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See how verdicts work2-bedroom terraced house · TR10 8JW
No longer listedListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented two bedroom character cottage with a modernised interior, stylish shaker style kitchen / dining room.
sunny enclosed rear garden and the advantage of a converted attic with stairs up to it. Delightful location in historic St Thomas's Street close to the town centre and walkable to the waterfront.
Why You'll Like It - This delightful two-bedroom mid-terrace cottage is set in historic St Thomas Street in Penryn, close to the town centre and within walking distance of the waterfront.
Beautifully presented throughout, the property offers light and bright interior décor and a warm, inviting feel from the moment you step inside.
An entrance vestibule leads into the large living room, where an attractive granite stone decorative fireplace creates a lovely focal point.
The kitchen has been refitted with a range of shaker-style base, wall and tower units, with space for a slot-in cooker, plumbing for a washing machine and room for a fridge / freezer.
To the rear of the property, the ground floor bathroom is fitted with a white suite comprising a pedestal basin, WC and white bath with electric shower over.
There is also a useful storage cupboard housing the mains gas boiler, and a modern composite stable door opens out to the enclosed rear garden.
Upstairs, the timber stairway and landing are particularly attractive, leading to a good-sized main bedroom with built-in wardrobe and a second single bedroom.
A further stairway rises to the useful carpeted attic space, which has been converted (not to building regulations) and features a roof light window.
Outside, the rear garden is a real delight, enjoying a sunny aspect with attractive planting and a patio area.
Where It Is - The historic market town of Penryn has enjoyed a fantastic surge in popularity over the years and particularly since Falmouth university set up their campus at Tremough.
The town is well connected with Truro and Falmouth having its own branch line station and there is a good array of shops and services with highly regarded schooling and fantastic sporting facilities locally.
The historic town centre has pretty shops and cafes with larger superstores to the outskirts along with many local businesses on the industrial parks the waterfront area is very pretty with a historic public quay giving access to the Penryn river which in turn connects with Falmouth harbour & Flushing.
There are some lovely waterside cafes and restaurants and fantastic walks along the edge of the river. Nearby Falmouth is a super town with a lovely shopping centre and fantastic beaches.
There is a passenger ferry connecting with St. Mawes Which is a delightful harbour village with more lovely beaches.
Services And Tenure - The property is freehold and has mains water, mains drainage, mains gas and mains electricity.
Council tax band B Important Information - Clive Pearce Property, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements of fact.
2 It should not be assumed that the property has all necessary planning, building regulation or other consents and Clive Pearce Property have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise. 3. Photos and Videos: The photographs and/or videos show only certain parts of the property as they appeared at the time they were taken.
Areas, measurements and distances given are approximate only. Any computer generated image gives only an indication as to how the property may look and this may change at any time.
Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
Information on the website about a property is liable to be changed at any time.
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
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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 advisers 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

FAQ
About St. Thomas Street, Penryn
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