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See how verdicts work2-bedroom flat · TR10 8JH
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom duplex apartment situated within Dean House, located in the heart of Penryn, one of Cornwall's oldest and most characterful market towns.
Driven by a bustling, creative student energy, with popular independent shops and restaurants, sitting alongside the ever-popular neighbouring town of Falmouth.
The Accommodation Comprises Glazed front door to:- Communal Entrance Porch Electric meters and fuse box. Telephone intercom system.
Obscure multi-pane glazed door to:- Communal Hallway Stairs to first floor. Communal access to the rear garden. Communal Landing Two cupboards housing the electric and and gas meters.
Private front entrance door opening into:- Entrance Hallway Double glazed arched window to side elevation enjoying an outlook over the surrounding rooftops, gardens and countryside beyond.
Exposed timber floorboards. Storage cupboard. Radiator. Bedroom One A large and light double bedroom with two timber sash windows to the front elevation. Radiator. Pendant light.
Bedroom Two A good sized double bedroom with timber sash window to the front elevation. Stripped timber flooring. Radiator.
Bathroom A three piece white suite comprising a p-shaped panelled bath with mixer tap, shower attachment and curved shower screen, low flush WC, and pedestal wash hand basin.
Mosaic tiled walls, slate flooring. Cupboard housing Worcester combi boiler. Built-in cupboard with shelving. Two high-level obscured windows providing plentiful natural light. Heated towel rail.
Kitchen/Dining Room A particularly well-proportioned and characterful open-plan kitchen/dining room featuring a newly fitted modern range of cupboards and drawers with elegant brass finishes.
The space is complemented by a wood-effect roll-top work surface with inset four ring gas hob and electric fan oven, and inset large ceramic sink with stainless steel mixer tap.
Further cupboard, tiled splashback. Space for washing machine, space for a fridge/freezer, integrated dishwasher. Beautifully stripped timber flooring throughout.
A panel door leads to a practical pantry. Two doorways lead from the hallway; one of which opens into an adaptable under-stair space (previously utilised as a home office).
Double glazed window to rear elevation. Double glazed door to fire escape. Phone entry system.
From the kitchen/dining room, stairs rise to the:- Living Room A magnificent room with beamed and vaulted roof and large arched window enjoying far-reaching views over surrounding rooftops, towards Penryn River and across to parts of Flushing and surrounding countryside.
Radiator. Eaves storage. The Exterior Communal Gardens Accessible via the ground floor communal hallway and kitchen fire escape.
A sunny, south-facing garden providing a large paved terrace, ideal for a table and chairs. There are a number of densely planted flower beds with a range of shrubs and trees.
Each apartment has the benefit of their own shed. General Information Services Mains water, gas, drainage and electricity are connected to the property. Gas fired central heating.
Council Tax Band A - Cornwall Council. Tenure Leasehold with 25% a share of the freehold. Current service charge: £1,190.00 per annum. 999 year lease commencing 1982.
We understand pets are restricted however cats are allowed with permission from the management company.
Viewing Strictly by appointment only with the vendors' Sole Agent - Laskowski & Company, 28 High Street, Falmouth, TR11 2AD. Telephone:
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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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
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FAQ
About Flat 4, Dean House, 14, Broad Street, Penryn
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