2-bedroom house · TR10 8DB
Listing removedListed 127 days
Opportunity summary
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About
A charming home offering a lovely blend of character and light and bright living accommodation conveniently situated on the edge of Penryn town centre.
The property offers a lounge with wood burner and beamed ceiling, a compact kitchen opening to the enclosed outside space, a ground floor bathroom and two first floor bedrooms.
The outside space has steps leading up to a private outside space and there is a shed with plumbing, electric and lighting for washing machine and tumble dryer.
Penryn is renowned for its attractive period properties and excellent transport links and access to the beautiful countryside and coastline beyond.
Truro Hill is full of character properties situated close to the centre of Penryn and Commercial Road where there is a growing range of restaurants and cafes plus a convenience store.
Penryn is an historic market town located at the head of the river with a varied selection of niche retail shops as well as convenience stores, Post Office, cafes and Public Houses.
The train station provides a regular service to the Cathedral City of Truro where there is a main line rail link to London Paddington.
The expanding Tremough University is situated on the edge of Penryn whilst Penryn College is easily accessible via the numerous bus routes serving the town.
The harbour town of Falmouth is about two miles distant with a wider range of specialist shops and high street stores, high quality restaurants and bars to cater for every taste.
There are many attractions including four beaches and the sailing waters of the Carrick Roads are considered amongst the best in the country.
Popular visitor attractions also include the National Maritime Museum and Pendennis Castle.
Evening entertainment can often be found at Event Square in the heart of the town or you can choose from a number of films showing at the multi-screen cinema.
Accommodation Comprises Double glazed entrance door opening to:- Lounge/Diner (16' 9'' x 12' 3'' (5.10m x 3.73m) maximum measurements) Double glazed sash window to the front elevation.
Exposed beams, inset fireplace housing wood burning stove with shelving to either side. Space for dining table and chairs, under stairs storage cupboard, radiator, electric meter box.
Laminate flooring and stairs to first floor.
Doorway through to:- Kitchen (7' 6'' x 6' 1'' (2.28m x 1.85m)) Range of wall and floor mounted cupboards with solid wood worktop over incorporating a sink and drainer with tiled splashback.
Integrated oven and hob, space for fridge and space for freezer. Extractor fan. Tiled flooring. Display shelving and radiator. Double glazed window and double glazed door to outside.
Door to:- Bathroom Low level WC, bath with electric shower over, shower curtain, tiled surround and pedestal wash hand basin with tiled splashback and mirror cabinet over.
Obscured double glazed window with blind. First Floor Landing Storage cupboard and painted floorboards.
Bedroom One (13' 0'' x 9' 2'' (3.96m x 2.79m) maximum measurements) Double glazed sash window and radiator.
Bedroom Two (11' 1'' x 8' 4'' (3.38m x 2.54m) maximum measurements) Double glazed window with roller blind and display shelving. Cupboard housing the gas boiler.
Outside Rear The courtyard is laid with patio slabs and enclosed providing privacy with built-in seating, space for table and bin storage.
A large shed has electric, lighting and plumbing for washing machine and tumble dryer and provides a good storage space.
To the rear of the garden are steps up to a further private raised garden space which is enclosed by fencing. Outside Front On-street parking is available to the front.
Agent's Note The Council Tax band for the property is band 'A'. Services Mains water, mains drainage, mains electric and mains gas.
Directions Proceed along Commercial Road heading away from Penryn towards Treluswell, passing Church Road on the right and passing the petrol station on the left.
After a short distance turn right into Truro Hill and the property can be found a little way up on the righthand side. If using What3words:- fruits.celebrate.decoder
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 18, Truro Hill, Penryn
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