2021 saw ultra-luxe Cornish property group, Stephens + Stephens, showcase plans for a new landmark building in one of Cornwall’s most desirable coastal locations, combining stunning apartments above retail space for budding local entrepreneurs. Following 88% of the initial wave of 32 apartments being reserved, the highly sought-after executive penthouses and prime third floor apartments are now open to be reserved.
The fifth luxury development in Newquay in four years from the leading Cornish boutique architectural and design practice, One Pentire – designed by award-winning HLM architects – is projected to be ready for occupation by summer 2023. Sitting proudly at the ‘gateway’ to the Pentire Headland, the release of the third floor and penthouse apartments gives buyers and investors the opportunity to own their own slice of this popular coastal haven.
Stephens + Stephens’ celebrated new-wave style shine through One Pentire, with luxury, style-driven longevity, and the famous Cornish Life + Style forever front of mind. Coupled with being just a stone’s throw away from both the iconic surfing beach Fistral and The Gannel Estuary, and with the enigmatic edge of Pentire Point at the opposite– it’s no surprise properties in this jaw-dropping location are in immediate demand.
Helen Stephens, Creative Director of Stephens + Stephens, comments: “When crafting One Pentire, we wanted to create a concept that would both stand out and blend in – be the perfect union between luxury living and the natural surroundings. Taking these contradictions and creating the fine balance between the two worlds was a challenge, but we feel through this collection of apartments we have achieved perfect harmony.
“Newquay is undeniably located in one of Cornwall’s most sought-after spots – last year, Rightmove named it the fastest moving market in the UK. Through One Pentire, we’re creating opportunities for even more people to enjoy this wonderous locations, as well as creating much-needed, high-end space for locals to set up shop. From enhancing tourism to creating local jobs, we feel One Pentire reflects the best elements this corner of Cornwall has to offer and will be a genuine asset to the community.”
The One Pentire Third Floor apartments will start from £390,000. The nine exclusive Penthouse Apartments will start from £450,000.
The boutique development hosts nine outstanding penthouses, and 65 exclusive studio, one, two and three bed apartments across six floors in total (Lower Ground, Ground, First, Second, Third and Penthouse), as well as expansive underground parking for all apartments with lift access to each floor.
Throughout the third-floor apartments, touches of elevated luxury are clear. The interior design, from sister design agency Absolute, seamlessly brings the outside in with neutral hues and earthy undertones all through the six one-bedroomed, five two-bedroomed and three three-bedroomed apartments. Stunning contemporary Italian kitchens provide a touch of glamourous practicality, and black bathroom fittings add depth. The icing on the cake are the striking sea views.
Occupying the top floor, residents can find five beautiful one-bedroomed and four two-bedroomed exclusive penthouses, all with incredible sea views from private balconies, giving the ultimate coastal experience and perfect for watching the magnificent Atlantic Ocean sunsets. Step inside, and timeless interiors featuring neutral and green hues create synergy with the natural surroundings, evocative of Californian beach houses with woody accents and light, bright and airy aesthetics. The penthouses are finished to the highest spec for total relaxation and the ultimate Cornish Life + Style.
One Pentire’s walls will be crafted out of Cornish Slate and gabion baskets filled with Natural Stone. The exteriors are all thoughtfully designed to be responsive and sensitive to the surrounding coastal setting, climate, and topography. Windows have been manufactured to have thermally efficient solar reducing glass providing low energy ratings.
External landscaping will ensure maximal indoor/outdoor living benefits with a stunningly landscaped communal garden space for residents’ and visitors’ ultimate alfresco enjoyment.
As part of the project, Stephens + Stephens is creating valuable space for local entrepreneurs and businesses to thrive, including space for a wine bar and café-deli on the ground floor.
One Pentire is situated in The Fistral Bay area which is conveniently close to some of Cornwall’s iconic landmarks, amenities and coastal landscapes that help define the seven-bay destination of Newquay. The area is designed on a grand scale with expanses of open coastal land, landmark hotels, internationally renowned beaches, an incredible golf links course and large residential villas all creating a year-round saltwater buzz.
Pentire forms a key area in the distinctive interplay between the town’s-built environment and its spectacular natural setting. Add to this the fact that Cornwall is no longer a summer-online destination, but one that welcomes visitors year-round, it’s easy to see why properties are in immediate demand, making Number One Pentire a lucrative option for investors and a perfect lifestyle choice for relocators.
For those looking to invest in Cornwall, this autumn Stephens + Stephens announced a guaranteed fixed 10% gross yield return to discerning investors over a five-year period who use the business’ holiday letting arm, Sunrise + Sunset. In addition to the guaranteed return, investors will benefit from the following: properties can be used for the investor’s own personal holidays as well, meaning a Stephens + Stephens investment property can also be used to create memories as well as income; properties have natural capital appreciation – with the average property price in Cornwall increasing average price increasing by 17% for the 12-month period to August 2021, compared with 12% across the UK .
More than just a luxury property builder, Stephens + Stephens continues to go the extra mile, and a full turnkey service can be available for all investors.
• Boutique Concierge Service: Paul Stephens, not being able to find the personalised service that he felt potential buyers required from local luxury estate agents, invested in creating a new concierge service for buyers. Services cover everything from ensuring all paperwork needs are whisked through with minimum fuss, and are there with you whenever you need them.
• Interior Design: Helen Stephens founded design agency, Absolute, in 1991 and has worked with brands and customers ever since. Absolute will ensure every detail in a luxury holiday let is complete, from furniture to fabrics and fittings. It is a true luxury interior design service that creates unique spaces. Research shows prospective tenants view an unfurnished property as a capital cost they want to avoid, meaning most tenants will want and need a fully furnished space. A beautifully styled property will give it the edge it needs to stand out in a busy market .
• Sunrise + Sunset: Everything which is so distinctly Stephens + Stephens applies to Sunrise + Sunset, who’s aim is to look after some of Cornwall’s finest holiday properties. The team pride themselves in going the extra mile – whether that is ensuring the finest treats are left for the family dog, to luxury shampoos in the bathrooms for guests who expect and deserve only the finest holiday experience.