Newquay Buy to Let – AST or holiday rental?

by Property Hotspots

14:02 PM, 22nd September 2015
About 3 years ago

Newquay Buy to Let – AST or holiday rental?

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Newquay Buy to Let – AST or holiday rental?

Newquay beachNewquay Apartment Sale in TR7 is a fantastic buy-to-let investment property in Cornwall. Fully tenanted with a Net Yield of 7.7% on a purchase price of £67,000 provides an attractive all year income.

However with the rising popularity of holiday lets and several popular websites such as AirBnB, Homeaway and Ownersdirect that are allowing buy-to-let landlords to maximize their income by renting on short-term holiday lets it has become much easier to find guests. These same properties can be rented for as much as £400 per week in peak times, or even daily rates of £50 – £72 per night.Newquay buiding

This latest property development in Newquay is completely tenanted and located in the residential part of town. It consists of studios and 1-bedroom apartments with allocated parking. Most have balconies and some with sea views over the beautiful Lusty Graze Beach.

Newquay InteriorAll apartments come with integrated electric oven and hob, laminate flooring and carpets in the upstairs duplexes. Suitable for the young professional market, the development is conveniently located just half a mile from the town centre and train station. This is an ideal rental investment property or potential holiday let with personal use.

 



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