1 bedroom flat for sale

>

1 bedroom flat for sale

Apart-Hotel Investment Opportunity
£70,000

Our Summary

  • INVESTMENT OPPORTUNITY

Description

Investors are taking notice of this unique property opportunity, which offers long-term security through 999-year leasehold units that will transfer to freehold once refurbishment is complete. With a low capital outlay of £70,000 per unit, this investment promises strong projected performance with forecast net yields of up to 15% at standard occupancy levels. Additionally, the property's prime location in Newquay, just minutes from the town centre, beaches, and transportation hubs, makes it an attractive option. The property also boasts appealing guest amenities, including a games room, licensed bar, and family-friendly facilities. Furthermore, the property's value falls under the £150,000 commercial threshold, allowing UK investors to avoid paying stamp duty.