Summary - Flat 1, 1 Cheltenham Place TR7 1BA
5 bed 2 bath End of Terrace
Spacious project property close to beaches and amenities.
Chain free five-bed townhouse in central Newquay
This chain-free Victorian end-of-terrace offers more than 1,600 sqft in the heart of Newquay, arranged as two long‑term rental flats. Its central location places beaches, shops and leisure within easy walking distance — a strong plus for buyers seeking rental demand or a family home near the coast.
Internally the property provides flexible accommodation: a ground-floor two-bed flat and an upper three-bed duplex, mains gas central heating and double glazing (installed before 2002). A generous rear garden with patio and shed is a rare town-centre external space and adds practical value for tenants or families.
The house requires renovation and modernisation throughout and the original granite walls are assumed uninsulated, so buyers should budget for upgrade works (insulation, kitchen and bathroom refits, electrics where required). The property sits in a high-crime, very deprived local area, which may affect rental yields, resale value and financing options.
This is well suited to investors seeking a near-seafront rental asset or a buyer prepared to convert back into a single family home. With sensible investment in refurbishment and insulation, the house could significantly increase in comfort, energy performance and market appeal.
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