounge (4.32m x 4.01m) UPVC double glazed picture window and patio door to rear, and window to side. Radiator. Access into inner hall.
Inner Hall (2.6m x 0.74m) Boiler cupboard housing Stelrad gas central heating boiler. Door into bathroom.
Bathroom (2.34m x 1.6m) Incorporating panelled bath with glazed shower screen and shower over, low level flush WC and wash hand basin. Extractor. Electrically heated towel rail.
UPVC double glazed window to side. Bedroom (4.52m x 3.53m) UPVC double glazed bay window to front. Radiator.
Flat Two First Floor Entrance Hall (2.6m x 0.74m) Door into shower/cloakroom and access into lounge/bedsitting room.
Living/Bedsitting Room (4.34m x 4.1m) Two uPVC double glazed windows to rear with Juliette balcony.
Modern fitted kitchen comprising wall cupboards, base units and drawers, with work surfaces over, inset single sink and drainer with mixer tap over. Washing machine, and fridge/freezer.
Built in electric oven with four ring hob, and filter hood over. Shower/Cloakroom (2m x 1.45m) Incorporating glazed shower cubicle, low level flush WC and wash hand basin. UPVC double glazed window.
Extractor. Electrically heated towel rail. Flat Three First Floor Living Room (5.1m x 4.3m) UPVC double glazed window and bay window to front with sea views over Newquay bay. Radiator.
Modern fitted kitchen incorporating base units, wall cupboards and drawers, work surfaces, inset single sink and drainer. Washing machine, and fridge/freezer. Door into bedroom.
Bedroom One (3.56m x 2.95m) UPVC double glazed window to rear. Radiator. Access into shower/cloakroom.
Shower/Cloakroom (1.98m x 1.83m) Incorporating glazed shower, low level flush WC, and wash hand basin. Electric towel rail. UPVC double glazed window.
Flat Four Second Floor Living/Bedsitting Room (5.05m x 3.8m) UPVC double glazed dormer window to front with panoramic sea views. Radiator.
Modern fitted kitchen comprising base units, wall cupboards, and drawers, with roll top work surfaces, inset sink and drainer. Built in electric oven with four ring hob and filter hood over.
Washing machine. Fridge/freezer. Door into shower/cloakroom. Shower/Cloakroom (2.8m x 1.9m) Incorporating tiled shower with bespoke glazed door, low level flush WC and wash hand basin.
UPVC double glazed window to rear. Outside Enclosed Rear Garden (6.1m x 11.58m) The enclosed level rear garden is accessed from Flat One, laid mainly to paved patio, with block built storage shed.
Nb the rear garden backs onto Lanhenver Avenue and additional parking could be created subject to necessary permissions.
Level Parking (9.14m x 6.25m) There is level Tarmacadam parking at the front of the property for two/four cars.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Four Apartments, 13, Bay View Terrace, Cornwall
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