4-bedroom terraced house · TR3 7JR
For saleListed 240 days
Opportunity summary
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About
This exceptional three storey conversion is presented to a high standard and is defined by high quality, light and spacious living arranged with versatility in mind.
With exposed stonework, structural timbers and lofty bedrooms combining perfectly with a stunning open-plan living area and guest suite / sitting room, this is the perfect lock up and leave.
Distances Perranwell Station (village centre) – 0.8; Perranwell Station (branchline rail to Falmouth and Truro) – 2; Devoran – 1.5; Carnon Downs – 2.5; Mylor Yacht Harbour – 4.5; Loe Beach (Feock) – 5; Falmouth – 5; Truro – 6; Helford Passage – 9; Cornwall Airport (Newquay) – 24.5 (All distances are approximate and in miles) What 3 Words ///sushi.crib.handlebar The location Situated alongside the River Kennel leading to the upper reaches of Restronguet Creek at Devoran, Perran Foundry is a historic landmark development that once formed a hugely important part of the Cornish mining industry.
Perran Foundry is one of three major iron foundries in Cornwall founded in the late eighteenth and early nineteenth centuries manufacturing steam pumping engines for draining tin and copper mines.
The delightful village of Perranwell Station is conveniently situated almost halfway between Truro and Falmouth, and within easy access of both the north and south coasts.
This highly regarded village includes its own primary school, pub, church, post, active village hall, football and cricket clubs, together with a branch line rail link to Truro and Falmouth.
The area is incredibly well placed for the creeks of the Fal Estuary and Mylor Yacht Harbour (where Sir Ben Ainslie learnt to sail) just a short drive away, arguably some of the best day-sailing waters in the UK.
Both Falmouth and Truro are approximately six miles away providing an extensive range of facilities including national class schools and colleges, hospitals, the National Maritime Museum, Hall for Cornwall and mainline railway connection to London Paddington.
Cornwall Airport is just 24 miles away with a range of domestic and European flights. Tenure, services and material information Grade 2 Listed. Leasehold. 999 years from inception in 2012.
Annual charge of approximately £1,716 per year includes ground rent, upkeep and maintenance of communal areas, management company administration and sinking fund.
Council Tax band E Mains electricity, water, drainage, and gas. Gas central heating. Broadband: FTC (source:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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