3-bedroom house · TR10 8BL
Listing removedListed 97 days
Opportunity summary
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About
A 2/3 bedroom Grade II Listed period cottage, situated within popular St Gluvias Street just moments' from the town centre.
The well proportioned accommodation comprises, on the ground floor: Entrance hallway, living room, double bedroom/dining room and kitchen with access to the rear courtyard.
On the first floor are 2 further double bedrooms and a family bathroom. The property enjoys an east-facing enclosed courtyard to the rear.
Being sold with no onward chain, this central cottage would make an ideal home, or investment purchase, having been previously let for £1,650 pcm.
Location St Gluvias Street is just moments from the heart of the town centre, providing easy access to Penryn's shops, restaurants and bars; picturesque Penryn Quay is just a short walk down the hill, with its popular Muddy Beach Cafe and Bailey's Farm Shop.
A regular bus service operates throughout the town with the train station and Penryn university campus close by.
The Accommodation Comprises From St Gluvias Street, a granite threshold with recessed traditional entrance door opens into the:- Hallway Doors to living room and kitchen.
Turning staircase at midway rising to the first floor with under-stair storage. Gas meter, electrical consumer unit and meter. Double radiator, carpeted flooring, telephone point.
Panelled door leading into the:- Living Room (3.45 x 3.43 (11'3" x 11'3")) Second measurement into recess.
A cosy room featuring a charming central gas fireplace with matching hearth and back panel, mantel and surround. Recess to either side with wall lights.
Recessed sash window to the front elevation with deep sill. Double radiator, TV aerial point, carpeted flooring.
Kitchen (2.24 x 1.81 (7'4" x 5'11")) Located to the rear of the property, open to the hallway. Exterior door providing access onto the rear courtyard.
Range of fitted base and wall cupboards, stone work-surface incorporating a stainless steel sink with swan neck mixer tap and drainer.
Hotpoint electric oven with four-ring gas hob above and extractor fan over. Integrated fridge and dishwasher. Radiator, part tiled walls, wood-effect laminate flooring.
Bedroom Three/Dining Room (3.00 x 2.27 (9'10" x 7'5")) Plus Chimney breast recess. Ground Floor double bedroom, (formerly a dining room) with large corner recess.
Sash window to the rear elevation with deep sill. Radiator, carpeted flooring. First Floor Split Level Landing Doors to both bedrooms and bathroom. Loft access. Part paneled wall.
Bathroom (2.25 x 1.78 (7'4" x 5'10")) White three-piece suite comprising low flush WC, pedestal wash hand basin with mixer tap. Panelled bath with mains-powered shower and glass screen.
Louvre door opening to airing cupboard housing Celsia combination boiler and slatted shelving. Obscure uPVC double glazed window to the rear elevation.
Heated towel rail, fully tiled walls and flooring. Radiator, extractor fan.
Bedroom One (4.71 x 3.53 (15'5" x 11'6")) A exceptionally spacious double bedroom spanning the full width of the property, with recessed sash window to the front elevation.
Carpeted flooring, radiator. Corner recess ideal for a wardrobe or potential desk space. Central ceiling light. Bedroom Two (3.13 x 2.31 (10'3" x 7'6")) Plus chimney breast recess.
Another double bedroom with window to the rear elevation and deep sill. Carpeted flooring, radiator, central ceiling light. Part paneled wall.
The Exterior Rear Courtyard An enclosed, low maintenance area providing excellent sitting-out space, ideal for alfresco dining. Two raised flower beds.
Outbuilding/Utility A particularly useful outbuilding, attached to the rear of the property.
Timber panelled door, space for freezer and further space and plumbing for washing machine and tumble dryer. Wooden shelving, water tap. Power and light connected.
General Information Services Mains water, electricity, gas and drainage are connected to the property. Gas central heating. Council Tax Band B - Cornwall Council. Tenure Freehold.
Viewing By telephone appointment with the vendor's Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:
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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FAQ
About 24, St Gluvias Street, Penryn
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