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2 Bed Flat, Cash/Bridging Only, Newquay, TR7 3BZ £69,950

Penhallow Road, Porth, Newquay, TR7 3BZ - 3 views - 2 months ago
  1. Deal Search
  2. Newquay
  3. TR7
  4. TR7 3BZ
Sold STC
Leasehold
Cash
ROI: 5%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Newquay
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Property History

Listed for £69,950

October 3, 2025

Floor Plans

Description

  • BUNGALOW STYLE LEASEHOLD HOME +
  • PRIVATE SUNNY FRONT-FACING COURTYARD +
  • SPACIOUS LOUNGE WITH NATURAL LIGHT +
  • TWO DOUBLE BEDROOMS +
  • UPVC DOUBLE GLAZING THROUGHOUT +
  • ECO-STYLE ELECTRIC PANEL RADIATORS +
  • REQUIRES UPDATING THROUGHOUT +
  • SHORT WALK TO PORTH BEACH +
  • NO ONWARD CHAIN +
  • MAINS ELECTRIC, WATER & DRAINAGE +

PRICED TO SELL! A WELL-PROPORTIONED TWO-BEDROOM LEASEHOLD “BUNGALOW STYLE” PROPERTY LOCATED ON PENHALLOW ROAD JUST A SHORT STROLL FROM PORTH BEACH. PRIVATE ACCESS & SMALL COURTYARD, REQUIRES UPDATING THROUGHOUT, BUT GREAT POTENTIAL FOR A VARIETY OF BUYERS. NO ONWARD CHAIN. Tucked away at the rear of Morret Court on Penhallow Road, this unique property offers a rare opportunity to secure a fully residential property in one of Newquay’s most sought-after coastal locations, all at an exceptionally competitive price. Known as The Flat, this leasehold home has the feel of a stand-alone bungalow, with single-storey accommodation, no upstairs or downstairs neighbours, and a private, sunny front-facing courtyard. The property comprises a spacious lounge, a small inner hallway, two double bedrooms, a fully fitted shower suite, and a well-equipped kitchen. The home benefits from UPVC double glazing, eco-style electric panel radiators, and what appears to be updated electrics with a modern consumer unit. However, it needs general refurbishment and updating throughout but offers tremendous potential for buyers looking to create a modern, comfortable home in a prime coastal location. Outside, the front courtyard provides a private outdoor space and welcoming entrance. Although there is no allocated parking within the Morret Court grounds, there is unrestricted street parking readily available on Penhallow Road. This property is offered with no onward chain and represents one of the most affordable fully residential homes in Newquay. With its coastal location, single-level accommodation, and excellent potential, this home presents a rare opportunity to own a property in Porth at an attractive price point. Agents Note: Due to the style and condition of the property, mortgage lending may be restricted, so buyers seeking finance are advised to check suitability with their mortgage advisor at an early stage. Cash buyers are preferred, but not exclusively. Agents Note: The original construction of Morret Court detailed The Flat as a store room, shortly after construction it was converted into the property you see today, although the lease wasn’t varied, the vendors were successfully granted a Certificate of Lawfulness in September 2025, legally confirming it use as a residential dwelling. The original lease (we believe) was for a period of 950 years from circa 1980, the lease denotes an annual ground rent of £5, the vendor states they are not currently paying any service charge, but we expect there will be an obligation to pay a nominal service charge. FIND ME USING WHAT3WORDS: broadcast.leads.regime

EPC Rating: F

Agent Details

Newquay Property Centre, Newquay

01637 800988

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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