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£199,950

Well Way, Newquay, TR7

  • 2 beds
Flat

£199,950

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£9,998
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Nestled just a mile and a half from the vibrant centre of Newquay, Porth is one of the area’s most picturesque and family-friendly beaches. This charming low-lying cove boasts a vast expanse of golden sand, providing ample space for relaxation and recreation. With safe bathing conditions, seasonal lifeguards, and natural attractions such as rock pools, caves, and the stunning Porth Island, it is a destination that invites exploration and adventure. The Southwest Coastal Path runs through Porth, offering breath-taking views and miles of walking opportunities.

A scenic 20-minute walk from Porth along the coastal path leads to Trebulzue Farm, the annual venue for the renowned Boardmasters music and surf festival. This major event, with a capacity of 50,000 attendees, is paired with the prestigious WQS surf competition held at the world-famous Fistral Beach, cementing Porth’s position as a hub for culture and outdoor adventure.

Living in Porth offers the perfect balance of coastal tranquillity and modern convenience. Local amenities are within easy reach, and the area falls within the catchment for some of the best schools, making it an ideal place for families. Newquay itself is a Cornish treasure, celebrated for its vibrant town centre filled with independent shops, excellent restaurants, and lively bars. With excellent transport links by road, rail, and air, Newquay is consistently ranked as one of the UK’s top seaside towns and holiday destinations.

Penhallow Court is an exclusive development of just eight purpose-built apartments located a short walk from the beautiful Porth Beach. Each apartment enjoys a one-eighth share of the freehold, with the benefit of a 999-year lease and resident management control, ensuring a strong sense of ownership and community.

Flat 4, positioned on the ground floor, is a recently refurbished two-bedroom apartment offering bright and welcoming living spaces. The property features a sheltered front entrance with a small patio area leading into a spacious living room with a large front-facing window. From here, a small inner hallway connects to the recently updated kitchen, which includes a range of fitted units, space for white goods, and room for a breakfast table. Both bedrooms are positioned to the rear of the property, offering a sense of privacy and tranquillity. The main bathroom has also been recently refurbished, featuring a modern white suite and a corner shower.

Throughout the apartment, there is electric heating and UPVC double glazing. The property also benefits from an allocated parking space and access to a rear communal drying and storage area.

Residents at Penhallow Court collectively own the freehold through the Penhallow Court Management Company, with day-to-day management outsourced to Penina Block Management. The monthly service charge of £120 covers general maintenance, grounds upkeep, and buildings insurance. The lease permits use as a primary residence, residential letting, holiday letting, and even allows for pets, providing flexibility for various lifestyles.

Flat 4 at Penhallow Court represents an excellent opportunity, whether as a first-time purchase, an investment property, or a holiday home. Its enviable location, modern features, and community-focused management make it a standout choice in one of Newquay’s most desirable areas.

FIND ME USING WHAT3WORDS: bother.aviators.easels

THE LEASE:
Length of lease: 980 years
Lease start date: 25 March 1999
Ground rent: £130 PCM for ground service charge
Ground rent review period: Annually
Freeholder: Share of freeholder
Management company: Penina
Residential letting: Yes
Holiday Letting: Yes
Pets: Yes
Any other relevant lease info: All lease info, supplied by vendor, but not verified by sight of the lease, buyers are advised to make confirm any/all crucial lease details in advance of making a material decision. The lease may be available on request.  

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