£550,000
Terraced house for saleBerry Road, Newquay TR7
16 baths
Just added
Leasehold
About this property
18 bedrooms (14 en-suite) lodge
Town Centre location
Proven income & strong yield
Freehold option for 180,000
Property Reference: 37783
Property Reference: 37783
Property Reference: 37783
Property Reference: 37783
Turnover circa £330,000 p.a. | Net profit £45,000 – proven going concern.
· 18 bedrooms – 14 with private bathroom.
· Ground‐floor café – fully equipped, potential for all‐day dining.
· Parking: Staff parking for 4 vehicles at the rear (used primarily by staff; limited guest availability in high season as a courtesy). An additional 2 shared spaces are located behind the hotel.
· Prime town‐centre location – high footfall, near beaches and surf schools.
· 999‐year leasehold – long‐term security with 7,595 yearly ground rent.
· Freehold option: The freehold is available for £180,000 (subject to contract) – purchase it now or leave it for the next owner.
Investment case:
At £550,000 leasehold, the property delivers an 8.2% gross yield – a standout return in today's market. With strong guest reviews ( location score 9.0), this is a rare opportunity for an owner‐operator or investor seeking immediate income in one of the UK’s top coastal resorts.
When enquiring please quote IATA37783
· 18 bedrooms – 14 with private bathroom.
· Ground‐floor café – fully equipped, potential for all‐day dining.
· Parking: Staff parking for 4 vehicles at the rear (used primarily by staff; limited guest availability in high season as a courtesy). An additional 2 shared spaces are located behind the hotel.
· Prime town‐centre location – high footfall, near beaches and surf schools.
· 999‐year leasehold – long‐term security with 7,595 yearly ground rent.
· Freehold option: The freehold is available for £180,000 (subject to contract) – purchase it now or leave it for the next owner.
Investment case:
At £550,000 leasehold, the property delivers an 8.2% gross yield – a standout return in today's market. With strong guest reviews ( location score 9.0), this is a rare opportunity for an owner‐operator or investor seeking immediate income in one of the UK’s top coastal resorts.
When enquiring please quote IATA37783
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£2,751 per month
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