2-bedroom flat · TR10 8JH
Listing removedListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two-Bedroom Ground-Floor Apartment in a Grade II Listed Building, Heart of Penryn Description A well-presented two-bedroom ground-floor apartment in an attractive Grade II listed period building in the heart of Penryn.
Location On Broad Street in the centre of Penryn, the property is moments from independent shops, cafés, pubs and amenities.
The historic harbour and waterfront walks are nearby, with Penryn Railway Station providing direct links.
Falmouth is easily reached by car, bus or train, offering beaches, restaurants, marinas and the National Maritime Museum.
Ideal for professionals, students or anyone seeking a characterful base close to both town and coast.
Communal Entrance Attractive period building on Broad Street, identified by “Dean House” signage and approached directly from the pavement.
Communal Entrance Hall Secure inner vestibule with door intercom. A shared corridor leads to the apartment front doors.
Entrance Hall A door from the communal hallway opens into a welcoming entrance hall fitted with a door entry system. Bedroom one is to the left.
A central hallway leads to the living room through a part-glazed timber door, while a practical area to the right offers good scope for freestanding storage and access to bedroom two and the bathroom.
Bedroom One Well-proportioned room with front sash window, timber panelling and shutters, radiator and useful storage cupboard.
Bedroom Two Comfortable double bedroom with side double-glazed window and radiator. Bathroom/WC White suite with panelled bath, mains shower, glazed screen and chrome mixer tap.
Low-level WC and wash hand basin with cupboard under. Fully tiled in large-format marble-effect ceramics. Double-glazed obscured side window.
Living Room The heart of the home, featuring an exposed curved stone wall that brings warmth, texture and period character.
Bright rear aspect with high-level double-glazed window and full-height French doors opening directly to the rear garden.
Generous space for seating and a workspace, with two radiators providing even warmth. Opening through to the kitchen.
Kitchen Cream Shaker-style floor, wall and drawer units with wood-effect worktops and terracotta mosaic splashbacks. One-and-a-half bowl ceramic sink beneath a side double-glazed window.
Stained-glass circular panel to the rear adds a period touch. Appliance space for a cooker, washing machine and fridge/freezer, with a microwave shelf and Worcester boiler.
Communal Garden Sunny south-facing communal garden accessed via the living room French doors, with a sectioned area for the property’s use. Paved terrace ideal for outdoor seating, plus timber shed.
Agent’s Note The front elevation of the building is scheduled for redecoration. Additional Information • Council Tax Band A • Lease: 999 years from 1982 (approx.
955 years remaining) • Share of Freehold: 25% •Ground Rent: £10 pa • Maintenance Charge: £1,200 pa (reviewed 01/01/27) • Fibre to the Premises (FTTP)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
.png)
FAQ
About Flat 2, 14, Broad Street, Cornwall
Explore nearby