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Henver Road, Newquay, TR7 12 bed block of apartments for sale
Henver Road, Newquay, TR7
£1,500,000
Henver Road, Newquay, TR7
£1,500,000
Our Summary
- With a growing reputation as a desirable place to live and visit, Newquay offers significant potential for both rental income and long-term capital growth, making it an ideal location for property investment
- Three, O2 and Vodafone LimitedParking: Allocated 8 spacesBuilding safety issues: NoRestrictions - Listed Building: NoRestrictions - Conservation Area: NoRestrictions - Tree Preservation Orders: NonePublic right of way: NoLong-term area flood risk: NoCoastal erosion risk: NoPlanning permission issues: NoAccessibility and adaptations: NoneCoal mining area: NoNon-coal mining area: YesEnergy Performance rating: CAbout the areaNewquay is a vibrant coastal town known for its stunning beaches, world-class surfing, and breathtaking natural beauty
Description
This beautifully converted property in Newquay features six stunning 2-bedroom flats, each with high-end finishes and allocated parking. With property values in the area having risen by 33% in the last five years and 56% in the last 10 years, Newquay offers significant potential for both rental income and long-term capital growth. The property is currently run as six high-end holiday lets, with projected income of between £160K and £192K for 2025, or could be converted to long-term lets with expected rents of £1050-£1150 per flat per month. The property is located in a prime spot, within walking distance to Newquay's award-winning beaches and town centre, and offers a range of amenities, including parking for eight cars and private gardens or balconies.