Summary - 7 Chi Morvargh, Kresennik Pennfenten, Nansledan, NEWQUAY TR8 4FF
1 bed 1 bath Flat
Affordable coastal living close to schools, beaches and transport links.
Second-floor one-bedroom flat with far-reaching scenic views
Offered via shared ownership — 25% share priced at £47,000
Monthly rent £257.85; service charge £86.32; building insurance £9.91
Reserve fund payment £22.94; charges reviewed annually
Compact open-plan living — practical but limited internal space
Very low local crime; council tax described as very cheap
Excellent mobile signal and fast broadband; mains gas heating
Local area connection and eligibility required for purchase
A well-presented one-bedroom flat on the second floor, offered on a shared ownership basis with a 25% share priced at £47,000. The open-plan kitchen/living area maximises the footprint and benefits from far-reaching scenic views, while the property is finished in good decorative order and ready to occupy. Heating is by boiler and radiators; broadband and mobile signal are both strong.
Charges and ongoing costs are transparent: monthly rent £257.85 (on a 25% share), service charge approx. £86.32 pcm plus building insurance £9.91 pcm and a reserve fund payment £22.94. These payments are reviewed annually and further details should be confirmed by your solicitor. Council tax is very cheap and local crime levels are very low.
Set in the planned Nansledan neighbourhood of Newquay, the flat sits close to primary and secondary schools, local cafes and a meadow, and is within easy reach of beaches, the town centre, train station and Cornwall Airport. The property suits first-time buyers seeking affordable entry into the area or investors comfortable with shared ownership and rental obligations.
Buyers should note eligibility requirements for local area connection apply to this shared ownership scheme. The flat is compact and best suited to single occupants or couples; buyers needing a larger home should consider alternatives.
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