Summary - 14 MORWETH COURT DOWNDERRY TORPOINT PL11 3JP
2 bed 1 bath Apartment
High-yield two-bedroom with balcony, parking and excellent connectivity.
Private balcony entrance with small outdoor seating area
Allocated off-street parking space included
Compact overall size — approximately 396 sq ft
900-year lease minimises long-term lease risk
7% net yield — attractive for investors
Service charge of 2.86% of overall expenditure applies
Electric heating (boiler and radiators) may raise energy costs
Non-refundable £500 reservation fee and deposit required on offer acceptance
Situated in a quiet village setting near the Cornish coast, this two-bedroom apartment offers a compact, income-ready option for investors or first-time buyers seeking low-maintenance ownership. The private balcony entrance creates a distinctive arrival and provides a small outdoor seating area. Allocated off-street parking and a communal landscaped garden add practical benefits often missing at this price point.
The apartment is light-filled with large windows and an open-plan living/kitchen area fitted with integrated appliances. The two modest bedrooms and a contemporary bathroom suit rental demand or downsizing buyers who prioritise location and low upkeep over generous internal space. Broadband speeds are fast and mobile signal is excellent—useful for remote working tenants.
Financially, the property offers a 7% net yield and an extremely long 900-year lease, making lease-related risks minimal. There is an ongoing service charge (2.86% of overall expenditure) and manageable communal maintenance; buyers should factor these into running costs. Heating is electric with a boiler and radiators, which can mean higher energy bills than gas alternatives.
Buyers should note the apartment’s small overall size (approximately 396 sq ft) and the purchase process requirements: a non-refundable £500 reservation fee and an initial deposit on offer acceptance. Systems and appliances shown have not been independently tested and are sold as seen. This is a pragmatic, well-located property that suits investors seeking strong yield or buyers wanting a low-maintenance coastal base.
2 bedroom apartment for sale in Station Road, Looe, Cornwall, PL13 — £175,000 • 2 bed • 1 bath • 550 ft²
2 bedroom apartment for sale in New Road, Saltash, PL12 — £220,000 • 2 bed • 1 bath • 560 ft²
2 bedroom ground floor flat for sale in Plaidy Beach Apartments, Plaidy Park Road, Plaidy, Looe, PL13 — £201,000 • 2 bed • 2 bath • 775 ft²
2 bedroom apartment for sale in Marine Drive, Looe, Cornwall, PL13 — £375,000 • 2 bed • 1 bath • 1134 ft²
2 bedroom apartment for sale in Hannafore Road, Looe, Cornwall, PL13 — £235,000 • 2 bed • 1 bath • 605 ft²
2 bedroom apartment for sale in Durnford Street, Plymouth, PL1 — £225,000 • 2 bed • 1 bath • 730 ft²
