2-bedroom flat · TR7 3LX
Listing removedListed 115 days
Opportunity summary
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About
Some of the best views we've seen!
Popular porth location | 2 bedroom purpose built apartment with simply stunning views from an open plan living area with bi-fold doors across the entire frontage to a private balcony.
The property has under ground parking with cage storage and lifts to all floors. Porth sits on the outskirts on Newquay Town, it is a favourite spot for both locals and visitors.
Its beach is ideal for families. Porth has a small cluster of cafés, a beachside pub, a shop and great travel links as Newquay Airport is only a few miles away.
The town centre is around ten minutes by car but is an enjoyable walk across the coast path.
Just along the coast, Watergate Bay provides a choice of restaurants and bars as well as popular water sports facilities.
From the ground floor communal entrance, the apartment is located on the second floor with lift access.
Entering into the apartment you are immediately greeted by the stunning view from the living area at the front.
The Hallway has 2 large cupboards, one at the entrance for coats and shoes and a further housing the gas combination boiler as well as ample space for other storage items.
To the rear is the master bedroom which includes a mirror fronted double wardrobe as well as a shower en-suite.
The en-suite has a nice modern range of sanitary wear with a concealed cistern toiler and basin as well as a mains powered walk in shower unit.
To the other side is a similarly equipped bathroom with a full length bath unit with shower over.
Moving to the front is the second bedroom which again has a built in double mirror fronted wardrobe and also enjoys some views up the North Cornish Coast.
To the front is certainly the highlight of the apartment. The open plan lounge/kitchen/diner has a full front view over the neighbouring headlands, beaches and Newquay Town.
It really is one of the best views we have seen, with the double bi-fold door unit completely opening the front of the apartment onto the balcony.
The room provides ample space for a designated living area, dining area and the kitchen being separated by a breakfast bar. The kitchen has all of the expected white goods concealed.
Services All Mains Tenure Leasehold. The property is held on a remainder of a 999 year lease which commenced in 2006.
Ground rent is currently set at £350per annum with an annual service charge of £3570.23 which is collected monthly. Holiday lets and pets are both permitted at the property. Council Tax Band E
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
Agent & docs
FAQ
About 26 Zenith, Watergate Road, Newquay
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