Exceptional Yield Profile: Starting at a strong 9.5% gross yield
Tenant Longevity
Low Operational Overheads
Chain Free
Town Location
Agent Ref: CA001
A rare opportunity to acquire a substantial freehold residential investment situated in a premier Newquay location. This established portfolio is perfectly positioned for the coastal rental market and consists of five self-contained units:
3 x Well-proportioned One-Bedroom Flats
1 x One-Bedroom Maisonette
1 x Detached Self-Contained One-Bedroom Rear Annex/Chalet
The Investment Case
The property is offered as a 100% occupied, "turnkey" asset. It has been the subject of a rolling programme of cosmetic renovations, ensuring the accommodation remains modern and appealing to the high-calibre local tenant base.
The block boasts an exceptional track record of stability, with several long-term residents in situ for over a decade. This provides an incoming investor with immediate, reliable cash flow from day one, alongside a clear "reversionary" path to align income with current market standards as tenancies naturally evolve.
Key Features:
Prime Coastal Location: Within easy walking distance of Newquay’s iconic beaches and town centre.
Proven Longevity: Highly settled community with zero historical rental arrears.
Efficient Management: Units are individually Council Tax banded and sub-metered for electricity.
Growth Potential: Significant scope for capital and rental growth in a high-demand TR7 postcode.
Financial Information & Viewings
To respect the privacy and "quiet enjoyment" of the current residents, specific rent rolls and individual unit breakdowns will be provided to qualified purchasers upon formal enquiry.
A comprehensive Investor Pack, including a Sprift Report and Title documentation, is available upon request.
Electric Heating