£500,000
8 bed semi-detached house for saleCarminow Way, Newquay, Cornwall TR7
8 beds
8 baths
2 receptions
EPC Rating: E
About this property
Chain free
Freehold
Investment opportunity
HMO opportunity
Air B&B
Large driveway
7 en-suites
A substantial and versatile eight-bedroom property, finished to a high standard and currently operating as a holiday let for the summer seasons and a student rental for the other half of the year, offering an excellent turn-key investment opportunity in a convenient Newquay location.
The property provides extensive and well-maintained accommodation, ideally suited for high-yield rental use (please ask agents for more details). To the ground floor, there is a generous communal living space, perfect for socialising and hosting large groups, complemented by a good-sized separate kitchen area that is well-equipped for multiple occupants.
In total, the property boasts eight bedrooms across three levels, seven of which benefit from their own en-suite facilities, with an additional family bathroom serving the remaining accommodation. The layout has been thoughtfully arranged to maximise both comfort and functionality, making it highly attractive for student lets and short-term holiday rentals alike.
Externally, the property continues to impress with a large driveway providing ample off-road parking for multiple vehicles, along with an enclosed garden space offering a low-maintenance area for outdoor use.
Having been consistently used as student accommodation for part of the year and a successful Airbnb for the remainder, the property is presented in excellent condition and represents a fantastic opportunity for investors seeking strong and flexible rental returns in a sought-after coastal town as well as large families looking for multi-generation living opportunities.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Situated within a well-established residential area of Newquay, Carminow Way is conveniently positioned for both coastal living and everyday amenities. The property is within easy reach of the stunning Lusty Glaze and Porth beaches, offering beautiful stretches of sand and scenic coastal walks just a short distance away.
Locally, a range of useful amenities can be found along nearby Chester Road, including shops, takeaways and essential services, while Newquay town centre provides a wider selection of supermarkets, restaurants, bars and leisure facilities. This accessible and popular location makes it particularly attractive for both residential use and holiday or student accommodation investment.
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