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See how verdicts work2-bedroom terraced house · TR8 4NR
No longer listedReduced £5k (−2.9%) on 24 SepListed 307 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Smart Millerson Estate Agents are delighted to present this attractive and well-maintained two-bedroom end-of-terrace home to the market.
Ideally positioned on the outskirts of the ever-popular coastal town of Newquay, the property offers an excellent opportunity for first-time buyers seeking a comfortable home or investors looking to enhance their portfolio.
With the potential to achieve a rental income of approximately £1,050 per calendar month, this equates to a strong rental yield of around 7%, making it a particularly appealing investment.
Property Decription Smart Millerson Estate Agents are delighted to present this attractive and well-maintained two-bedroom end-of-terrace home to the market.
Ideally positioned on the outskirts of the ever-popular coastal town of Newquay, the property offers an excellent opportunity for first-time buyers seeking a comfortable home or investors looking to enhance their portfolio.
With the potential to achieve a rental income of approximately £1,050 per calendar month, this equates to a strong rental yield of around 7%, making it a particularly appealing investment.
The accommodation comprises a generous living room, providing a bright and welcoming space, which leads seamlessly through to the kitchen, creating a practical and sociable layout ideal for modern living.
Upstairs, the property continues to impress with two well-proportioned double bedrooms and a contemporary family bathroom, offering comfortable and flexible accommodation for a variety of needs.
Externally, the home boasts an enclosed lawned garden to the rear, offering a private and low-maintenance outdoor space with scope for further personalisation, perfect for relaxing, entertaining, or enjoying the outdoors.
In addition, whilst there is no off road parking, there is an abundance of off-road parking nearby.
Further benefits include the property falling within Council Tax Band A and being connected to all mains services, including water, electricity, and drainage.
Viewings are highly recommended to appreciate all this home has to offer. Location This property is situated on the outskirts of the seaside town of Newquay.
Local amenities including doctors surgery, Parish church, convenience shops, post office, public house and primary and secondary schools which are all within a short distance.
Newquay offers a variety of different stunning coastal walks, beaches such as Fistral, Tolcarne and Lusty Glaze, in addition to a wide range outdoor activities such as coasteering, jet ski rides, surf lessons and many more.
Newquay also accommodates its own aquarium, zoo and the annually well renowned festival of Boardmasters.
In regards to public transport the nearest bus stop is within walking distance and provides routes all across the county.
Newquay Airport is a short drive away and is perfect for commuters or for those jetsetters amongst us. The Accommodation Comprises (Please see floorplan for measurements) Living Room Skimmed celling.
Double glazed window to the front aspect. Panel heater. Multiple plug sockets. Skirting. Kitchen Extractor fan. Consumer unit. Double-glazed window to the rear aspect.
A range of wall and base fitted units with roll-top work surfaces, incorporating a stainless steel sink and drainer. Splash-back tiling. Space for an electric cooker and space for a fridge. Pantry.
Large storage cupboard. Multiple plug sockets. Vinyl flooring. Door leading to the rear garden. First Floor Landing Skimmed ceiling. Smoke sensor. Loft access. Skirting.
Doors leading to: Bedroom One Two double glazed window to the rear aspect. Panel Heater. Ample plug sockets. Skirting. Bedroom Two Skimmed ceiling. Double glazed window to the rear aspect.
Panel heater. Built in storage cupboard. Ample plug sockets. Skirting. Bathroom Extractor fan. Frosted double glazed window to the side aspect. Splash-back tiling. Wash Basin. W.C. Skirting.
Externally Garden Externally, the home boasts an enclosed lawned garden to the rear, offering a private and low-maintenance outdoor space with scope for further personalisation, perfect for relaxing, entertaining, or enjoying the outdoors.
Parking An abundance of on street parking can be found close by.
Services Further benefits include the property falling within Council Tax Band A and being connected to all mains services, including water, electricity, and drainage.
Agents Notes Annual Service Charge of £446.40 *The service charge is subject to annual review. Please note that there is a right of way across the rear of property, for neighbouring property.
Material Information Verified Material Information Council Tax band: A Tenure: Freehold Property type: House Property construction: Standard construction Energy Performance rating: E Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None is installed.
Heating features: None Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Great, EE - Great Parking: On Street Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Restrictions - Tree Preservation Orders: None Public right of way: Yes: Footway right of way to rear of the property.
Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: None Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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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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.
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FAQ
About 7, Trencreek Road, Newquay
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