£139,950
(£231/sq. ft)
2 bed flat for saleMountwise, Newquay TR7
2 beds
1 bath
605 sq. ft
- Leasehold
Nullis Group
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About this property
Communal garden
Refurbished communal areas
Games room & family facilities
Stylish contemporary interiors
The Crest, Newquay a spacious, 2 bed, 1 bath, high ceilings, fully refurbished apartment. Target for completion summer 20206 ready to start generation income from this coming summer season. Act now before summer 2026 launch
This fully refurbished soon to be launched as an aparthotel development offers investors the chance to own a full 2 bed apartment within a professionally managed aparthotel - combining lifestyle appeal with strong income potential.
Prime Newquay location:
* Towan Beach (2 mins)
* Blue Reef Aquarium (5 mins)
* Fistral Beach (5 mins)
* Newquay Train Station (8 mins)
* Cornwall Airport Newquay (15 mins)
Newquay is in the top performing tourist destination within the UK often running close to 100% occupancy in the peak season, with demand this high, its easy to see why properties like this perform far higher returns than your traditional buy to let.
The Investment Opportunity
Formerly the well-known Glendeveor Hotel, this landmark property is being elevated into a contemporary coastal aparthotel featuring:
* Refurbished communal areas
* Games room & family facilities
* Stylish contemporary interiors
* Optional professional management
* Completion expected Summer 2026.
Secure Ownership Structure
* 999-year leasehold ownership
* Share of freehold transferred post-refurbishment
* Zero ground rent
* Units treated as commercial property
* No Stamp Duty for units under £150,000
* Each investor owns their individual unit outright - income is not pooled and there are no fixed guarantees.
Professional aparthotel management (optional) includes:
* Guest bookings & marketing
* Dynamic pricing & revenue optimisation
* Housekeeping & maintenance
* Safety & compliance
* Transparent leaseholder reporting
Ideal For:
* Buy-to-let investors
* Holiday let investors
* Portfolio diversification
* UK & international buyers
* Lifestyle-led investment buyers
So, if you’re looking to beat inflation and interest rates with saving sat in the bank, then give us a call now as this high performing cash generating asset won’t be in the market for long. Just £5,000 to reserve today so contact us for further information.
CGI pictures have been used to give a visual representation only.
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More information
Tenure
Leasehold (999 years)
Service charge
Council tax band
Commercial
Ground rent
£0
Ground rent date of next review