2-bedroom semi-detached house · TR10 9DE
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property Very well-presented property comprising of two bedrooms and a bathroom upstairs and sitting room, kitchen and WC downstairs, The rear garden is a wonderful feature of this property and is delightful, high walls, totally enclosed and very pretty.
There is also a large carport with off-road parking. This property is an ideal starter home so would suit a first time buyer or even someone wanting to downsize.
The location Round Ring Gardens is a modern well renowned development positioned on the St Gluvias / Enys side of Penryn, a historic and ancient market town with an active community and excellent everyday facilities including a nursery, primary and secondary schools.
The town enjoys good communication with Falmouth via its bus service and train station, which links to Truro city and mainline Paddington.
Penryn Campus is occupied by both Falmouth and Exeter Universities sharing buildings, facilities and services as part of the combined universities in Cornwall project; this recent transition into a University town is creating a real 'buzz' for the area.
Falmouth town (approximately 2 miles) provides comprehensive shopping, schooling, business and leisure facilities and was recently voted 'the best place to live in the South West' in the prestigious Sunday Times guide EPC Rating: C Accommodation In Detail (all measurements are approximate) through the front door into the.....
Hallway Stairs rising to the first floor. Door into..... Sitting Room Double glazed window to the front. Laminate flooring. Tv and telephone points. Radiator.
Kitchen/Diner Range of eye and base units with space and plumbing for a washing machine, an integrated cooker, gas hob, stainless sink with double glazed window facing the garden, a radiator and a cupboard under the stairs.
Door to rear garden. Cloakroom/WC Double glazed window to side. Low level WC and pedestal hand basin. Radiator. First Floor From the hallway stairs up the the first floor....
Landing Doors to two bedrooms and bathroom. Bedroom One Two double glazed windows to front. Radiator. Bedroom Two Double glazed window overlooking the rear garden. Radiator.
Bathroom Three piece suite comprising low level WC, panel bath with overhead shower and a pedestal hand wash basin. Double glazed window to the side.
Development/Estate Charges Currently (2025) £26.13 per month. Rear Garden The rear garden is a lovely area to sit and enjoy the evening sun. High walled and beautifully presented.
A side gate leads to the carport.
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.
Area
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FAQ
About 55 Round Ring Gardens, Penryn
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