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See how verdicts work1-bedroom flat · TR10 8SG
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented light and bright one bedroom first floor apartment ideally suited to first time buyers, investors and those seeking a low maintenance home.
Situated in a convenient Penryn location, this attractive apartment offers bright and comfortable accommodation comprising of a light and bright welcoming lounge, a well equipped kitchen/diner, a good sized double bedroom and a modern bathroom.
The property is presented in good order with a light and airy feel creating a pleasant, inviting home.
The open plan kitchen/diner provides a practical space for everyday living and entertaining with a separate lounge offering a comfortable place to relax.
An appealing opportunity for those looking for a well maintained apartment in the popular town of Penryn. Calver Close, built by Wainhomes in 2007 is a very popular location and understandably so.
Situated at the top of the town and main shopping area it is also in close proximity to the Railway Station and consists of a cul-de-sac featuring a range of houses and apartments.
This top floor flat has an allocated parking space opposite. Penryn is an historic market town with many individual shops along side convenience store, Post Office, Public Houses and cafes.
With the expanding Penryn Campus of the University, the town has a buzz about it whilst maintaining plenty of the ancient character and features.
Regular transport links to the University, Falmouth and Truro by bus and train are available in the town and there is a bus stop at the top of Calver Close.
Penryn certainly has much to offer and is situated just two miles from the harbour side town of Falmouth, voted amongst the top ten places to live in the UK with its beautiful beaches and waterfront.
Accommodation Comprises Communal hallway with entry phone providing access to entrance door opening to:- Hallway Radiator, entry phone system and loft hatch.
Two useful storage cupboards, one housing the electrics and one shelved.
Doors opening off to:- Lounge (13' 10'' x 11' 4'' (4.21m x 3.45m) maximum measurements) A spacious light and bright room with a large window having fitted vertical blinds.
Archway through to:- Kitchen/Diner (11' 5'' x 9' 9'' (3.48m x 2.97m)) Range of wall and floor mounted units with tiled surround and worktop incorporating a sink and drainer.
Integrated 'Belling' oven and hob over with extractor hood above. Space for tumble dryer, space for washing machine and space for fridge/freezer and space for dining table. Two double glazed windows.
Radiator. Boiler cupboard housing a 'Worcester' boiler. Double Bedroom (11' 2'' x 9' 8'' (3.40m x 2.94m) maximum measurements) Double glazed window with fitted blinds and radiator.
Space for wardrobe and desk. Bathroom Obscured double glazed window with fitted blind.
Bath with tiled surround and screen, electric shower over and shower tap attachment, pedestal wash hand basin with tiled splashback, mirror over and low level WC.
Mirrored cabinet, heated towel rail and extractor fan. Parking There is one parking space with the property. Services Mains water, mains drainage, mains electric and mains gas.
Agent's Notes The Council Tax band is band 'A'. Leasehold Information Remainder of 999 year lease from 2007.
For 2026 the current annual ground rent is £210.00 and the current quarterly service charge is £419.17 to cover cleaning of communal areas, bin store area, fire alarm testing, various shared costs and also includes a contribution to a sinking fund which is a provision towards future repairs.
There is an annual estate charge currently of £150.00 for grass cutting etc., in shared areas of Calver Close. The management company are Plymouth Block management.
Current annual buildings insurance was £357.75. Directions From Penryn Railway Station proceed down the hill.
At the junction turn right and continue in towards Penryn town centre on the one way system in West Street. Calver Close can be found about 600 yards along on the left hand side. If using What3words:-
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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FAQ
About 60, Calver Close, Penryn
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