2-bedroom flat · TR7 1HJ
For saleListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A stunning luxury two bedroom apartment in one of newquay’s most attractive coastal developments, directly overlooking newquay bay and just A stone’s throw from fistral beach.
A perfect home from home with everything right on your doorstep. No chain.
Newquay is one of the hottest property markets in Cornwall for 2024, a highly sought-after location for living, renting, or holidaying.
Its bustling town centre, renowned beaches, and coastal charm make it an irresistible destination. Homes near Fistral Beach, the crown jewel of Newquay’s coastline, are, especially in demand.
Pentowan House, located just moments from the beach, is a rare find, with properties here seldom available for sale.
This makes Apartment 3 an extraordinary opportunity to own a piece of this prime coastal real estate. Over the past decade, Newquay has transformed into one of Cornwall’s most desirable towns.
The town centre is now alive with a vibrant mix of trendy bars, fine dining restaurants, and an eclectic selection of both independent and national retailers.
Pentowan House is ideally located on King Edward Crescent, one of Newquay’s most coveted streets, perfectly positioned between the town centre and Fistral Beach.
Originally built around 1880, Pentowan House was designed by famed local architect Silvanus Trevail.
Set in an elevated position above Newquay Harbour, the property offers sweeping south-easterly views over Towan Beach and across the rugged North Cornwall coastline, extending all the way to Watergate Bay.
The house also has a rich history, having hosted holidays for King Edward VIII and George VI.
In the mid-2000s, it was carefully converted into luxury apartments, blending historic charm with modern comfort.
Upon entering the building, the grand communal hallway leads you to Apartment 3 on the ground floor.
Inside, the property impresses with its high ceilings, ornate coving, picture rails, and original skirting boards, all perfectly preserved to reflect the era of the building.
These period features are complemented by contemporary, high-specification décor and fittings, creating a perfect balance between classic elegance and modern living.
The apartment has been meticulously maintained, with great care taken to honour the history of the building while introducing modern luxuries.
On the ground floor, the open-plan lounge, dining, and kitchen area offers breathtaking sea views through tall windows adorned with bespoke stained-glass inserts.
This spacious, light-filled room has direct access to the communal gardens and a raised sun terrace, creating a seamless indoor-outdoor living experience.
The kitchen itself is beautifully appointed, featuring ivory shaker-style units with quartz work surfaces, a breakfast bar, and integrated designer appliances, including an eye-level oven, combi microwave, fridge/freezer, washer/dryer, and a sleek hob.
The lounge and dining space is perfect for relaxing or entertaining, with ample room to take in the stunning coastal views.
The ground floor also hosts one of the apartment’s two generously sized double bedrooms, along with a beautifully finished shower suite.
A striking oak spiral staircase leads to the first floor, where you’ll find the second bedroom and an opulent bathroom, complete with travertine mosaic tiling and a large, fitted mirror.
Both bedrooms are spacious and well-appointed, with each having its own bathroom close by, providing privacy and comfort on each level.
The apartment is in pristine condition and has previously been a successful holiday let. It features gas-fired central heating and UPVC double glazing throughout.
Outside, the communal gardens on the southerly aspect offer panoramic views over the bay, with Apartment 3 benefiting from direct access via the sun terrace.
The property includes an allocated parking space within a secure car park and a communal bin store. Additional storage is available in the building’s basement, where there is a lockable trolley cage.
Full of character, period charm, and luxurious finishes, Apartment 3 at Pentowan House offers a unique blend of history, modern living, and stunning sea views.
This is an exceptional property in one of Cornwall’s most iconic locations. Agents Note: The property is held on a 999-year lease from 2006, with a peppercorn (nil) ground rent.
The annual service charge is £2,750, which includes building insurance. Ownership benefits from a share of the freehold, and the development is managed by Belmont.
Both residential and holiday letting are permitted, offering flexibility for owners or investors.
Find me using WHAT3WORDS: Chairing.aboard.strapping EPC Rating: B Hall (2.74m x 2.56m) L-Shaped Max Measurements Open Plan Lounge/Diner/Kitchen (5.94m x 5.23m) Ground Floor Bedroom (3.38m x 2.62m) Ground Floor Shower Suite (1.93m x 1.37m) First Floor Bedroom (4.14m x 2.59m) First Floor Bathroom (2.52m x 1.93m) 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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About Apt 3, Pentowan House King Edward Crescent, Newquay
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