2-bedroom flat · TR7 3NT
Sold STCListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Number One Island Point, nestled on the eastern edge of Newquay, where the soothing whispers of the sea offer a relaxing sanctuary.
Imagine waking up to the gentle lapping of waves, the scent of salty air wafting through your windows, and the promise of endless adventures just a short stroll away.
The apartment's unique and chic design is a delightful embrace of the coastal lifestyle, with its light and airy interior reflecting the natural beauty outside.
The private balcony is an inviting space to sip your morning coffee or unwind with a glass of wine as the sun sets into the sea.
Porth Beach's golden sands are a playground for families and beachgoers alike, with its crystal-clear waters and rock pools teeming with marine life.
For the more adventurous, the Southwest Coastal Path beckons, promising scenic walks and the chance to uncover hidden coves and coastal secrets.
And when the music calls, Trebulzue Farm's annual Boardmasters festival is just a short jaunt away, bringing the vibe of international talent to your doorstep.
The vibrant town of Newquay is around a twenty minute walk away offering a diverse range of shops, cafes, bars and restaurants.
A neat and welcoming communal hallway guides you into this apartment which has a spacious hallway offering access to all rooms.
The open plan living space is a masterclass in modern living, with the kitchen's coastal charm setting the tone for countless memorable meals.
The high-quality appliances and clever storage solutions make cooking a joy, while the adjacent dining and lounge areas offer the perfect backdrop for cozy nights in or entertaining friends.
Practically, the kitchen has an integrated fridge and washing machine with an electric oven and gas hob.
The floor-to-ceiling glass doors lead you to the balcony, blurring the lines between indoors and outdoors offering the most spectacular sea and coastal views.
The main bedroom is a generous size with a stylish en-suite shower room featuring a shower cubicle, wash basin and wc.
From this bedroom, there's sliding doors offering direct access to the sun terrace and the coastal views can be enjoyed as soon as you wake up!
The versatile second bedroom is ideal for guests and little ones or as a study. The family bathroom is modern and sleek featuring a bath with a shower over and attractive tiling.
This property has gas central heating powered by a combination boiler located in the kitchen and upvc double glazed windows.
The outside area is as charming as the interior, with a private sun terrace big enough for sun loungers and a table and chairs enjoying the best of the views.
At the rear you'll find the unusual luxury of a communal garden, a delightful mix of patios and lawns, with communal washing lines subtly nestled among the greenery.
The car park offers an allocated space and additional visitor bays, providing peace of mind and convenience.
THE LEASE This property is held on a 999 year lease which was new in 2004 Service Charge is £1680.00 per year, Ground Rent is £50.00 pr year Pets are NOT permitted Holiday letting is permitted In summary, if you're considering this property you're buying a fabulous lifestyle with the vibrant Newquay town centre within easy reach, this idyllic location ticks all the boxes for those seeking the ultimate in coastal living.
Whether you're a local looking to downsize or an investor with an eye for potential, this apartment is a treasure trove of opportunities.
Don't miss out on your chance to own a piece of this Cornish paradise!
EPC Rating: C Hallway 1.57m x 5.59m Loung Diner Area 3.86m x 4.7m Kitchen Area 2.13m x 3.1m Bedroom 1 2.46m x 4.72m En Suite 2.01m x 2.26m Bedroom 2 2.49m x 2.64m Bathroom 1.93m x 1.98m Disclaimer In compliance with the Digital Markets, Competition & Consumers Act (DMCC): Mo Move Newquay has not tested fixtures, fittings, or services (including appliances/heating systems).
Serviceable condition cannot be verified. Please consult your conveyancing solicitor for professional verification of all systems.
All references to property tenure are based solely on vendor-provided information. Mo Move Newquay has not reviewed any freehold/leasehold information.
Please consult your appointed conveyancing solicitor to verify property title and tenure and to confirm leasehold/freehold status, parking arrangements/rights, covenants & easements. Items shown...
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Watergate Road, Porth, TR7
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