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See how verdicts work1-bedroom flat · TR7 1JY
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cosy 1 bedroom ground floor garden apartment with front and rear courtyard gardens, A surf shower and designated parking A short walk from the town centre This delightful little apartment in the centre of Newquay forms part of a small block of four apartments with a shared rear car park.
No.1 is accessed directly from St Pirans Road into an enclosed courtyard garden that faces West and benefits from the afternoon and evening sun.
The apartment itself consists of a cool lounge/kitchen space with a micro cement floor and a fitted corner kitchen. A small link leads to a small bathroom and a double bedroom at the rear.
The bedroom has a door onto a further private fully enclosed space suitable for sitting out or as a board/bike storage area, complete with a hot and cold surf shower and a gate leading onto the rear parking.
Ideally suited as a little town centre bolt-hole, a great first time buy or for residential letting, this apartment is available with vacant possession and no onward chain. Tenure Leasehold.
999 years from 25 March 1984. The freehold is owned by Messrs rmb 102 limited (t/a E&J Estates).
The ground rent is £20 per annum, plus annual percentage insurance charges (most recently charged at £189.74 per annum for this flat) Maintenance and repair is dealt with on an ad-hoc basis with the three other leaseholders and the freeholder.
Restrictions Pets are not permitted under the terms of the lease. Holiday letting is not permitted under the terms of the lease. Permanent residential letting is permitted.
Services Mains electricity, water and drainage Council Tax Band A
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 1 Carnarvon Court, St. Pirans Road, Newquay
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