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See how verdicts work1-bedroom flat · TR10 8BG
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An incredibly charming and spacious first floor apartment with generous enclosed sun terrace set within this attractive Grade II Listed building in central Penryn.
It boasts a large double bedroom, generous bathroom/shower room and a fantastic open-plan kitchen/living room/dining room with glazed door leading out to the enclosed sun terrace.
The Accommodation Comprises Period communal front door to:- Communal Entrance Hall Period turning staircase rising to the first floor.
Private apartment door to:- Entrance Hall Wall-mounted coat hooks and electric consumer box. Built-in airing cupboard housing the hot water cylinder and linen shelf.
Door to inner hall and door through to:- Bathroom Fitted with a three piece suite in white, comprising a panelled bath with shower over and glazed screen, low level WC and pedestal wash hand basin, ceramic wall tiling.
Obscure sliding sash window to the rear with deep tiled sill. Inner Hall Providing a seating area. Fitted safe. Wall-mounted door entry handset.
Doors to the open-plan living room and also to the bedroom. Double Bedroom Sliding sash window to the front elevation with deep solid wood sill. Electric storage heater.
Open-Plan Kitchen/Living/Dining Room Kitchen Fitted with range of wall-mounted and matching base units with u-shaped work surface over, one extending to a breakfast bar.
Space for fridge/freezer and washing machine. Insert sink unit with mixer tap. Fitted electric Range cooker with extractor hood. Living Area A bright, spacious reception area. Electric storage heater.
Two windows and door giving access out to the rear sun terrace.
The Exterior Sun Terrace A most unusual and surprisingly large outside space enclosed with new timber fencing and laid with artificial grass with ease of maintenance in mind.
This is a great space for outside dining and enjoys the morning and early afternoon sunshine and enjoys views towards Bohelland and St Gluvias over the neighbouring roof tops.
Communal Garden/Storage Area To the rear of the building, accessed via a door leading from the ground floor communal hall, there is a useful enclosed yard suitable to house bins and recyclables.
General Information Services Mains water and electricity are connected to the property. Electric heaters. Council Tax Band A - Cornwall Council. Tenure Leasehold: 980 years remaining.
One eighth of the share of the freehold. The current ground rent and service charge combined is £65 per month.
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
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
Agent & docs
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FAQ
About Flat 2, 8-10, Lower Market Street, Penryn
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