60 bedroom terraced house for sale

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60 bedroom terraced house for sale

Carvynick Estate, Summercourt, Newquay, Cornwall, TR8 5AF
£4,750,000

Our Summary

  • Auction Sale - 08/04/2025
  • An estate comprising 32 traditionally built units with full residential planning, well located for the amenities of Newquay, 3 of the 32 houses let on AST's generating a total current income of £39,600 per annum with potential to achieve £450,000 per annum
  • Potential to achieve £450,000 per annum

Description

This estate in Summercourt, near Newquay, comprises 32 traditionally built units with full residential planning, situated on a wider estate that includes a Michelin Star pub and 60 other development plots. The properties are surrounded by countryside, yet within reach of local amenities and vibrant Newquay, renowned for its beaches, surf spots, and lively town centre. The estate has a strong rental income potential, with three of the 32 houses currently let on ASTs generating £39,600 per annum, and the potential to achieve £450,000 per annum. The guide price reflects approximately £148,000 per unit, offering a unique investment opportunity.
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