1-bedroom flat · TR7 2EJ
Listing removedReduced £35k (−31.8%) on 20 AugListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Beautifully updated, chain-free one-bedroom retirement apartment with A sunny westerly outlook. Featuring A brand-new kitchen, stylish shower room, and immaculate décor throughout.
Offering easy, turnkey living for over-60S. Set in A secure, friendly development close to shops, transport, and the seafront, with excellent communal facilities and on-site support.
24 Marina Court is a beautifully presented retirement apartment within the ever-popular Marina Court, enjoying a pleasant westerly aspect and offered in superb decorative order throughout.
Recently redecorated and recarpeted, the apartment also benefits from a brand-new contemporary kitchen and a stylishly upgraded shower room, creating a true turnkey opportunity for buyers seeking comfort, security and convenience.
Situated in the heart of Newquay, Marina Court was constructed in 2008 by developers McCarthy Stone and is exclusively for residents aged 60 and over.
The development occupies a convenient position within easy reach of the town centre and seafront, with shops, cafés, pharmacy, doctors’ surgery and supermarkets all close by.
A bus stop is located directly outside the building and the train station is less than a mile away, making it easy to stay connected without reliance on a car.
Designed specifically for independent retirement living, Marina Court provides excellent communal facilities including a welcoming residents’ lounge, lift access to all floors, laundry room, mobility scooter store, landscaped gardens and a guest suite for visiting family and friends (subject to a small nightly charge).
A full-time House Manager oversees the smooth running of the development, and a 24-hour emergency call system operates throughout both the apartments and communal areas for additional peace of mind.
The community is known for its friendly and sociable atmosphere, with regular optional activities such as coffee mornings, games and seasonal events, while always allowing residents to enjoy their privacy and independence.
The apartment itself is bright and well planned.
A secure entrance door opens into a welcoming hallway with intercom entry system, illuminated light switches, emergency pull cord and a generous walk-in storage cupboard housing the hot water system, along with a further cupboard for meters.
The spacious living/dining room is light and comfortable, with a large double-glazed window enjoying the westerly aspect, feature electric fireplace and Dimplex panel heater, and ample room for both lounge furniture and a dining table.
Double doors lead through to the brand new kitchen, which has been attractively fitted with modern units, quality work surfaces and integrated appliances including oven, hob, extractor hood and concealed fridge and freezer.
The double bedroom is well proportioned and benefits from a built-in wardrobe with mirrored doors, while the recently upgraded shower room is finished in a modern white suite, comprising a double-length shower cubicle, WC, vanity wash basin with storage beneath, heated towel rail, illuminated mirror and fully tiled walls.
Further benefits include mains water and drainage, electric heating, ultrafast full fibre broadband availability, and permit parking within the residents’ car park (subject to availability, currently £250 per annum).
The property is held on a 125-year lease from January 2008. Ground rent is £730 per annum, with the next review in 2038.
The service charge is £2870.80 per annum and covers the House Manager, maintenance of the building and gardens, lift servicing, communal heating and lighting, window cleaning, buildings insurance, water and sewerage rates, fire alarm and door entry systems, 24-hour emergency call system and contributions to a contingency fund for redecoration.
Apartment 24 represents an excellent opportunity to secure a stylishly updated, energy-efficient and low-maintenance home within a secure and welcoming retirement community, just moments from everything Newquay has to offer.
Early viewing is highly recommended.
Find me using WHAT3WORDS: Reckons.always.drive EPC Rating: B Kitchen (2.24m x 2.03m) Lounge/Diner (6.53m x 3.15m) Bedroom (4.88m x 2.79m) Hallway (2.26m x 2.03m) Bathroom (2.03m x 1.68m) Parking - Allocated Parking Disclaimer Dmcc Act: We have not tested any fixtures, fittings or services, so cannot verify their condition, please check via your solicitor/surveyor.
References to tenure are based on information supplied by the Vendor, again check via your solicitor.
Items shown in photographs are not included unless specifically mentioned in the sales particulars. Before travelling to view, check if the property is available and book an appointment.
All measurements are approximate.
Referrals: We recommend conveyancing, financial services, and surveys to sellers/buyers, you are free to make your own choices, and do not have to accept a recommendation.
If a recommendation is accepted, we receive referral fees ranging from £80 - £200 (fs) £150 + VAT - £210 + VAT (conveyancing) & £100 inc VAT (surveys).
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 advisers 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 24 Marina Court 9-19 Mount Wise, Newquay
Explore nearby