1-bedroom flat · TR7 2EJ
For saleListed 174 days
Opportunity summary
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About
Tenure: Leasehold Well-presented one bedroom retirement apartment for the over 60s, ideally located in the heart of newquay close to the town centre, beaches and local amenities.
Offering comfortable, low-maintenance living with excellent communal facilities, lift access and A friendly community, this property is perfect for independent retirement living.
Situated within the highly regarded Marina Court development, this well-presented one-bedroom retirement apartment offers comfortable and low-maintenance living exclusively for the over 60s, right in the heart of Newquay.
Ideally positioned just a short stroll from the vibrant town centre, stunning sandy beaches and picturesque coastal walks, the property enjoys the very best of this sought-after seaside location, with an excellent range of amenities all close at hand.
The apartment itself is bright and welcoming, featuring a generous living/dining room with ample space for both relaxation and entertaining, and a pleasant outlook across Newquay.
Double doors lead through to a well-appointed fitted kitchen with a range of integrated appliances and good storage.
The double bedroom is a particularly good size, complete with built-in mirrored wardrobes, while the modern shower room is thoughtfully designed for ease of use.
Additional storage is available from cupboards off the hallway.
Marina Court was constructed in 2008 by McCarthy & Stone and is ideally positioned within easy reach of the town centre and seafront.
Everyday amenities including shops, cafés, supermarkets, a pharmacy and doctors’ surgery are all nearby.
A bus stop is located directly outside the building and the train station is less than a mile away, offering excellent transport links.
The development is designed to support independent retirement living, with a range of excellent communal facilities including a residents’ lounge, lift access to all floors, laundry room, mobility scooter store, landscaped gardens and a guest suite for visiting family and friends (available at a small charge).
A full-time House Manager is on hand, and a 24-hour emergency call system provides additional peace of mind.
Marina Court also benefits from a friendly and sociable community, with optional activities such as coffee mornings and social events, while still allowing residents to enjoy their privacy and independence.
Further benefits include mains water and drainage, electric heating, ultrafast full fibre broadband availability, and permit parking within the residents’ car park (subject to availability, currently £250 per annum).
The property is held on a 125-year lease from January 2008. Ground rent is £730.82 per annum, with the next review in 2038.
The service charge is £2870.88 per annum and covers the House Manager, maintenance of the building and gardens, lift servicing, communal heating and lighting, window cleaning, buildings insurance, water and sewerage rates, fire alarm and door entry systems, 24-hour emergency call system and contributions to a contingency fund for redecoration.
Find me using WHAT3WORDS: Reckons.always.drive EPC Rating: B Entrance Hallway (2.34m x 2.03m) Maximum Measurements Living Room (6.93m x 3.20m) Kitchen (2.34m x 2.24m) Bedroom (5.92m x 2.79m) Maximum Measurements including Wardrobe Shower Room (2.03m x 1.65m) Airing Cupboard (1.93m x 0.99m) Parking - Allocated Parking Disclaimer Dmcc Act 2024: We have not tested any fixtures, fittings, or services and cannot verify their condition, so please confirm with your solicitor or surveyor.
Tenure references are based on Vendor information and should also be checked with your solicitor. Items in photographs are not included unless stated in the sales particulars.
Before visiting, confirm availability and book an appointment. All measurements are approximate.
Referrals: We may recommend conveyancing, financial services, and surveys, but you are free to choose your own providers; if accepted, we receive referral fees of £80–£200 (fs), £150+VAT–£210+VAT (conveyancing), £100 inc VAT (surveys).
Mlr 2017: Buyers must complete legally required aml checks via Lifetime Legal (£60 inc VAT) before a sales memorandum can be issued.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 47 Marina Court 9-19 Mount Wise, Newquay
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