2-bedroom flat · TR10 8PN
Listing removedReduced £10k (−5.1%) on 20 JunListed 159 days
Opportunity summary
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About
Tenure: Leasehold The property 12 Harris Court is an apartment located in the heart of Penryn boasting many attributes including a southerly facing rear balcony and garden, views towards both the countryside, viaduct and sea including St Mawes castle.
The apartment is generously proportioned with a large sitting room with pleasant views, a well presented kitchen and two further double bedrooms along with a family bathroom.
The apartment also benefits from a private parking space and no onward chain.
The location Harris Court, Saracen Way is located just off the centre of the historic town of Penryn, ideally situated for access to all local amenities including bespoke shops, local stores, pharmacy, galleries, bars, doctors surgery and a 10-15 minute walk down to the Penryn Quay and Penryn River.
Penryn is one of the oldest towns in Cornwall, having received its first charter in 1265; a town full of surprises and surrounded by lovely countryside.
The building of Glasney College in 1265 placed the town on the map then the arrival of Falmouth and Exeter University has turned Penryn into a buzzing and vibrant area.
There are many local sports clubs that are active in the community including Penryn football club, St Gluvias Cricket Club and Penryn Rugby Club.
Penryn is served by Penryn Primary Academy and Penryn College, whilst a 6th form can be found available at Falmouth School.
The town enjoys good communication with Falmouth via its regular bus service and its train station, which links to the city of Truro and mainline Paddington service.
Falmouth town (approximately 2 miles) provides an eclectic and more comprehensive range of shopping, schooling, business and leisure facilities.
EPC Rating: C Accommodation In Detail (all measurements are approximate) Entering through a composite front door with opaque glazed section into the ......
Hallway Sheet lino chequer board tile effect flooring. Smoke alarm. Wooden door to living room. Partially glazed wooden door to..... Kitchen UPVC double glazed window to front.
Wood effect laminate base and eye level units with laminate worktop and stainless steel hand wash basin with chrome mixer tap. Electric cooker with gas hob and extractor above. Space for white goods.
Cupboard containing water meter. Radiator. Tiled floor and splashback. Living Room Large UPVC double glazed windows to rear along with UPVC double glazed door to balcony. Radiator. TV points.
Fibre broadband point. Wooden door to secondary hallway. Balcony Southerly facing with metal handrail. Outdoor lighting. Electrical socket.
Secondary Hallway Sheet lino chequer board tile effect flooring. Wooden doors to bedrooms and bathroom. Bedroom One UPVC double glazed windows to side and rear. Radiator.
Wooden door to storage cupboard. Smoke alarms for sprinkler system. Bedroom Two Large UPVC double glazed window to side, Radiator.
Cupboard containing the valiant combination boiler powering the gas fired central heating system. Bathroom UPVC double opaque glazed window to front.
Three piece white suite comprising pedestal hand wash basin with chrome taps, W/C and bath with chrome taps and hand held shower attachment. Tiled throughout. Heated towel radiator.
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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About 12 Harris Court Saracen Way, Penryn
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