1-bedroom flat · TR7 1UJ
For saleListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one-bedroom retirement apartment in a prime central Newquay location, with the town centre accessible via a level walk.
The property offers direct access from the apartment into a south-facing communal garden, making viewing highly recommended.
Location - Penhaven Court is a popular and well-located block of retirement apartments, positioned close to the seafront and the newly redesigned Killacourt with its selection of local shops.
Newquay Town Centre offers a comprehensive range of shopping, schooling, restaurants and nightlife. The town also boasts a picturesque, historic working harbour and some of Europe’s finest coastline.
There are regular bus and rail links to surrounding areas, and Newquay Airport is approximately seven miles from the town.
Residents benefit from access to the communal gardens with stunning sea views, a comfortable residents’ lounge, a laundry room, and both lift and stair access to all floors.
A house manager is on site during working hours. Entrance Hallway - Wooden entrance door leading from communal hall with letter box and security hole.
Storage cupboard housing the water tank and shelving. Doors subsequent accommodation.
Kitchen - Fitted kitchen to include a range of wall base and draw units with roll top work surfaces and in-set stainless steel sink with drainer. Space for under counter fridge freezer.
Integrated electric oven with four ring electric hob and extractor hood above. Lounge/Diner - Electric night storage radiator.
Feature tiled electric fireplace with a wood hearth and decorated wooden surround. Double glazed door leading out into the communal garden. Bedroom - Double glazed window. Built in wardrobe.
Shower Room - Double shower unit with mains overhead shower and hand rail. Wall mounted wash hand basin set within vanity unit with a cupboard below. Low level WC. Fully tiled walls. Extractor.
Communal Facilities - • Car park (limited parking available by arrangement) • Residents lounge, for all residents.
• Visiting family members guest suite • Two communal laundry rooms • Communal surrounding garden areas • Communal lift and stairs to all floors • Emergency call system • On site house manager (during working hours) Services - The following services can be found at the property: Mains electricity, water and drainage, however, we have not verified any of the connections.
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
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FAQ
About Penhaven Court, Newquay
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