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See how verdicts work2-bedroom flat · TR7 3NT
For saleReduced £30k (−13.6%) on 24 AugListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom first-floor apartment, offering stylish open plan living, an ensuite bedroom, and allocated parking space.
This property is perfect for first-time buyers, investors, or those seeking a low maintenance home in a convenient location.
This light apartment welcomes you with an open plan kitchen, dining, and lounge area, designed to create a sociable and contemporary living space.
Large windows enhance the sense of space and fill the room with natural light, making it an ideal spot to relax or entertain.
The property features two bedrooms, the double bedroom benefits from its own private ensuite shower room, while the second bedroom is perfect for guests, children, or use as a home office.
Externally, the property enjoys a designated parking space along with access to well-maintained communal gardens, offering peaceful outdoor space without the upkeep.
The property is located in Porth, which is in close proximity to Porth Beach, Whipsiderry Beach and the coastal footpath.
Newquay is within two and a half miles of the property and benefits from an array of fashionable bars, nightclubs and restaurants in addition to a range of shopping, schooling and banking facilities.
The town boasts an historic picturesque working fishing harbour along with some of Europe's finest coastline.
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
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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
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FAQ
About Flat 8, Island Point,, Watergate Road, Newquay
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