£550,000
5 bed terraced house for saleMount Wise, Newquay TR7
5 beds
5 baths
Freehold
About this property
Outstanding investment opportunity
Five self-contained flats currently generating an income after management fees of 9500pcm
Close to town and beaches
Sea views from the top flat
Fully managed
Viewing strongly recommended. No ongoing chain
Full Description
A superb investment opportunity in the heart of Newquay.
This substantial property comprises five self-contained flats, three spacious one-bedroom units and two smaller studios, plus a generous rear storage space with potential for development into a sixth flat, subject to planning approval.
Ideally located just a short walk from Newquay town centre and close to South Fistral, it offers easy access to local shops, cafés, nightlife, and the town’s renowned beaches.
Currently fully managed and let as emergency accommodation, the property generates a strong turnover of approximately £114,000 per annum, after management fees, presenting an attractive ready-made investment.
**enquiries**
For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S4681
Flat One - One Bedroom Flat
Ground-floor one-bedroom flat with views over the front garden. Accessed via the communal hallway, the flat opens into a spacious and bright open-plan kitchen and living area. A door leads to a generous double bedroom, which has an en-suite shower room.
Flat Two - Studio Flat
Ground-floor rear studio flat accessed via the communal hallway. The main space serves as a combined double bedroom and living area. To the rear, a small hallway leads to a compact kitchen and a generously sized shower room with toilet.
Flat Three - Compact Studio
First-floor studio flat offering a cosy, self-contained space. The layout includes a combined bed/living/kitchen area with an en-suite shower room. It works perfectly for single persons.
Flat 4 - Large One Bedroom Flat
Spacious first-floor flat to the front of the property. A door from the communal hallway opens into a bright living area with large bay windows and countryside views. The flat also includes a good-sized kitchen and a spacious double bedroom with en-suite shower room.
Flat 5 - One Bedroom Flat
This second-floor flat includes a kitchen, living room, bedroom, and shower room with toilet. Full of character, it enjoys distant sea views from the bedroom and countryside views from the living room.
A superb investment opportunity in the heart of Newquay.
This substantial property comprises five self-contained flats, three spacious one-bedroom units and two smaller studios, plus a generous rear storage space with potential for development into a sixth flat, subject to planning approval.
Ideally located just a short walk from Newquay town centre and close to South Fistral, it offers easy access to local shops, cafés, nightlife, and the town’s renowned beaches.
Currently fully managed and let as emergency accommodation, the property generates a strong turnover of approximately £114,000 per annum, after management fees, presenting an attractive ready-made investment.
**enquiries**
For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S4681
Flat One - One Bedroom Flat
Ground-floor one-bedroom flat with views over the front garden. Accessed via the communal hallway, the flat opens into a spacious and bright open-plan kitchen and living area. A door leads to a generous double bedroom, which has an en-suite shower room.
Flat Two - Studio Flat
Ground-floor rear studio flat accessed via the communal hallway. The main space serves as a combined double bedroom and living area. To the rear, a small hallway leads to a compact kitchen and a generously sized shower room with toilet.
Flat Three - Compact Studio
First-floor studio flat offering a cosy, self-contained space. The layout includes a combined bed/living/kitchen area with an en-suite shower room. It works perfectly for single persons.
Flat 4 - Large One Bedroom Flat
Spacious first-floor flat to the front of the property. A door from the communal hallway opens into a bright living area with large bay windows and countryside views. The flat also includes a good-sized kitchen and a spacious double bedroom with en-suite shower room.
Flat 5 - One Bedroom Flat
This second-floor flat includes a kitchen, living room, bedroom, and shower room with toilet. Full of character, it enjoys distant sea views from the bedroom and countryside views from the living room.
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