- Excellent investment opportunity
- Georgian town house facade
- Three self-contained small HMOs - nine rooms in total
- 2023/2024 turnover £43,200 based on £400 a month per room
- Fit for purpose, ready to go
- 55' South facing walled garden to rear
- Current yield of 8.64% at asking price
- Scope for increased rental and yield
9 Bedroom Terraced House for sale in Penryn
9
3
THE PROPERTY
This fit for purpose, no nonsense investment with great scope to increase its room rentals and give an even better yield. We like that it is effectively 3 self-contained flats and as such gives greater flexibility and options for the furture. One of the best prospects we have seen for a long time!
THE LOCATION
Broad Street lies in the heart of Penryn which is an historic and ancient market town with an active community and excellent everyday facilities including a nursery, primary and secondary schools. The town enjoys good communication with Falmouth via its bus service and train station, which links to Truro city and mainline Paddington. Penryn is enjoying something of a renaissance witnessed in the regeneration and development of Penryn's inner Harbour area providing riverside accommodation and extensive and exciting dining options. Penryn Campus is occupied by both Falmouth and Exeter Universities sharing buildings, facilities and services as part of the combined universities in Cornwall project; this recent transition into a university town is creating a real 'buzz' for the area. Falmouth town (approximately 2 miles) provides comprehensive shopping, schooling, business and leisure facilities.
Energy Efficiency Current: 71.0
Energy Efficiency Potential: 76.0
Important information
This is not a Shared Ownership Property
This is a Freehold property.
Property Ref: c3cefd52-ef1f-43ab-a316-1a280be2a4c8
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Heather & Lay Estate Agents Limited (Falmouth)
Falmouth, Cornwall, TR11 3DN
01326 319767
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