2-bedroom house · TR7 1TS
Listing removedListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned two-bedroom end-of-terrace home, located in the popular town of Newquay.
Whether you're a first-time buyer eager to take your first steps onto the property ladder, or an investor seeking a smart addition to your portfolio, this property represents a fantastic opportunity.
This home is being sold with no onward chain and vacant possession. It is connected to all mains services and falls within Council Tax Band A.
Property Description Millerson Estate Agents are pleased to bring to the market this well-presented two-bedroom end-of-terrace property, situated in a convenient and sought-after location within the popular coastal town of Newquay.
Offering an excellent opportunity for first-time buyers looking to get onto the property ladder, as well as investors seeking a ready-made addition to their portfolio, this property is sure to appeal to a wide range of purchasers.
The accommodation comprises a welcoming entrance hallway providing access to both the kitchen and the spacious lounge. To the first floor are two generously sized bedrooms and a family bathroom.
Externally, the property benefits from a low-maintenance enclosed courtyard with hardstanding, providing useful outdoor space with minimal upkeep required.
The property is offered to the market with vacant possession and no onward chain, allowing for a straightforward purchase process.
It is connected to all main services and falls within Council Tax Band A. Early viewing is highly recommended to fully appreciate the accommodation and potential on offer.
Location Newquay is a vibrant coastal town on Cornwall’s north coast, loved for its beautiful beaches, world-class surfing, and relaxed seaside atmosphere.
It offers a great mix of independent shops, cafes, restaurants, and entertainment, with something for everyone to enjoy.
With excellent transport links including a train station and Newquay Airport just a short drive away it’s easy to stay connected while enjoying coastal living.
Whether you're looking for adventure or a slower pace of life, Newquay combines stunning natural surroundings with a warm, welcoming community.
The Accommodation Comprises Porch Wooden panel ceiling with loft access and a single light fitting, leading into a large storage area with a concrete floor.
Tiled flooring and a single glazed wooden door.
Entrance Hallway Leading into all other rooms, with a single light fitting, large under-stairs storage cupboard, central heating radiator and wood-effect laminate flooring.
Kitchen Fluorescent tube light, double glazed window to the rear aspect, half-height tiled splashback throughout the kitchen, ample power sockets, stainless steel sink with hot and cold mixer tap set into a roll-edge work surface, a comprehensive range of matching wall and base units providing excellent storage, and wood-effect laminate flooring.
Living Room Two hanging light fittings, double glazed door to the rear aspect, two double glazed windows to the rear aspect, thermostat, TV point, ample power sockets, central heating radiator and carpeted flooring.
Upstairs Landing Loft access, double glazed window to the front elevation, two storage cupboards, central heating radiator and carpeted flooring.
Bathroom Single hanging light with shade, double glazed frosted window to the front elevation, electric shower with glass shower door and tiled splashbacks to the surrounding walls, wall-mounted wash hand basin with hot and cold taps and tiled splashback, wall-mounted WC, central heating radiator and laminate flooring.
Bedroom One Hanging light with shade, double glazed window to the rear elevation, two power sockets, central heating radiator and carpeted flooring.
Bedroom Two Hanging light with shade, double glazed window to the rear elevation, storage cupboard with Baxi boiler, three power sockets, central heating radiator and carpeted flooring.
Outside To the front, paved front garden with shrubbery growing, to the rear, paved rear garden, shrubbery growing, washing line.
Parking There is no allocated parking for this property however, ample parking is available close-by. Services The property is connected to mains gas, electricity, water and drainage.
The property also benefits from having solar panels and falls within Council Tax Band A. Agents Notes There is an annual service charge of £391.20 payable to Ocean Housing.
*The service charge is subject to annual review.
Material Information Verified Material Information Costs and tenure Tenure: Freehold Council tax band: A EPC rating: C The building Semi-detached house, standard construction Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: None Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 good, Vodafone good, Three great, EE great Parking: Communal Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (CL156517): - The property must be used only as a single private home and not for business purposes.
- The owner is responsible for maintaining the boundaries, such as fences or walls, that are marked with a 'T' on the title plan.
- The owner must pay a fair share of the costs for cleaning, repairing, and maintaining shared facilities like drains, sewers, and pipes.
- The owner must contribute a fair proportion of the costs for maintaining shared estate roads, footpaths, and parking areas.
- There is a rule stating that the property cannot be sold or transferred without the consent of the Secretary of State or the mortgage lender.
This is a standard legal safeguard to ensure specific housing regulations and mortgage conditions are followed during a sale.
- The owner must not do anything on the land that would interfere with the physical stability (support) of neighboring properties.
Non-coal mining area: Yes All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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 31, Reeds Way, Newquay
Explore nearby