2-bedroom flat · TR7 1TT
For saleListed 529 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, 24 Spinnakers is a stunning penthouse apartment located in the highly desirable Pentire Peninsula, just a short walk from both Pentire Headland and the iconic Fistral Beach.
This spacious and well-presented property features a bright open-plan living and dining area, two generously sized double bedrooms—including a master with en-suite shower room—a separate family bathroom, and spectacular views over Fistral Beach.
With secure entry and allocated parking, this apartment presents an ideal opportunity as a permanent residence, holiday home, or investment property in one of Newquay’s most sought-after coastal locations.
Location - Positioned towards the very tip of Newquay’s desirable Pentire Peninsula, Apartment 24 at Spinnakers is a truly superb penthouse offering some of the finest sea views in the area.
Set within well-kept communal gardens, the development provides a peaceful setting just a short stroll from the golden sands of Fistral Beach.
Located in the sought-after Pentire area, Newquay offers a vibrant mix of shopping, schools, bars, and restaurants, with convenient bus and rail connections to surrounding areas.
Truro lies approximately 14 miles away, while the charming fishing port of Padstow is within 16 miles.
For international travel, Newquay Airport is just seven miles away, offering direct flights to destinations such as Faro, Alicante, and Dublin.
Property - Access to this private penthouse is via a lift to the second floor, followed by a short flight of stairs to the third floor.
The apartment enjoys a genuinely spacious layout with a contemporary style, perfectly suited for modern coastal living.
The large open-plan living and kitchen area is a standout feature, fitted with an extensive range of wall and base units, including a central island.
Quality integrated appliances include an electric oven, gas hob, stainless steel extractor hood, fridge, freezer, and washer dryer.
This light-filled space opens onto a private balcony, where you can enjoy breath-taking panoramic views across Fistral Bay and along the rugged coastline.
Both bedrooms are generously proportioned doubles.
The master bedroom benefits from a modern en-suite bathroom, while the second bedroom is served by a well-appointed main bathroom featuring a shower over the bath.
Further features include UPVC double glazing throughout, a mains gas-fired central heating system, and an allocated parking space.
External - The Penthouse is suited in the purpose build block of apartments - Spinnakers, one of the closest apartment blocks to the Pentire headland.
The property benefits from private allocated parking along with extra spaces allocated for visitors, there are pockets of communal lawns that can be used by any of the residents as a place for relaxing, along with tidy indoor communal areas and secure access to all apartments.
Services - The following services can be found at the property : mains electric, mains gas, mains water and drainage, however, we have not verified any of the connections.
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
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About Pentire Avenue, Newquay
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