2-bedroom terraced house · TR8 4LX
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern terraced two bedroomed holiday villa situated on this popular holiday complex set within the grounds of a former manor house.
Number 68 Atlantic Reach is a very well presented terraced holiday home tucked away in a quieter part of the site close to all on site amenities on this popular holiday resort.
The property offers modern and good size living accommodation with open plan lounge/kitchen/dining room, modern fitted bathroom and two double bedrooms both with storage.
The property benefits from UPVC double glazing, newly fitted carpets to the first floor, modern fitted bathroom suite and kitchen units.
The lease offers a twelve month holiday occupancy and would make an ideal 'bolt hole' or investment/holiday home.
Atlantic Reach is set in 55 acres of the grounds of a 16th century manor estate, the ruins of which are still visible within the grounds.
The site facilities include an indoor pool and fitness centre, cafe, bar, beauty and health spa, nine hole golf course, restaurant, and laundry facilities.
The site is approximately 7 miles from Newquay and is ideally located for exploring the rest of Cornwall.
The sandy north Cornish coast is approximately 5 miles, the larger shopping centre of Truro is approximately 14 miles and Newquay airport with daily flights to Gatwick, London Stanstead and other UK and European destinations approximately 5 miles away.
AGENTS NOTE: The property needs to be viewed internally to be fully appreciated.
OPEN PLAN LOUNGE/KITCHEN/DINER 23' 7'' x 11' 8 (7.18m x 3.55m) LOUNGE AREA Laminate flooring, sunken spotlights, television point, understair storage cupboard.
KITCHEN/DINING AREA Comprehensive range of modern base and wall mounted units with black granite fleck effect work surface over. Stainless steel one and a half bowl sink unit with drainer.
Integral electric oven with four ring electric hob over, concealed extractor hood. Tiled splash backs. Space for washing machine. Tiled flooring, sunken spotlights, staircase to first floor landing.
UPVC double glazed sliding patio doors to rear aspect. FIRST FLOOR LANDING Loft hatch, smoke alarm, ceiling lights. All doors off.
BEDROOM ONE 11' 6'' x 8' 2 (3.50m x 2.49m) UPVC double glazed window to front aspect, ceiling lights, fitted wardrobes.
BATHROOM White suite comprising pedestal wash basin with mirror/light over, panel bath with electric shower unit over. Low level WC. Tiled walls and flooring. Extractor fan. Heated towel rail.
BEDROOM TWO 8' 9'' x 9' 6 (2.66m x 2.89m) UPVC double glazed window to rear aspect with rural views. Large built in storage cupboards.
OUTSIDE There is a patio area to the front of the property with communal pathways to the main facilities.
Atlantic Reach has extensive landscaped grounds with sweeping lawns and mature shrubs and trees. There is residents parking nearby to the property.
AGENTS NOTE The home is being sold fully furnished and equipped (Some furniture and electrical appliances may vary from original specification).
We have been informed there is a 999 year lease on this property. The holiday villa cannot be used as a permanent home as there is a covenant restricting its use for holiday use only.
Atlantic Reach is open all year round.
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.
Area
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FAQ
About 68, Atlantic Reach, NEWQUAY
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