Sold STC Flat

FLAT 2

CAERNARVON LODGE, 10, ST PIRANS ROAD, NEWQUAY, CORNWALL TR7 1JY

1 beds 1 baths 41 m² Listed 6 Jun 2025 (-372d)

£125,000

Guide Price

Save

# 1 bedroom apartment for sale (TR7 1JY)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, CAERNARVON LODGE, 10, ST PIRANS ROAD, NEWQUAY, CORNWALL TR7 1JY |
| Price | £125,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £115,000 Feb 2026 |

## Description

This ground floor apartment close to town centre.  Accommodation comprises open plan sitting area with kitchenette, double bedroom, shower room with a separate utility area.  Outside there is one allocated parking space.  The property benefits from uPVC double glazing and gas central heating.  Available now.

## Property Photos

- ![Picture No. 16](/listings/photos/162930587/596227) - Picture No. 16
- ![Picture No. 15](/listings/photos/162930587/596229) - Picture No. 15
- ![Picture No. 11](/listings/photos/162930587/596231) - Picture No. 11
- ![Picture No. 12](/listings/photos/162930587/596232) - Picture No. 12
- ![Picture No. 13](/listings/photos/162930587/596236) - Picture No. 13
- ![Picture No. 14](/listings/photos/162930587/596237) - Picture No. 14
- ![Picture No. 17](/listings/photos/162930587/596239) - Picture No. 17

## Floorplans

- ![Floorplan](/listings/photos/162930587/596241) - Floorplan

## EPC Graphs

- ![Picture No. 21](/listings/photos/162930587/596242) - Picture No. 21

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CAERNARVON LODGE, 10 FLAT 2 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY | £115,000 | 12/02/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 21 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY | £355,000 | 28/04/2023 | Semi-detached |
| [Same street] CAERNARVON LODGE, 10 FLAT 4 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY | £107,000 | 23/05/2022 | Flat |
| [Same street] CARNARVON COURT 4 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY | £215,000 | 12/07/2021 | Flat |
| [Same street] 7 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY | £273,000 | 05/07/2021 | Terraced |

**Street average:** £237,500 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £218,913 (32 Flat, TR7, 2024–2026)
- **Deviation:** -42.9%

## 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 |
|------|------|------|------|------|
| 1 Bed Flat, Crantock House, TR7 | £825/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Tower Road, TR7 | £1,180/mo | 1 | 0.15 miles | OpenRent |
| Bedsit, Tower Road, TR7 | £670/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Clearview, TR7 | £1,000/mo | 1 | 0.18 miles | OpenRent |
| Studio Flat, Fore Street, TR7 | £750/mo | 1 | 0.27 miles | OpenRent |

**Average rent: £885/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.66% (weak for cashflow)
- **Max investor price (0.8%):** £103,125
- **Target investor price (1%):** £82,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £825/mo).*

- **Gross yield:** 7.9%
- **Cost-to-rent:** 12.6×
- **Monthly cashflow:** £225/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -17.6%
- **10y growth:** 61.2%

## House Price Index (HM Land Registry)

*Official index for Cornwall; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -7%
- **5y growth (index):** -2.2%
- **10y growth (index):** 17.9%

## 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)

Picture No. 16 Picture No. 15 Picture No. 11 Picture No. 12 Picture No. 13 Picture No. 14 Picture No. 17

/ 7

Property details

Floor area

41 m²

Council tax band

Last sold

£115,000 Feb 2026

Local average

£218,913 (-42.9%)

Deprivation

Decile 4 (12,924 of 33,755)

Street crime

165 incidents within 1 mile (Apr 2026)

Key features

1 Double Bedroom
Open Plan Sitting/Kitchenette Area
One Double Bedroom
Separate Shower Room
Utility Area
Allocated Parking
uPVC Double Glazing
Gas Central Heating
Close To Town Centre
Available Now

Additional details

Parking: Yes

Description

This ground floor apartment close to town centre. Accommodation comprises open plan sitting area with kitchenette, double bedroom, shower room with a separate utility area. Outside there is one allocated parking space. The property benefits from uPVC double glazing and gas central heating. Available now.

Listed by

Newquay

Bradleys

Reference: 162930587

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

Picture No. 21

Price history

Event	Date	Price	% change
Sold	12/02/2026 (4 months ago)	£115,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 21 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY	£355,000	28/04/2023	Semi-detached
Same street CAERNARVON LODGE, 10 FLAT 4 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY	£107,000	23/05/2022	Flat
Same street CARNARVON COURT 4 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY	£215,000	12/07/2021	Flat
Same street 7 ST PIRANS ROAD, NEWQUAY, CORNWALL, TR7 1JY	£273,000	05/07/2021	Terraced

Street average: £237,500 (4 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -17.6%

10y growth 61.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Cornwall. Series: Flats and maisonettes. As of March 2026.

1y (index) -7%

5y (index) -2.2%

10y (index) 17.9%

Rental Range

Estimated market rent for Cornwall. Low = conservative, Realistic = average, Optimistic = best case.

Low £902/mo

Realistic £1,002/mo

Optimistic £1,102/mo

Based on Local Authority from postcode lookup → Cornwall.

Location

Map view View on Google Maps View on OpenStreetMap Street View TR7 1JY

Address

5 St Piran's Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Crantock Street	0.1 miles
Bus stop	Tower Road	0.1 miles
Shop	The Cycle Mechanic	0.1 miles
Shop	Tower Road Laundrette	0.1 miles
Train station	Newquay	0.7 miles
Train station	Quintrell Downs	2.8 miles
University	Peninsula Dental School	10.2 miles
Hospital	Mount Hawke Surgery	10.5 miles

Street-level crime

Category	Count
Violence and sexual offences	80
Anti-social behaviour	30
Criminal damage and arson	19
Public order	12
Other theft	7
Burglary	4
Shoplifting	4
Vehicle crime	3
Drugs	2
Other crime	2
Bicycle theft	1
Robbery	1
Total incidents	165

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Trenance Learning Academy	Primary	0.5 miles	Outstanding — 24 Sep 2023
Newquay Junior Academy	Primary	0.8 miles	Good — 2 Dec 2019
The Bishops CofE Learning Academy	Primary	1.0 miles	Good — 24 May 2013
Newquay Tretherras	Secondary	1.5 miles	Good — 9 Oct 2013
Newquay Primary Academy	Primary	1.5 miles	Outstanding — 14 Mar 2024

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
1 Bed Flat, Crantock House, TR7	£825/mo	1	0.09 miles	OpenRent
1 Bed Flat, Tower Road, TR7	£1,180/mo	1	0.15 miles	OpenRent
Bedsit, Tower Road, TR7	£670/mo	1	0.16 miles	OpenRent
1 Bed Flat, Clearview, TR7	£1,000/mo	1	0.18 miles	OpenRent
Studio Flat, Fore Street, TR7	£750/mo	1	0.27 miles	OpenRent

Average rent: £885/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.66%

Max investor price (0.8%) £103,125

Target investor price (1%) £82,500

Gross yield 7.9%

Cost-to-rent ratio 12.6×

Monthly cashflow £225/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 7.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).