Overview

• RARE FREEHOLD INVESTMENT OPPORTUNITY
• 34 x 1 BED/STUDIO UNITS
• CLOSE TO NEWQUAY TOWN CENTRE AND ICONIC NORTH COAST BEACHES
• ON SITE PARKING SPACES
• CURRENT INCOME OF £256,800 PER ANNUM – POTENTIAL GROWTH TO £310,080
• EPC’s WITHIN BANDS B-D

Two detached purpose-built blocks of 34 well appointed, self-contained apartments occupying a plot of approximately 0.34 acres. The properties are held on a single title and can be acquired via a transfer of the Ltd holding company. In addition to the apartments 17 parking spaces, a sauna and on site gymnasium are available for the benefit of all tenants. Countryside and coastal views from the upper floors.

The properties are located on Hendra Road which is a stones throw from four of Newquay’s iconic golden sandy beaches and Barrowfields which is a large green open space overlooking the sea. Newquay’s town centre is a 15 minute walk away and provides a wide range of location and national retailers, bars, restaurants and transport services including a bus terminal and railway station. A Tesco Express and other local services are within a 3 minute walk. Newquay airport is a 15 minute drive.