5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Tower Road, Newquay TR7
£395,000

Our Summary

  • SUPERB INVESTMENT OPPORTUNITY
  • A pretty looking period house (originally) converted and sold with planning permission granted and building regulations approved for the conversion

Description

This is a superb investment opportunity to acquire a block of four self-contained flats located between Fistral Beach and the town centre of Newquay. The property consists of three one-bedroom flats and one two-bedroom maisonette, all let on Assured Shorthold Tenancies (ASTs) at current market rents. The flats benefit from modern double glazing, eco-style electric radiators, and off-street parking to the rear. The property is sold as a going concern investment, with the current owner having consistently let the flats for the past 12 years. The location is highly desirable, with Newquay town centre and Fistral Beach within a short walk. The property has planning permission granted and building regulations approved for the conversion of a period house into a further one-bedroom flat, adding to the overall investment potential.
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