5-6, Market Street
St Austell
Cornwall
PL25 4BB
Porth Bean Road, Newquay
Guide Price £110,000
1 Bedroom Apartment
- RECENTLY RENOVATED
- ENCLOSED REAR GARDEN
- CASH BUYERS ONLY
- POPULAR RESIDENTIAL LOCATION
- WITHIN WALKING DISTANCE TO LOCAL AMENITIES
- CLOSE TO LOCAL BEACHES
- CONNECTED TO ALL MAINS SERVICES
- 125 YEAR LEASE GRANTED IN 2022
- LARGE DOUBLE BEDROOM
- PLEASE SCAN THE QR CODE FOR MATERIAL INFORMATION
PROPERTY DESCRIPTION
Millerson Estate Agents are delighted to present this beautifully finished and immaculately presented one-bedroom first floor apartment, located on the fringes of the vibrant coastal town of Newquay. Positioned in a quiet residential area yet within easy walking distance of local shops, amenities, and transport links.
Whether you're a first-time buyer searching for a stylish and affordable step onto the property ladder, or an investor looking to grow your portfolio in a high-demand area, this apartment is a superb opportunity. With anticipated rental income of around £800 per calendar month, it promises excellent yield potential in a town renowned for its popularity with both long-term tenants and holidaymakers alike.
Inside, the apartment is flooded with natural light and thoughtfully laid out to maximise space and comfort. A bright and welcoming entrance hallway leads through to a spacious lounge, perfect for relaxing or entertaining guests. The recently installed kitchen features sleek modern units and contemporary finishes, making it both functional and stylish. The double bedroom is generously proportioned and offers plenty of space for additional furniture, while the well-appointed bathroom has been finished to a high standard.
Outside, the property continues to impress. It benefits from its own private enclosed garden, mainly laid to lawn – a rare and highly desirable feature for an apartment. Whether you’re looking for a quiet spot to enjoy your morning coffee or room for pets or gardening, this outdoor space delivers. In addition, a solid concrete outbuilding provides valuable extra storage – ideal for bikes, tools, or surfboards.
The property is held on a 125-year lease which began in 2022 and is available to cash buyers only due to its construction type. It is connected to all mains services and falls under Council Tax Band A, keeping running costs low and manageable.
LOCATION
This property is situated on the outskirts of the seaside town of Newquay. There are a range of local amenities close by including a doctors surgery, Parish church, convenience stores, public house and primary and secondary schools. Newquay offers a variety of coastal walks, restaurants, shops and sandy beaches such as Fistral, Tolcarne and Lusty Glaze. The town also accommodates its own aquarium, zoo and the yearly well renowned festival of Boardmasters, as well as a range of water based activities. There are bus stops within walking distance providing routes directly into the town centre and across the county. Newquay Airport is only a short drive away and is perfect for commuters or for those jetsetters amongst us.
THE ACCOMMODATION COMPRISES
(All dimensions are approximate)
ENTRANCE HALLWAY
uPVC door. Consumer unit. Skirting. Vinyl flooring. Stairs leading to:
FIRST FLOOR LANDING
Skimmed ceiling. Smoke alarm. Double glazed window to the side aspect. Radiator. Skirting. Vinyl flooring.
LOUNGE/DINER
Skimmed ceiling. Recessed spotlights. Double glazed window to the front aspect. Thermostat. Radiator. Television point. Multiple plug sockets. Skirting. Vinyl flooring.
KITCHEN
Skimmed ceiling. Recessed spotlights. Access into a partially boarded loft space. Extractor fan. Double-glazed window to the rear aspect. Larder, which houses a recently installed Glow-worm boiler. Integrated Smeg oven with four-ring gas hob and extractor hood over. A range of base-fitted, soft-close storage cupboards and drawers. Stainless steel wash basin with drainage board. Multiple plug sockets. Space for under-counter fridge and washing machine. Skirting. Vinyl flooring.
BEDROOM
Skimmed ceiling. Double glazed window to the rear aspect. Two built-in storage cupboards. Radiator. Multiple plug sockets. Skirting. Vinyl flooring.
BATHROOM
Panelled ceiling. Extractor fan. Frosted double glazed window to the front aspect. Splash-back panelling. Mains fed shower over the bath. Wash basin. Heated towel rail. W.C. Skirting. Vinyl flooring.
EXTERNALLY
GARDEN
Outside, the property continues to impress. It benefits from its own private enclosed garden, mainly laid to lawn – a rare and highly desirable feature for an apartment. Whether you’re looking for a quiet spot to enjoy your morning coffee or room for pets or gardening, this outdoor space delivers. In addition, a solid concrete outbuilding provides valuable extra storage – ideal for bikes, tools, or surfboards.
PARKING
There is no allocated parking with this property; however, an abundance of on-street parking can be found close by.
SERVICES
This property is connected to mains water, electricity, gas and drainage. It also falls under Council Tax Band A.
AGENTS NOTES
The property is subject to a 125-year lease, which was granted in 2022. There is an annual ground rent of £43.68 and a service charge of £250 per annum.
MATERIAL INFORMATION
Verified Material Information
Council Tax band: A
Tenure: Leasehold
Lease length: 122 years remaining (125 years from 2022)
Ground rent: £43.68 pa
Service charge: £250 pa
Property type: Flat
Property construction: Cornish Unit
Energy Performance rating: C
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good
Parking: On Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: Yes: Through the garden.
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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