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See how verdicts work2-bedroom flat · TR7 1FG
For saleReduced £14.9k (−5%) on 21 SepListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning upper-floor apartment in the heart of newquay, boasting panoramic views across newquay bay and the north cornish coastline.
Two double bedrooms, luxurious refitted bathrooms, modern kitchen, open-plan living, and parking. Ideal turnkey home or holiday let.
Perfectly positioned in the heart of Newquay town centre, this beautifully presented upper-floor apartment enjoys an exceptional location with uninterrupted panoramic views across Newquay Bay, Island Point and the stunning North Cornish coastline.
Just moments from the iconic and revitalised Killacourt green space, the property offers a rare combination of central convenience and breathtaking coastal scenery.
With beaches, cafés, shops and transport links all within easy reach, it’s an ideal base for those seeking both lifestyle and location.
The property is currently operated as a successful holiday let and can be offered fully furnished by separate negotiation, making it an attractive turnkey investment or ready-to-enjoy home.
On entering the secure building, a well-maintained stairwell and lift provide access to the apartment.
The front door opens into a spacious hallway with ample room for coats and shoes, and access to all rooms.
Both double bedrooms are generously sized with floor-to-ceiling windows that flood the space with natural light and easily accommodate essential bedroom furniture.
In the main bedroom, a recessed wall provides the perfect opportunity to add a built-in wardrobe, and the en-suite has been beautifully refitted under the current ownership.
This stylish space features a double walk-in shower, vanity sink unit with storage beneath, a light-up touch mirror, and a matt black heated towel rail, all finished to a high contemporary standard.
The family bathroom has also been refitted to match the quality and finish of the en-suite, featuring a panelled bath with shower over, modern tiling, a sleek white suite and a heated towel rail, creating a luxurious and cohesive feel throughout.
The open-plan lounge and kitchen form the heart of the home.
A spectacular floor-to-ceiling picture window frames the dramatic coastal view, creating a bright and airy living space that perfectly captures the essence of seaside living.
The kitchen has recently been updated and now features modern white cabinetry with matt black fittings, a matt black composite sink unit, and integrated appliances including a dishwasher and fridge-freezer, along with an oven, hob and extractor.
The look is completed with tiled splashbacks and flooring, giving the space a clean, contemporary edge.
The apartment has been thoughtfully modernised with new carpets in both bedrooms, laminate flooring throughout the hallway and lounge, and spotlights that enhance the light, modern feel.
A practical storage cupboard houses the heating controls for the underfloor system in the lounge and the radiator heating in the bedrooms.
Externally, the property benefits from lift access to all floors, a communal drying area, a bike store and one allocated parking space to the front of the building – a rarity in this particular location!
This property is offered with a long lease with approximately 995 years remaining. The annual ground rent is £275, payable once per year.
In addition, the property benefits from a comprehensive service package, with a total annual service charge of £3,600, helping to ensure the upkeep and maintenance of communal areas to a high standard and including the underfloor heating of the property.
This is a superb opportunity to acquire a stylish, well-maintained coastal apartment in one of Newquay’s most sought-after positions, combining a prime central location with one of the finest outlooks along the North Cornish coast.
Find me using WHAT3WORDS: Slopes.questions.goggles EPC Rating: B Hallway (4.78m x 2.46m) Open Plan Lounge/Diner/Kitchen (9.70m x 4.11m) Bedroom 1 (4.67m x 2.97m) Maximum Measurements Ensuite (2.39m x 1.55m) Bedroom 2 (3.63m x 2.69m) Bathroom (2.44m x 1.45m) 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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About Flat 16, Crest Court The Crescent, Newquay
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