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3 bedroom semi-detached house for sale
Henver Road, Newquay
£225,000
Henver Road, Newquay
£225,000
Price History
Initial price | £250,000 |
04/01/25 | £225,000 |
Price Change | -10.00% |
Description
This semi-detached property is available for quick sale, with the vendors seeking a cash buyer who can complete within six weeks. The property has a failed mundic test, which means the foundations are deemed unsound and the property is considered unmortgageable. A report from Cornwall Mining Consultants found that the property's foundations are mainly soft and weak, and the marketability will be impaired until the property has been definitively classified or replaced. The report also estimates that £35,000 is needed to underpin the property to make it sound and mortgageable, plus an additional £1,000 for professional fees. The property has been vacant since November 2024 and has been rented out in the past. It has a gas boiler that was inspected and passed safe by British Gas in February 2024, and an electrical installation that was tested and found satisfactory in May 2024. The property is available with immediate vacant possession and is suitable for refurbishment or repair.