3-bedroom flat · TR7 2RT
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A good sized well appointed purpose built top floor three bedroom flat close to local shops and beaches within one mile of town centre with, gas central heating and UPVC double glazing .The accommodation offers a spacious living room, a new fitted kitchen, three good sized bedrooms, and a bathroom with bath and separate shower cubicle.
The property has recently been refurbished throughout and would appeal to first time buyers or investors.
Kitchen/Diner - 3.79m x 3.49m (12'5" x 11'5" ) - Recently refitted with wall and floor units, work surfaces with tiled splashbacks.
Single stainless steel sink unit and integrated electric oven with 4 ring gas hob, and extractor over. Plumbing for white goods. New gas fired Combi boiler.
Double glazed door with staircase leading to outside car park and double glazed window to the rear aspect. Radiator.
Lounge - 6.84m 3.33m (22'5" 10'11") - Large space with a large double glazed window to the front aspect of property. Radiator. Door to apartment entrance and landing.
Bathroom - 2.47m x 2.72m (8'1" x 8'11") - Panelled bath with mixer tap, pedestal washbasin, with low level w/c, and shower cubicle. Heated towel rail, airing cupboard incorporating radiator.
Two double glazed obscured windows to the rear aspect of the property.
Bedroom One - 3.95m x 3.34m (12'11" x 10'11" ) - Two built-in wardrobes and separate shelf cupboard, radiator and double glazed window to front aspect.
Bedroom Two - 4.48m x 2.9m (14'8" x 9'6") - Built-in wardrobe, radiator and double glazed window to the rear aspect.
Bedroom Three - 3.44m x 3.00m (11'3" x 9'10") - Radiator and double glazed window to the rear aspect. Small cupboard. Outside - Communal rear car park with one car parking spaces. Communal bin store.
Council Tax Band C - Agents Note - The following services can be found at the property: Mains electric, gas, water and drainage, however we have not verified any of the connections.
Supplied services and appliances have not been tested by the agent. Prospective purchases are advised to make their own enquiries.
The property is subject to a contribution of £300 per annum to the annual buildings insurance in 2024.
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
FAQ
About Chester Road, Newquay
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