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Fairview Terrace, Newquay

South West

£375,000
Listed on 07/10/2025

Property Details

Bedrooms
6
Type
Semi-detached house

Description

This spacious six-bedroom period townhouse presents a unique opportunity for renovation and investment in a highly desirable location. Just a short walk from Newquay town centre, the property is conveniently close to numerous beaches and local schools, making it an ideal setting for families or potential holiday rentals. Originally operated as a guest house for approximately twenty years, this home has transitioned to full residential status. Its generous layout not only offers ample living space but also holds significant potential for those looking to customize or modernize. Character and original features are prevalent throughout the property, creating a canvas that can be tailored to individual tastes. Entering through a welcoming hallway, you’ll find a large dual-aspect lounge diner complete with a bay window and an open fire, providing an inviting atmosphere for relaxation or entertaining. This bright area seamlessly flows into the dining space and leads towards several functional rooms at the rear. These include a practical store room, dedicated study, and a shower room—perfect for those needing additional work-from-home options or storage solutions. The ground floor also features a spacious double bedroom with its own en suite shower room, ideally suited for guests or multi-generational living arrangements. The kitchen at the rear of the property is functional yet offers the potential for modernization; it currently includes basic cabinetry with space allocated for necessary appliances and leads out to the rear courtyard. On the upper level, five additional bedrooms await—four doubles and one single. Notably, two of these double bedrooms come with en suite shower facilities. A WC and family shower room are conveniently located off the landing as well. Additional highlights of this property include gas central heating, access to a sizable loft area that could be developed further, and opportunities in the rear courtyard which may allow for off-street parking pending planning approval. In summary, this substantial townhouse combines flexibility with noteworthy investment potential. While it requires some general modernization, it stands as an excellent opportunity to create a personalized living space just moments away from vibrant local amenities and stunning coastal areas. This property is particularly appealing for growing families or investors seeking to inject value through thoughtful renovations in a sought-after location.

Investment Analysis

(TR7 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TR7)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -9.4%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on TR7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Fairview Terrace, Newquay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE