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See how verdicts work3-bedroom house · TR10 8BL
For saleListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property Currently let as a successful and well regarded Airbnb, this delightful, grade II listed character cottage is set in an ideal location within Penryn and offers versatile reversed level accommodation with a living/kitchen/dining space full of character featuring details such as a vaulted ceiling with wooden beams, polished concrete worktops, solid wooden windowsills and steel handrails.
The space is also flooded with light from Velux windows above and wooden double glazed sash windows.
Upstairs there is also a well proportioned double bedroom, which could also be used as a separate living room and a stylish bathroom.
Downstairs, there are two further double bedrooms, both with polished concrete floors and underfloor heating along with another stylish bathroom with polished concrete feature bath.
Bedroom three also ajoins the outside storage room offering potential to be incorporated.
Outside, there is a spacious courtyard offering plenty of outdoor seating space, along with a handy shed for storage.
All of this within a stones throw of lower market street and all the amenities of Penryn. Perfect as a holiday home/rental or as a home for someone looking to live in the vibrant town of Penryn.
Also sold with the benefit of no onward chain. The location St Gluvias Street is both central and convenient, whilst being tucked away with a mix of stone cottages, some of which are Grade II listed.
Penryn is one of the oldest towns in Cornwall, having received its first charter in 1265; a full town of surprises and surrounded by lovely countryside.
The building of Glasney College in 1265 placed the town on the map then the arrival of Falmouth and Exeter University turned Penryn into a buzzing and vibrant area.
Many local sports clubs are active in the community including Penryn Football Club, St Gluvias Cricket Club and Penryn Rugby Club.
Penryn is served by Penryn Primary Academy and Penryn College, whilst a 6th form can be found available at Falmouth School.
The town enjoys good communication with Falmouth via its regular bus service and its train station, which links to the city of Truro and mainline Paddington service.
Falmouth town (approximately 2 miles) provides an eclectic and more comprehensive range of shopping, schooling, business and leisure facilities.
And was recently voted 'the best place to live in the South West' in UK. EPC Rating: C Accommodation In Detail (all measurements are approximate) Entering through a solid wood front door into the.....
Hallway Two double glazed wooden sash windows with solid wooden sills to courtyard. Polished concrete floor with gas fired underfloor heating and thermostat.
Wood fronted cupboard containing space for washer and dryer. Wood fronted cupboard containing fusebox and electricity meter. Space for fridge/freezer.
Solid wooden staircase with metal wire mesh side, solid wood hand rails with steel supports and red brick wall rising to.....
Living/Kitchen/Dining Room Four, four pain double glazed wooden sash windows with solid wooden sills to courtyard and side with far reaching views across Penryn.
Vaulted ceiling with wooden character beams above and with three Velux windows. Log burner with slate hearth and red brick wall behind. Wooden floor boards throughout.
Kitchen Custom wooden base and eye level units with polished concrete worktop and one and a half bowl hand wash basin with chrome swan neck detachable mixer tap and slate splashback.
Electric oven with inset gas hob with extractor over. Built in dishwasher. Space for low level fridge. Bedroom One Entering through a wooden sliding door.
Two four pain double glazed wooden sash windows with solid wooden sill to courtyard. Vaulted ceiling with characterful wooden beams and two Velux windows with powered blinds. Wooden floor boards.
Bathroom Entering through a wooden sliding door. Vaulted ceiling with Velux window.
Three piece suite comprising walk in plumbed shower with mosaic tile base, hand wash basin with chrome mixer tap and W/C. Slate tiled floor and wet areas. Inset wooden cupboard and shelf.
Heated towel radiator. Extractor. Bedroom Two Entering through a wooden sliding door. Two four pain double glazed wooden sash windows with solid wood sills to courtyard.
Polished concrete floor with underfloor heating. Thermostat. Bedroom Three Entering through a wooden sliding door. Four pain double glazed wooden sash window with solid wood sill to courtyard.
Polished concrete flooring with underfloor heating. Thermostat. Bathroom Entering through a wooden sliding door.
Three piece suite comprising feature polished concrete bath with chrome chrome mixer tap, hand wash basin with swan neck chrome mixer tap and W/C. Slate tiled wet areas. Heated towel radiator.
Inset wooden shelving.
Wood fronted storage cupboard containing underfloor heating equipment Agents Note Tenure - Freehold EPC - C Council tax - B Services - Mains gas, water, electricity Yard Courtyard Coded wooden gate leading into a walled surrounded patio with plenty of space for seating.
Wooden shed ideal for storage of bikes or outdoor equipment. Outdoor tap. Fire exit door for neighbouring property (Only to be used in an emergency situation).
Garden Store room Polished concrete floor and electricity. Potential to be incorporated into bedroom three.
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.
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FAQ
About 10a St. Gluvias Street, Penryn
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