Skip to content

Lower Tower Road, Near to Fistral Beach

£349,950
Reduced on 08/10/2021
Newquay Property Centre, Newquay
PROPERTY TYPE
Block of Apartments
BEDROOMS
×3
BATHROOMS
×3

Key features

  • 3 STOREY END TERRACE PERIOD PROPERTY
  • 3 INDIVIDUAL 1 BED FLATS
  • IDEAL INVESTMENT OPPORTUNITY
  • CONVERTED IN LATE 1980'S
  • IN NEED OF GENERAL REFURBISHMENT
  • CAN BE SOLD AS GOING CONCERN
  • HIGHLY SOUGHT AFTER CENTRAL LOCATION
  • SEA VIEWS FROM MIDDLE & TOP FLAT
  • PERFECT FOR RESIDENTIAL OR HOLIDAY LETTING
  • MAINS SERVICES: ALL MAINS

Property description

Tenure: Freehold

INVESTMENT OPPORTUNITY! 3 STOREY PERIOD TOWN HOUSE CONVERTED INTO 3 INDIVIDUAL, 1 BEDROOM FLATS. HIGHLY DESIRABLE CENTRAL NEWQUAY LOCATION, JUST A SHORT WALK TO FISTRAL BEACH.

LOCATION: As far as central Newquay streets are concerned, Tower Road is one of the most desired and sought after. Sandwiched between the world famous Fistral Beach and Newquay town centre amenities, it offers convenience and beauty on your doorstep, which is perfect for families, investors and second home owners in equal measure.

SITUATION: What a great investment opportunity this is! A large 3 storey, period town house converted sometime in the late 1980's into 3 individual, 1 bedroom flats. Positioned on the highly sought after lower end of Tower Road, within walking distance to the town centre and all of its amenities and the world famous Fistral Beach. Just the perfect location to attract tenants and holiday makers, excellent potential to create a high yield turnover business. The property can be sold as a going concern with tenants in situ or vacant possession.

Please be advised that the property does require a degree of updating throughout, but offers great potential whatever the intended use.

Principally consisting of a shared front entrance for the 3 apartments.

The ground floor flat: From a small hall leads into the living room, semi open plan to a rear kitchen with back door. Fully tiled shower suite, and front facing bay window bedroom. A nicely proportioned 1 bedroom flat.

On the first floor there is a residents laundry room with full plumbing connected to allow all tenants washing facilities without needs for washing machines in the apartments. This also houses the gas fired boiler which provides a central heating system throughout the building.

The middle flat: There is an open plan bay fronted lounge/kitchen which enjoys sea views towards Fistral Beach in the distance. Off from the lounge/kitchen is a fully tiled shower suite and to the rear is a good size double bedroom. Again a very well proportioned one bedroom flat.

The Top Floor Flat: As it is built into the eaves, is slightly smaller, but is still a well proportioned studio style flat. As you enter in there is an open plan living/bedroom with bay window which enjoys the best of the sea views towards Fistral Beach. There is a small fully tiled shower suite and a good size rear kitchen that also enjoys rear views over the town and across Newquay Bay to the left hand side.

There is no allocated parking, but easy to access street parking is available nearby and permits can be bought for various local council owned car parks if required.

We understand that when the current owners bought the property in the late 1980's, it was trading as a HMO style property and was subsequently converted into 3 self contained flats shortly thereafter. We do not believe at this time, that the relevant planning permission was sought, however, owing to the passage of time enforcement action cannot be taken and all 3 apartments have been assessed by the council for council tax purposes with 3 individual 'A' rated bands. The Vendor is willing to provide indemnity insurance or similar to satisfy the legal requirements in relation to this point.

WHAT WE LOVE: We love the potential that this building offers. Whilst it does require a degree of updating it offers a solid investment, whether it be for residential or holiday letting and really is in the perfect trading location. This could be an amazing long term investment with great growth potential.

All measurements are approximate

Communal Entrance

Ground Floor Flat

Living Room

13' 0'' x 9' 3'' (3.96m x 2.82m) Semi-open plan to:

Kitchen

7' 0'' x 7' 0'' (2.13m x 2.13m)

Bedroom

13' 2'' x 11' 6'' (4.01m x 3.50m) Into bay window

Shower Suite

5' 3'' x 5' 0'' (1.60m x 1.52m)

Small Rear Outer Hallway With Back Door

First Floor Communal Laundry Room

Middle Floor Flat

Open Plan Lounge/Kitchen

15' 1'' x 12' 11'' (4.59m x 3.93m) x 10'2". L Shaped into bay window

Bedroom

9' 6'' x 9' 4'' (2.89m x 2.84m)

Shower Suite

6' 4'' x 4' 6'' (1.93m x 1.37m)

Top Floor Studio Flat

Open Plan Living/Bedroom

12' 5'' x 12' 2'' (3.78m x 3.71m) Into bay window with sea views

Kitchen

9' 2'' x 0' 4'' (2.79m x 0.10m)

Shower Suite

7' 11'' x 2' 7'' (2.41m x 0.79m) Maximum

Brochures

Property BrochureFull DetailsCMPOmbudsman
Energy Performance Certificates

Lower Tower Road, Near to Fistral Beach

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newquay Station0.7 miles
  • Quintrell Downs Station2.8 miles
Mortgages
Check mortgage affordability
Powered by Nationwide - Nationwide pays Rightmove a monthly fee made up of a fixed amount and up to 0.35% of each mortgage introduced. It is up to you if you choose Nationwide or a different lender to suit your mortgage needs and circumstances.
Market information
See similar nearby properties

About the agent

Newquay Property Centre, Newquay

40 East Street, Newquay, TR7 1BH

Established in 1994, we are local, trusted, independent and multi-award winning.

From our modern high street offices Newquay Property Centre provides a dedicated full estate agency service giving clients unrivalled national coverage and all the resources of ten talented property professionals. We specialise in all aspects of sales and lettings throughout Newquay and the surrounding villages. We keep our fees competitive, all inclusive, charge nothing upfront and always work on a no sale

More properties from this agent

Industry affiliations

Stamp Duty calculator

£

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 10949962. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newquay Property Centre, Newquay. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the average speed from the provider with the fastest broadband package available on comparethemarket.com at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Stickee Technology Limited.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.