1-bedroom flat · TR7 2NQ
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This recently updated one double bedroom first floor apartment with lounge/dining room/fitted kitchen, and shower/cloakroom has gas central heating, and uPVC double glazing.
Viewing is highly recommended - Chain Free. Situated within 500 yards of Newquay town centre and beaches. Communal Reception Hall Communal entrance door, with audio door entry phone system.
Stairs to first floor landing. First Floor Landing Personal door into apartment. Entrance Hall (2.2m x 0.91m) Doors into bedroom and living room.
Lounge/Kitchen/Dining Room (4.8m x 3.58m) UPVC double glazed bay window to front. Radiator. Volkera gas central heating boiler.
Modern fitted kitchen comprising four wall cupboards, one base unit and five drawers, with work surfaces over, inset single sink and drainer with mixer tap over.
Built in electric oven, with four ring ceramic hob and extractor over. Door into shower/cloakroom.
Shower/Cloakroom (2m x 1.04m) Incorporating shower with glazed sliding door, low level flush WC and wash hand basin. Extractor. Centrally heated ladder style towel rail.
Bedroom One (2.57m x 2.24m) UPVC double glazed window to front. Radiator.
Agents Note Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Ground Rent £235.54 pa Service Charge £995.74 pa Insurance £239.29 pa
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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.
Area
Agent & docs
FAQ
About Flat 3, 8, Tolcarne Road, Cornwall
Explore nearby
.png){kind=logo}
