2-bedroom flat · TR7 2QW
Sold STCListed 132 days
Opportunity summary
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About
Welcome to Number Ten Cranstar Apartments, a well-presented two-bedroom apartment ideally positioned between Newquay town centre and the Chester Road shopping centre.
This popular residential development enjoys a convenient location within easy reach of a wide range of local amenities, making it an attractive choice for first time buyers and investors alike.
One of Cranstar Apartments' most appealing features is its level walk into Newquay town centre, where residents can enjoy the stunning Cornish coastline, an excellent selection of bars and restaurants, and convenient transport connections.
Accessed off Hilgrove Road, the property benefits from an allocated parking space within a secure underground garage. Stepping inside, a spacious entrance hall provides access to all rooms.
The heart of the home is the bright and airy dual-aspect open-plan lounge, kitchen and dining area.
Finished with attractive oak-effect laminate flooring , this versatile living space enjoys an abundance of natural light and space for plenty of lounge and dining furniture.
The kitchen is fitted with a range of contemporary white gloss units and includes a double oven, gas hob, integrated fridge-freezer, plumbing for a washing machine, and a useful storage cupboard housing the gas combination boiler.
The apartment offers two well-proportioned bedrooms, both providing ample space for bedroom furniture and storage. The principal bedroom further benefits from extensive built-in wardrobes.
The bathroom is fully tiled and fitted with a modern white suite, including a generous double shower.
Outside, residents have access to a front terrace area with communal washing lines, while there's a communal outdoor terrace to the front of the apartment.
The property additionally includes an allocated parking space within the communal garage. Tenure- Leasehold. Remainder of a 999-year lease from 27th January 2007. Ground rent: £24 per annum.
Service charge and building insurance are managed on an ad-hoc basis, with costs agreed by residents at the Annual General Meeting or as required for maintenance works.
Previous annual charge: £434.57. Pets are permitted subject to management company approval. Long-term residential tenancies are permitted.
Holiday letting and short-term rental use are not permitted within the development.
EPC Rating: B Paragraph 3.18m x 3.89m Shower Room 1.63m x 2.57m Bedroom 1 2.95m x 5.08m Bedroom 1.96m x 4.45m Kitchen 2.49m x 3.23m Lounge Diner 3.25m x 5.99m 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
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
FAQ
About Hilgrove Road, Newquay, TR7
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