St Thomas Street for sale Penryn

Guide Price £300,000
For Sale 2 Receps 1 Baths 3 Beds
  • Three bedroom and attic room student let property
  • Lounge plus open planned dining room
  • Ground floor bathroom
  • Three first-floor letting rooms plus additional attic room
  • Gas-fired central heating system complemented by uPVC double glazed windows
  • Large basement running the full length of the property
  • Generating an income of 16,632 pa after bills
  • EPC - D
An investment opportunity to purchase this three bedroom plus attic room student-let property located in an ideal position within the town of Penryn within reasonable walking distance to all the local amenities the town has to offer. The property has been successfully run as a student-let and is booked for the forthcoming 2021/2022 year, generating an income of £16,632 pa after bills. The property being Grade II listed, as you would expect offers many characteristic features the most prominent being the feature bay window to the front of the property which is rumoured to have formally been a window for a ship, although there is no documentation to support this fact. Upon entering the property via the entrance hallway, a doorway gives access to a generous open-plan lounge incorporating a dining area with the lounge having a feature floor to ceiling open-stone fireplace with wood lintel. From here is access to the kitchen with ground floor bathroom, while to the first floor a quarter turn staircase leads to the three additional bedrooms with a further staircase giving access to room four/attic room. The property throughout benefits from a gas-fired central heating system and is in the process of having a new water sprinkler system installed. Externally, to the rear is a decked area with a door leading to the basement which offers extensive storage running the whole length and width of the property.

The vendor has advised us that over the past 15 years works carried out at the property include, a full house rewire, replacement of main roof and flat roof, sprinkler system, emergency lighting and interlinked fire alrm, fire door to kitchen, replacement fascia boarding, guttering and a soil pipe to the rear. Over the years the property has been let with a consistently high standard of maintenance.


Penryn is a historic market town being situated on the Penryn River approximate one mile from the town of Falmouth.

Penryn has in the past operated as a busy harbour which landed granite and tin to be shipped to various parts of the country and abroad. Today the town offers a good range of independent retail shops catering very well the day-to-day needs yet retaining much of its own historic heritage. The town is recognised as a conservation area and has a good mix of historic buildings, some dating back as far as Tudor times. The nearby train station operates to Truro being the main centre in Cornwall for business and commerce as well as Falmouth, with its maritime museum and harbour.
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