# 2 bedroom cottage for rent (TR8 5RB)

## Property Details

| Key | Value |
|-----|-------|
| Address | MONKS COTTAGE, LANGURROC ROAD, NEWQUAY, CRANTOCK, CORNWALL TR8 5RB |
| Price | £595 pcm |
| Bedrooms | 2 |
| Last sold | £130,000 May 2002 |

## Description

This property is an end of terrace period cottage with lots of original features.  Upstairs there are two bedooms with a bathroom, and downstairs a cosy reception room, with beamed ceiling and kitchen.  It is in the popular village of Crantock, close to Crantock beach, and Newquay with it selection of restaurants, shops etc.

## Property Photos

- ![Photo](/listings/photos/26339513/555941)
- ![Photo](/listings/photos/26339513/555942)

## Rental Range

*ONS Price Index of Private Rents (Cornwall). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £902/mo
- **Realistic:** £1,002/mo
- **Optimistic:** £1,102/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, Carneton Close, TR8 | £1,300/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Semi-Detached House, Surf View, TR7 | £2,250/mo | 2 | 0.66 miles | OpenRent |
| 2 Bed Terraced House, Surf View, TR7 | £1,295/mo | 2 | 0.67 miles | OpenRent |
| 2 Bed Terraced House, Surf View, TR7 | £1,250/mo | 2 | 0.67 miles | OpenRent |
| 2 Bed Flat, Mount Wise, TR7 | £1,220/mo | 2 | 1.09 miles | OpenRent |
| 2 Bed Flat, Mount Wise, TR7 | £1,200/mo | 2 | 1.09 miles | OpenRent |

**Average rent: £1,419/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,273/mo).*

- **Gross yield:** 2567.4%
- **Monthly cashflow:** £1,118/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7777.6%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)