2-bedroom flat · TR7 2NL
For saleReduced £10.1k (−4.8%) on 8 OctListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A lovely, modern, and very spacious ground floor two-bedroom apartment in the desirable edge development located between newquay’s seafront and trenance park.
Allocated parking, communal gardens, no onward chain.
Ideally positioned on Edgcumbe Avenue between Newquay’s stunning seafront and the beautiful open spaces of Trenance Park, Flat 6 at The Edge offers a superb opportunity to acquire a modern, immaculately presented ground floor apartment just a short stroll from the town centre and all local amenities.
This highly regarded development is known for its contemporary design and exceptional location, placing everything Newquay has to offer right on your doorstep.
Offered for sale with no onward chain, this property is perfectly suited to first-time buyers, investors, or downsizers seeking easy, accessible living.
The apartment benefits from its own private entrance, eliminating the need to pass through communal hallways and enhancing both privacy and convenience.
Upon entering, you are welcomed into a spacious hallway with attractive wood-effect flooring, which continues throughout most of the property, complemented by tiled finishes in the kitchen and bathroom.
The accommodation comprises two generous double bedrooms, both bright and airy, enjoying pleasant views over the communal gardens.
The bathroom features a modern white suite with a shower over the bath.
The contemporary fitted kitchen is well-appointed with light wood grain shaker-style units, integrated double oven, hob, extractor, and fridge freezer, along with space for additional white goods.
Completing the layout is a spacious open-plan lounge/diner, offering ample room for both relaxing and entertaining. Further benefits include UPVC double glazing and night storage heating throughout.
Externally, the property enjoys a designated, numbered off-street parking space conveniently located near the apartment, along with access to well-maintained communal gardens, providing an attractive and usable outdoor space for residents.
The vendor advises the property is held on the remainder of a 999-year lease from 2004, with a ground rent of approximately £75 per annum and a service charge in the region of £1,200 per annum.
The development is managed by Penina.
We are also informed by the vendor that pets, holiday letting, and residential letting are permitted, making this a highly versatile purchase within a well-managed development.
Find me using WHAT3WORDS: Rubble.breathed.blacken EPC Rating: D Lounge/Diner (4.50m x 3.71m) Kitchen (3.51m x 2.64m) Bedroom 1 (3.81m x 3.68m) Bedroom 2 (3.81m x 3.20m) Bathroom (2.64m x 1.75m) 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
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.
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FAQ
About Flat 6, The Edge, Newquay
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