1-bedroom flat · TR10 8GZ
Let agreedListed 31 days · slow let
Opportunity summary
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About
Smart Property Group is pleased to present this truly exceptional Grade II listed apartment, a property that effortlessly marries historic charm with contemporary comfort.
Steeped in character, this home boasts striking exposed brickwork and beautifully preserved beams, which provide a warm and inviting atmosphere while serving as a reminder of its timeless appeal Smart Property Group is pleased to present this truly exceptional Grade II listed apartment, a property that effortlessly marries historic charm with contemporary comfort.
Steeped in character, this home boasts striking exposed brickwork and beautifully preserved beams, which provide a warm and inviting atmosphere while serving as a reminder of its timeless appeal entrance hall Skimmed ceiling.
Skylight. Smoke alarm. Recessed spotlights. Under-stairs storage cupboard. Intercom system. Radiator. Multiple plug sockets. Skirting boards. Vinyl flooring.
Doors leading into: Location Penryn is a historic, character-filled Cornish town that blends its deep heritage with contemporary living.
Famous for its narrow lanes, distinctive architecture, and friendly atmosphere, it offers a lifestyle rich in culture and convenience.
As one of Cornwall's oldest settlements, its maritime past can still be seen throughout the waterfront and traditional buildings.
Today, Penryn has grown into a lively centre with an expanding creative community, independent boutiques, inviting cafés, and artisan dining spots, making it an attractive place for both long-time residents and newcomers.
The town also hosts parts of the University of Exeter's Cornwall campus and Falmouth University, bringing a vibrant student presence and youthful energy.
With strong public transport connections including a train station offering direct routes to Truro and its close proximity to the bustling coastal town of Falmouth, Penryn provides an ideal mix of relaxed living with easy access to both urban conveniences and seaside attractions.
Kitchen 8' 9" x 7' 5" (2.69m x 2.28m) Skimmed ceiling. Smoke alarm. A range of wall- and base-mounted storage cupboards and drawers. Integrated Beko oven with four-ring hob and extractor hood over.
Splashback tiling. Stainless steel sink with mixer tap and drainer. Integrated under-counter fridge, freezer, dishwasher and washing machine. Multiple plug sockets. Tiled flooring.
Lounge/diner 17' 9" x 15' 1" (5.42m x 4.61m) Skimmed ceiling. Exposed beams. Recessed spotlights. Single glazed window to the rear aspect. Two electric heaters. Television point.
Multiple plug sockets. Skirting. Vinyl flooring. W.C. 4' 11" x 4' 1" (1.52m x 1.25m) Skimmed ceiling. Exposed beams. Extractor fan. Consumer unit. Storage cupboard housing the hot water cylinder.
Splashback tiling. Wash basin with mixer tap. W.C. Tiled flooring. Bedroom 9' 1" x 14' 9" (2.77m x 4.50m) Velux window. Skimmed ceiling. Exposed beams. Recessed spotlights. Built-in storage cupboard.
Electric heater. Television point. Multiple plug sockets. Skirting boards. Carpeted flooring. Door leading into: Ensuite 8' 0" x 3' 10" (2.44m x 1.19m) Skimmed ceiling. Extractor fan. Exposed beams.
Splashback tiling. Mains-fed shower over the bath. Shaver point. Wash basin with mixer tap. Heated towel rail. W.C. Tiled flooring.
Material information Verified Material Information Council Tax band: B Tenure: Leasehold Lease length: 977 years remaining (999 years from 2004) Property type: Flat Property construction: Converted grade 2 listed warehouse Energy Performance rating: C72 Electricity supply: Mains electricity Solar Panels: NoOther electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: None is installed.
Heating features: Night storage Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: None Building safety issues: No Restrictions - Listed Building: Grade 2 listing Restrictions - Conservation Area: Penryn in Cornwall is a designated conservation area.
The designation, originally established in 1969, covers a significant portion of the old town, recognizing its historic Tudor, Jacobean, andGeorgian buildings Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: Yes Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Wide doorways Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 7, Anchor Warehouse, Penryn
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