Buy to Let Property

Newquay Apartment, Cornwall

From: £66,990
All tenanted
Purchase prices from £67000
Net yields of up to 7.7%
Half a mile from train station and town centre
Allocated parking
Communal reception

Newquay Buy-to-let Apartment, TR7 Property Sale


Newquay Apartment Sale in TR7 is the perfect buy-to-let investment property in Cornwall. Fully tenanted with a Net Yield of 7.7% on a purchase price of £67,000 provides an attractive all year income.

Key Figures

£66,990
Starting Price

7.7%
Net Yield

Q4 2015
Completion Date

Investment Details

We are proud to introduce our latest property development in Newquay – which is completely tenanted and located in the residential part of town. It consists of studios and 1-bedroom apartments with allocated parking. Most have balconies and some with sea views over the beautiful Lusty Graze Beach.

All apartments come with integrated electric oven and hob, laminate flooring and carpets in the upstairs duplexes. Suitable for the young professional market, the development is conveniently located just half a mile from the town centre and train station. This is an ideal rental investment property or potential holiday let with personal use.

Property Summary

  • NET yields up to 7.7%
  • One bedroom Apartments
  • Purchase prices from £67,000
  • All tenanted
  • Laminate Flooring throughout
  • Carpets in the duplexes
  • Integrated electric oven and hob
  • Tiled splashbacks
  • Some with balconies and sea views
  • Half a mile from train station and town centre
  • Four miles from airport – one hour flights to London and Manchester
  • Suited to the young professional market
  • Possible holiday rental market through Air bnb
  • Communal Reception
  • Allocated Parking
  • Finders fee of £1,000+Vat

Job creation in the South West is growing faster than anywhere else in the UK. In Newquay itself, the local council aims to build more residential style housing rather than holiday lets to encourage more people to live there more permanently. The Chancellor has outlined the economic plan to boost the South West’s economy by a huge £6.8 billion by 2030.

This is an old investment that has now fully sold. If you are new to the investment world, have you thought about devising a buy to let strategy?

The Numbers

Ground Rent:£240

Number of Units:0

Service Charge:£950

Prices:From £66,990

Leasehold:125 years

  • Laminate Flooring throughout
  • Carpets in the duplexes
  • Integrated electric oven and hob
  • Tiled splashbacks
  • Some with balconies and sea views
  • Half a mile from train station and
  • town centre
  • Four miles from airport - one hour
  • flights to London and Manchester
  • Suited to the young professional
  • market
  • Communal Reception
  • Allocated Parking

Property now sold.

“We are your partner in prosperity”

If you are considering buying investment property, it starts with a conversation. If we understand what you are looking for we are in a better position to help you achieve your goals and save you time by recommending the most suitable property.

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